>>13441224Everybody would live like kings because resources would be so efficiently distributed.
We just need to reduce the world population to under a billion and let AGI generate economic policy based on data collected from everyone with it programmed to maximize standard of living.
The economic model we have now is highly inefficient and whether you like it or not, huge wealth disparities create suboptimal performance.
It is not about socialism or capitalism.
The economy should be run on the tenet of optimizing economic performance.
All these idologies of the past? They will die off as algorithms make more of the decisions.