@MaxUtilitarian@Handre The Left will counter this with: using technology (cellphones, watches etc) and AI, we can harvest the disparate patterns of everyone, even if they are not conscious of them, and therefore we can manage society for a better outcome.
@PerBylund I too doubt the prediction. Google made knowledge free, but people are no more knowledgeable. AI may reduce the cost of creativity but I doubt the average person will become any more creative. But certainly the people who are naturally creative will be more creative (and richer)
@ZubyMusic They are โ age 4 is peak humor (IMHO). At this age they have pieced together a view of the world that is often slightly wrong in the most subtle but hilarious ways
@DanielPriestley This will be the epitaph of MMTโs Job Guarantee scheme. It will be โactivity without productivityโ since the only metric of success is that there is a job to done
@Handre@RockChartrand takes my nomination. He relentlessly counters Socialist posts with solid philosophy, ripping the foundations from beneath their arguments
@DanielPriestley Absolutely true. As a consultant, my workflow has changed more in 2026 than in the last 30 years due to AI (specifically Claude Code), and I estimate my productivity is x3 to x7.
@TimePreference_ I agree. People find it difficult to image a world without patents but image if food was patentable. Image someone owned the patent on burgers and you could only get a burger from one establishment. This illustrates the growth killed by patents
@HenricCont@mmt_action@d_magpie This is a great example of a post MMT industry. Lots of guaranteed jobs and lower productivity. The core problem for MMT goes back to Mises economic calculation โ the state cannot efficiently allocate resources without a free market
@DanielPriestley A major factor is the size of the State. The State is chronically inefficient. With a higher fraction of GDP going through the State, the whole economy is operating evermore inefficiently. Effectively the car is getting bigger, and the engine is getting smaller