A peek at future economics

From Scientific American:

“Last Sunday, at the Beijing E-Town Half Marathon, a red humanoid robot of a type named Lightning finished the course in 50 minutes and 26 seconds—faster than the human world record. Its long legs were modeled on elite runners, and its motors were cooled with a liquid-circulation system adapted from the smartphones of its maker, Honor, a Chinese phone company.”

But it isn’t just muscle and performance. From mariner’s December 7-25 post:

[ Tilly Norwood has her own AI set, an historical collection of backdrops and an AI cast as needed. One person writes script, finds cast and background and creates Tilly as the lead character. Barbie Doll hasn’t got a chance! Not even a physical, three-dimensional, conversational sex doll like Lucy has a chance.

Viewers could easily accept her alongside all the other TV stars on television, smartphone and laptop. The difference is that about 500 paid artisans aren’t needed. The big shift in job descriptions is that for humans, there won’t be many. ]

A massive shift in resource distribution is in the future. Hints of its nature already are available in trade relationships (which Don did his best to break up with his tariffs). In many trade relationships, already the bonding force is stronger than that of politics. The best example is China’s trade relations with a number of South American nations.

Does the reader remember when banks held your money so you could write a check instead of carrying lots of money with you? Even better, do you remember when you could use a credit card when you didn’t even have cash to cover the transaction? These are good training experiences for the next move: You won’t need cash at all – the banks will manage your budget for you. This will allow nations to manage more closely your consumption as it relates to global resources. Walmart and Amazon already are offering to be your purchasing agent.

As a last early example of the economic future, it is  imperative that the reader become familiar with Crypto financing. Your statistically determined wealth will exist along with everyone else’s. Many things will change. Just one: the reader will no longer have to pay taxes – they are automatically paid.

Ancient Mariner

 

 

 

 

 

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Tilly has her own AI set, an historical collection of backdrops and an AI cast as needed. One person writes script, finds cast and background and creates Tilly as the lead character. Barbie Doll doesn’t have a chance! Not even a physical, three-dimensional, conversational sex doll like Lucy has a chance.