Re: Future currency

From: Joel Pitt (
Date: Mon Jan 08 2007 - 00:21:36 MST

On 1/8/07, micah glasser <> wrote:
> There won't be any money post-singularity. This statement is most likely
> true for a number of reasons. To begin with money exists primarily to
> facilitate the coordination of human labor and human labor will cease to
> exist within the context of scarcity economics. Another reason why money
> will not exist post-singularity is because AI will be the dominant species
> and AI will not be motivated to work for the same reasons as naked apes
> (read self interest). To illustrate my point consider the borg. I realize
> that its cheezy science fiction but the point is that a species such as the
> borg certainly would not use currency of any kind and for the same reasons
> neither will a post-singularity collective entity use any kind of currency.
> Currency arises out of the consciousness of apes and apes will cease to
> exist as an economic force.

You assume that 1) a collective is the only viable post-singularity
society, and 2) a dominant AI will decide to distribute all
mass/energy uniformly between conscious entities.

Thought requires energy, thus the information gained from thought will
be valuable in any society that is not a collective.

"Unless you try to do something beyond what you have mastered, you
will never grow." -C.R. Lawton

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