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X @Balaji
Balaji· 2025-12-12 04:25
Historical Shift in Leftist Ideology - The left's stance on technology has shifted from pro-tech (as seen in the USSR and China) to anti-tech since the 1960s [7] - This shift is attributed to technology's decentralization, contrasting with the centralized state favored by communism [1] - The Western left's association of technology with a perceived "enemy tribe" (whites/males) further fueled this anti-tech sentiment [7] Tech and Capitalism - In the Soviet Union, technology and capitalism were separated, with STEM fields being individualistic pursuits unlike managerial capitalism [2] - Post-war America also saw a partial separation, with high tax rates and centralized STEM initiatives channeling talent into academia [3] - The development of the transistor marked the beginning of technology's decentralization and its re-integration with capitalism [4] Political and Social Factors - The Western left's focus shifted from the working class to a "wokest class," leading to a rejection of the traditional working man [5] - The decentralization of the left, potentially influenced by the CIA, favored abstract expressionism over Soviet-style centralized control [6]
Will AI make people "economically irrelevant?" #shorts #ai #economics #capitalism
Bloomberg Television· 2025-12-07 20:33
AI Impact on Labor - AI 的成功应用将大幅提高生产力,但可能导致所需劳动力数量显著减少 [1] - 资本主义依赖工人,而 AI 驱动的生产力可能导致大量人口失业,对资本主义模式构成挑战 [1][2] - 大众可能难以接受缺乏工作机会的资本主义模式,这可能对社会稳定构成威胁 [2] Potential Solutions - 普遍基本收入 (Universal Basic Income) 被视为一种可能的解决方案,以应对 AI 导致的大规模失业 [3] - 普遍基本收入可能被批评为奖励懒惰,但也可以被视为对个体“无用性”的一种补偿 [3]
What Went Wrong With Capitalism?
Bloomberg Television· 2025-12-07 13:01
Capitalism's Evolution and Crisis - Capitalism has adapted through various models, including laissez-faire (1.0), Keynesianism (2.0), and Thatcher-Reagan era (3.0), each with its own strengths and weaknesses [3][6][7][8] - The model in force until 2008 crisis has perished, and a new model (Capitalism 4.0) is yet to take shape with clarity [5][6] - Markets signal to politicians when a model has ceased to work, as seen with the Great Crash, the inflation of the 1970s, and the 2008 crisis [10] Challenges to Contemporary Capitalism - Over-intervention by governments to minimize pain for markets and investors has ruined capitalism [14] - The expansion of the state, the culture of bailouts, and regulations undermine capitalism by entrenching incumbents and socializing losses [15][16][17] - Concentration of power in a few companies dominating the S&P 500 is a perversion of capitalism [17] - Productivity growth is falling off due to the loss of dynamism in capitalism, with constant state support hindering new entrants [18][19] Disillusionment and Alternatives - Approximately 70% of Americans believe they are unlikely to be better off than their parents, violating the American capitalist dream [21] - Many young people in America are disillusioned with the current form of capitalism and prefer socialism [22][23] Financialization and Liquidity Concerns - The degree of liquidity and financialization in the markets is seen as a problem by many capitalists [24] - Liquification and financialization of the economy have eliminated judgment and trust, leading to a version of capitalism that may not be better than socialism or communism [26]
X @Bloomberg
Bloomberg· 2025-12-06 13:07
In this Wall Street Week, David Westin talks about capitalism being under scrutiny and protests in Nepal https://t.co/3c6EkNfEai ...
X @Elon Musk
Elon Musk· 2025-11-22 06:05
Economic Systems - Capitalism is described as Player versus Environment (PvE), suggesting a collaborative economic model [1] - Alternative economic systems are seen as degenerating into Player versus Player (PvP), implying a competitive and potentially destructive dynamic [1]
X @Nick Szabo
Nick Szabo· 2025-11-21 09:37
RT Elon Musk (@elonmusk)@MichaelAArouet Academia is a bastion of extreme socialism, so that is what they teach kids.The root cause is that vast funds are transferred from taxes on productive citizens to colleges, which allows them to enjoy the benefits of capitalism, while living in quasi-communism. ...
Bryan Johnson on Don’t Die: A New Moral Philosophy for the AI Age
Bankless· 2025-11-18 18:04
We are potentially at the end of what has been a couple hundred year run of how we understand ourselves in society. And when you look at the things that precipitated the change, it's usually where the system falls apart and is no longer just able to serve the purposes it it created. So for example, capitalism was meant to solve scarcity, which it has, but it's led [music] to compulsion.and democracy was meant to do freedom of choice, but addiction is now so [music] prevalent, we're slaves to that which surr ...
X @Investopedia
Investopedia· 2025-11-17 23:30
Discover if the U.S. operates as a mixed or market economy. Learn how capitalism and socialism shape its structure and the role of government intervention. https://t.co/2VzNFsdQ9X ...
X @mert | helius.dev
mert | helius.dev· 2025-11-15 19:50
Crypto Market Evolution - The key is to ensure capitalism is "done right" [1] - Capitalism "done wrong" leads to corporatism [1] - This trend is already visible in the crypto market [1] - Ironically, evolving markets correctly requires making crypto more libertarian [1]
X @mert | helius.dev
mert | helius.dev· 2025-11-15 19:49
crypto, done right, can end up being 100x more impactful than AIthe reason is that coordinating humans is upstream of coordinating botscapitalism lets you coordinate humans and resources across time and space via marketscrypto evolves capitalismin other words: trillions ...