21 sats \ 0 replies \ @elvismercury OP 2 Apr \ parent \ on: The network state and the hyper-spherical economy mostly_harmless
I think you're right, and I want to get my mind around the AI connection in particular, all the way. The logic I'm playing with goes something like:
- AI is the ultimate proof-of-work system: PoW involved in the manufacture, but PoW in deployment, in the logistics and the energy cost.
- If computational resources to run giant NVIDIA farms become the key to competitive advantage (or even equilibrium) in the future, then all the fiat tricks will be squeezed to the limit.
- People will be placated, for a while, if you give them trinkets that you claim are free; but hard money chases out soft when consequences are high enough and timescales are short enough.
That last bullet seems different, to me. AI seems different. And especially, the world in response to AI, which among its virtues is also an infinite-bullshit-generator. Not being able to bullshit btc proof of work is the ultimate high stakes, anti-bullshit countervailing force.
Again, this feels like it really is something, but don't have the argument crystalline yet. Thoughts welcomed.