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Correct, and one should expect unequal distribution under any system because individuals make their own choices and are proficient in different areas that are valued subjectively. Equal distribution for its own sake is inherently undesirable and all centrally planned regimes throughout history that have attempted redistribution of wealth have failed and had objectively worse standards of living. The difference is that in a free market the unequal distribution of resources will be based solely on free choices by individuals, not based on a coercion from a politburo

Micah541 2y ago

The unequal distribution that will occur because of AI is unacceptable. People will burn everything down. We need more than muh free markets.

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Discussion

Neve Farms 2y ago

Disagree. Technology makes us more efficient. Efficiency gives us more time. Time is money. Fear mongering about AI is akin to favoring horse drawn carriages over internal combustion vehicles. Sound money accrues the efficiency, fiat vacuums the gains to the top a la the Cantillion Effect.

Neve Farms 2y ago

You have two choices, AI controlled by central planners of a corporate controlled bureaucracy, or to let go of fear and disburse the benefits and mitigate the oppression with bitcoin.

Neve Farms 2y ago

But we do need more than free markets. We need morals, integrity, and virtue built on a solid foundation. I think Christianity can provide this imo