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Journal by khallow
I was trying to put together some musings I had about experimentation at the society level with an eye to eventually making society better, but suffered from serious writer's block. So here's what I have.
First, the observation that we can look at a society as a bunch of humans with infrastructure. This infrastructure appears at many levels: individual biology/psychology, culture, rules and trade, the traditional sort of infrastructure (energy generation, roads, emergency services, telecomms, internet), and education/knowledge.
Today, we bring a lot of interesting tools to the table for improving society. First, we have a better understanding and knowledge of the workings of society. Second, advancing technology allows us to do things that weren't possible before. A key one is things are becoming less scarce. We may even be on the verge of the post-scarcity society where basic human needs are "too cheap to meter".
Second, it seems a fine environmental for experimenting with a variety of possibilities that would be legally and culturally acceptable to a degree.
For example, we're already trying out non-traditional relationships like same sex marriage and internet discourse with considerable success.
I wish society was more open to economic/trade experimentation (like gig economy, high frequency trade (and other automated trade mechanisms), and cryptocurrency).
Finally, not much point to experimenting, if one doesn't pay attention to the results. For example, we have vast improvement in the human condition due to the present economic system (global trade, capitalism, plus widespread democracy), but I still see people pushing old narratives that ignore that. Similarly, the economic experiments I mentioned above all have resistance from sources that usually can't be bothered to find an actual problem (gig workers are "exploited", HFT is stealing pennies from grandma every time she trades, and cryptocurrencies are for tax evasion).
On that last point, it doesn't make sense to do experiments, if you can't perceive what works or not in those experiments.
First, the observation that we can look at a society as a bunch of humans with infrastructure. This infrastructure appears at many levels: individual biology/psychology, culture, rules and trade, the traditional sort of infrastructure (energy generation, roads, emergency services, telecomms, internet), and education/knowledge.
Today, we bring a lot of interesting tools to the table for improving society. First, we have a better understanding and knowledge of the workings of society. Second, advancing technology allows us to do things that weren't possible before. A key one is things are becoming less scarce. We may even be on the verge of the post-scarcity society where basic human needs are "too cheap to meter".
Second, it seems a fine environmental for experimenting with a variety of possibilities that would be legally and culturally acceptable to a degree.
For example, we're already trying out non-traditional relationships like same sex marriage and internet discourse with considerable success.
I wish society was more open to economic/trade experimentation (like gig economy, high frequency trade (and other automated trade mechanisms), and cryptocurrency).
Finally, not much point to experimenting, if one doesn't pay attention to the results. For example, we have vast improvement in the human condition due to the present economic system (global trade, capitalism, plus widespread democracy), but I still see people pushing old narratives that ignore that. Similarly, the economic experiments I mentioned above all have resistance from sources that usually can't be bothered to find an actual problem (gig workers are "exploited", HFT is stealing pennies from grandma every time she trades, and cryptocurrencies are for tax evasion).
On that last point, it doesn't make sense to do experiments, if you can't perceive what works or not in those experiments.
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Do not use if foil seal is broken.
(Score: 1) by khallow on Thursday March 24 2022, @04:01PM
Ask the parties going through considerable effort and resources to do these things not me. My take is that the enormous effort going into these things demonstrate the considerable value to the parties undergoing the effort. And that's good enough for me. Nothing has to have value to everyone.
Except that it doesn't. As I noted in my posts on that subject, we already have regulation throughout the developed world that prevents most such gig economy work. Thus, gig economy work doesn't overlap much with regular work.
And sorry, but a worker who deals with those costs will become well-equipped to understand them in a few months to years. And that's an important thing to note. Removing oneself from gig economy work is pretty easy to do - vastly easier than quitting a traditional job.
In other words, there's value where there was none before. That's typical economic fabrication (in the non-deceptive sense of the word) of value.
There is no dearth of artificial means of inflating money supply. That isn't what drives the value of cryptocurrency! And it's absurd to claim that this somehow inflates normal inflation. Even if we were to take the entirety of the cryptocurrency market capitalization as an inflationary add on, it's only $2 trillion [coinmarketcap.com] presently. Real property is somewhere in the neighborhood of $250 trillion [institutionalinvestor.com].
This.