[ExI] thought experiment part 1

[Colin Hales]

Perhaps rethink your ideas on money? The only thing that makes a rich man
rich is a belief, by a market, that the 'idea' of what money is has
attached to that person. Money is not real. Acting as if it is real is the
only thing that reifies it.

Then there's the matter of the impact of AI automating humans out of
everything. Consider if you defund all your customers, who no longer have
jobs and are on subsistence incomes. Those customers ARE your market. The
fatcat with all the $ thereby kills all the actual value. A trillionaire
with no market and no humans to buy what you sell is a deluded pauper with
nothing but a large number in a computer, and will starve to misery & death
like everyone else.

We either share all the benefits of AI or we sink into misery, mediocrity,
war and religiosity.

What I am hoping is that money itself can go away, perhaps a poison to be
carried by the AI, who can squabble over it and screw each other over and
leave us out of it while they organize supply.


On Tue, 2 Dec 2025, 12:08 am John Clark via extropy-chat, <
extropy-chat at lists.extropy.org> wrote:

> On Wed, Nov 26, 2025 at 6:48 PM <spike at rainier66.com> wrote:
>
>
>> *> John opined that shortly a few thousand people become trillionaires,
>> with an implied opinion that this would be a bad thing. *
>>
>
> *By itself that's not a bad thing, however if all the astronomically huge
> amount of new wealth generated by AI went to just a few thousand people
> then objectively it would be a bad thing, if you make the assumption that a
> bloody Civil War would be a bad thing.  *
>
>
>
>> *> ** take it to the absurd but absolutely ultimate extreme: one guy
>> owns not just a trillion dollars, but aaaaaalllll the daaaaaaammm money in
>> the world.  One guy.  Somehow he gets AI working for him before anybody
>> else, and now he owns it all, one guy with all the money in the world.*
>>
>> * OK.  Then what? *
>>
>
> *Good question. Then Mr. One Guy would have no further use for anybody
> else, and so the future of the entire human race would depend on the whim
> of just one human being. So what happens when he is in a bad mood? I would
> prefer Mr. Jupiter Brain have that power because I very much doubt Mr. One
> Guy managed to accumulate all the wealth that exists by being Mr. Nice Guy,
> and Mr. Jupiter Brain would be one hell of a lot smarter. From history we
> have learned that when it comes to human beings, power corrupts and
> absolute power corrupts absolutely, but perhaps a Jupiter Brain would
> behave differently. *
>
> *John K Clark*
>
>
>>
>>
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