> You may hate it but you don't matter. We all do it no matter what.
I've seen you say "you don't matter" in many of your comments. Why do you think like this? Sure, we don't matter much most of the time, but this kind of elitist thinking and decision-making is clearly leading to growing discontent, which can then be used against "people who matter". Perhaps the tools for controlling the masses are now powerful enough to make what you say true, but there's a chance your "let them eat cake" attitude will lead to the downfall of the people who currently matter.
If you check their profile you will see they are a VC. I’m sure they believe they are one of the masters of the universe, and by “you don’t matter” they mean other people, not themselves. They have money and power, so they get to matter.
Bezos didn't create that wealth alone. He had help from thousands upon thousands of people. It's impossible to calculate how much of the value of Amazon was actually created by the work Bezos did, how much by other people in the company, and how much was just natural evolution brought about by technological and societal change. Bezos gets billions because he is in a position of power where he gets to take it, not because he created that much value.
But even if Bezos actually creates billions of value on his own, it doesn't mean that he should get those billions. The reward for such high value work should be high enough that Bezos chooses to do it instead of something else, but it doesn't need to be higher than that. In a world where the highest paid position would reward a few million instead of a few billion, I'm sure Bezos and people like him would still gravitate towards that work since it'd still be work with the best rewards.
People who have some revolutionary ideas wouldn't abandon them if the potential highest reward was millions instead of billions. Or do you believe that there are people with good ideas right now that abandon them because they can't earn trillions with the idea? What people expect as a reward for their work is what decides whether they do it or not. If we can lower the expectation, we can get the high value work without creating dangerous levels of power concentration.
This will be the reality until we come up with a way to make good decisions using direct democracy, and make that decision-making process so fast and easy that it can be used for any kind of group decision.
Concentration of power stems from our inability to make good decisions as a group of equals. We have to choose someone to make decisions for the group because there is currently no other working way to make them. Current technology might enable us to find some form of true democracy, but I'm not sure if anyone is looking for it.
There does not seem to be an easy answer for which political system delivers the best benefits.
Direct democracy has defects that have been apparent for thousands of years. I believe Plato was one of the first to argue that democracy turned into mob rule.[0] It seems unlikely that this was entirely original. Similar ideas must have been current in Athens well before his time, since they had abundant experience with demagogues and other problems during the Peloponnesian War. I don't think Plato's solution (Philosopher Kings) was correct, but it's harder to argue against his framing.
It therefore seems like a question of which approach is less bad up front and whether it decays into something worse. Personally I would satisfied with a functioning republic in the US, which is where I live. What we have now is an oligarchy.
The 51% voters are just another self-interested power center that will favor themselves and extract resources from the 49%. Not to mention that the system can be corrupted at every point. For instance, you still need police and military to enforce the results of group decisions; and at any moment they can seize power and take control, unless they're placated with preferential treatment by the system - reinventing systemic hierarchy.
There is no system that is immune to human corruption. And all the high-minded belief in the human spirit, and the good-will of democracy, falls flat with even a cursory examination of previous attempts.
There's value in that only if assessments made by people using the prediction for something aren't better than crowd wisdom. I would guess that a large part of prediction market participants are simple gamblers whose assessment is worse than the prediction of someone doing it because they need the information for something.
So if people who need predictions for decision-making start relying on prediction markets with a lot of low value gambler predictions and opinion manipulators (wealthy participants can use the platform to mislead people as well) the value of these things might be negative.
Or if decision makers start using the gambling markets to drive their decisions, the value of these things will go extremely negative.
The headline bet in Polymarket right now is on when US troops will invade Iran. If some unscrupulous official can pull some strings to get boots in the ground in the next few days, they stand to win a significant amount of money.
There will be no point, and the stuff that normal people use will become more expensive as resources are more and more directed to megaprojects that the capital class is interested in. More modern equivalents of pyramids and extravagant castles and less consumers goods.
Why couldn't China be better? It can't get much worse than what the US is currently doing. It's getting dangerously close to 30s Germany levels of madness. China at least at the moment seems like a better run country, and much less interested in forcing its will on other countries.
Yes. The bigger the gap becomes, the more the economy will be geared towards serving the needs of the wealthy instead of regular people. If a trillionaire wants a mansion on Pluto or an AI to serve him, a large workforce and a lot of resources will be put towards that goal, making those resources and work more expensive to use for other goals. Your healthcare and shelter has to compete for resources and their prices will rise as the demand for overlapping resources goes up due to the huge purchasing power of the wealthy.
What we produce in this economic system is decided by money. If 90% of all money is in the hands of the wealthy, then 90% of all we make with out limited workforce and resources will be decided by them.
Those meals would most likely help a lot of kids become healthy productive members of society. That money would be saved by the families of those kids and used in other parts of the economy. A lot of the cost would therefore be returned. The money spent of this war is producing only destruction.
I don't think this is what social media provides. With social media people are able to choose one perspective and seem to just immerse themselves in a bubble so that they only get exposed to the view of their choice.
I wish it was just psychos with power that are causing these issues. It's worse than that I think. It's the competition based systems of human organization that will result in what you're describing.
Even if people in one country manage to get rid of the psychos and give power back to the people, the countries that continue at full speed to full automation of the economy and the military will just win the competition over resources and power. For as long as our economic system and the systems that govern relationships between countries are based on competition, we are forced to continue on this path. The ones that choose not to will lose.
We would need to quickly build systems based on cooperation instead of competition if we want to avoid a disaster. No more markets, no more competing nation states. Probably an impossible task considering we don't have much time left before we have automated systems that make it impossible for people to take back control from the owners of those systems.
I believe decentralized, democratic systems(not the sham imposed in most countries) are inherently _better_ systems than autocratic rule, and will produce better rules for the whole.
Competition is good, but must be done by rules enforced by the global community.
Could be, if we can come up with efficient ways to govern using direct democracy that lead to better decisions than what we now have. I don't see much work being done to come up with such a system, though.
What they do there is not enough. All decisions should be made using some form of direct democracy, otherwise you leave an opening for power concentration again, which will lead to the same problems we're now facing. We can't make all decisions using referendums.
I've seen you say "you don't matter" in many of your comments. Why do you think like this? Sure, we don't matter much most of the time, but this kind of elitist thinking and decision-making is clearly leading to growing discontent, which can then be used against "people who matter". Perhaps the tools for controlling the masses are now powerful enough to make what you say true, but there's a chance your "let them eat cake" attitude will lead to the downfall of the people who currently matter.