How Do We Deal With The Technology Issue?

This is something that keeps cropping up as I travel around the Internet doing my basic research.

There is little doubt we are embarking upon an age of advanced technology. Whatever aspect of development we focus upon, whether it is the associated fields of AI, quantum computing, brain-to-computer interfaces, or mixed reality, every is aware we are dealing with some powerful stuff. This could lead to remarkable progress over next few decades.


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We do come upon a major issue though. How do we deal with the "ownership" of this technology? Some of these advancements could be hundreds of times more powerful than what we saw with the Internet. Unfortunately, the drive for profits meant that companies set up walled gardens they could control. Couple this with the "winner take most" reality that we see in the digital realm and we can see how this is a problem.

So what do we do about this going forward? It is a topic of discussion that many approach. Sadly, it is a situation where few novel solutions are being proposed.

Sam Altman, the CEO of OpenAI did an interview where he discusses this situation.

Like many others, he proposes something that has the government in the middle of it. His idea is to use taxes to distribute wealth.

At the core of his thesis is the fact that we are approaching "Moore's Law of Everything". Moore's Law applies to semiconductors stating that the number of transistors doubles every couple years. This allowed for the price of chips to plummet while production shot through the roof. It is a process that lasted more than 6 decades.

Altman believes that we are embarking upon technologies that could make this a reality in most areas of life. If we use robotics and AI, it could spread to medicine, manufacturing, and construction. It also could apply to the develop of AI systems themselves.

Which brings us back to the question of ownership. Obviously, companies that are able to generate something like this will be in a fantastic position to generate enormous wealth. Again, since it ends up being a winner take most situation, the companies in selected areas will be worth, ultimately, trillions. How do we deal with that much money in very few hands?

Altman's answer is to tax land and use that to pay people. The full write-up of his views can be found here.

Tokenization

In my mind, the answer is very simple. The question of ownership and control come down to tokenization. It really is that straightforward.

We are dealing with systems that only a few companies have the resources to develop. Certainly, with so many developers around, the ability to get algorithms going is widespread. That said, to put together a system that has enough computational power to develop self driving, for example, is relegated to only a few companies. The biggest players in the world are the only ones who can generate these "super systems".

Sadly, we saw how many of them operated. The idea of Google or Facebook, two companies with enormous computational power, creating a system like this is scary. Their core business model is to sell advertising. This is simply going to be used to further that cause, perhaps even conditioning people as to what they want to buy.

Here is where we see a lot of the dystopian ideas that many have.

The technology issue that is being discussed here could easily be handled by tokenization. It is a system that is more open which means the distribution of wealth could spread out much wider. Also, since the inclusion is greater, the stakeholders end up being a part of the process as opposed to the "product". As technology advances, this is going to be even more important.

We are at a stage where it is not difficult to see the mega-tech companies getting more powerful than governments. While the later still have an edge in the power, that might not be the case much longer. As these companies enter these more advanced realms, the fact they are global in scale gives them an advantage. Also, when we look at the talent levels, the best are working for them. This makes it difficult for government entities to have an idea of what these companies are doing until it is too late.

Tokenization answers the governance issue in a different way. While we are still in the early stages of experimentation, it is likely that we come up with some different governance models in the next few years. These could be applied to this situation in a manner that allows for a purer form of democracy. After all, with the Internet, votes can be cast at any moment of the day.

Ownership By All

It is time that we start to understand that importance of embracing the idea of "Ownership By All". This is really the only way to deal with the power of the technologies that are emerging.

If anyone believes that the companies developing this stuff are going to operate in the best interest of all, that is a risky viewpoint. Historically, companies have done all they could to monopolize different segments and will do nothing to threaten that. In fact, any threats are often dealt with in a ruthless manner.

We also have to keep in mind that this is the situation with today's technology. It is safe to say this is mild in comparison to what we are going to be dealing with by the end of this decade.

Consider the concept of a Microsoft, Apple, or Facebook being the first to develop what is termed Artificial General Intelligence (AGI). What do you think will happen at that moment? A single company has something that is orders of magnitude more powerful than the existing nuclear arsenal. In a digital world, this gives them almost complete control.

The knowledge that company is acquiring each second will just push them further ahead. In other words, no other entity will be able to catch up. Effectively, they could use this to dominate markets and industries. The people involved with this company could end up generating trillions of dollars. Everyone else will be left in the dust.

Of course, things are not much better when we think about it from a government perspective. The Unites States or Chinese governments having this technology is no more appealing than Facebook or Google. Hence, no matter which side we turn to, it is equally as distasteful.

The only way around this is go to from "mine" to "our", This is not a political viewpoint but rather, a natural extension of this new reality. If anyone thinks that companies owning this is a good thing, that the free market determining the winner will lead to great advancement, that is misguided. It will lead to tyranny as one or two companies assume near complete control.

Of course, the flipside, of making it part of the government and letting that entity handle it all is setting ourselves up for the same tyranny. This time, it is just a different dictator.

Governments are just as power hungry as mega-corporations. Their need for control is second to none. We already see the direction governments around the world are moving, including those that are supposedly democratic. It is a farce. They are all engaging in surveillance, domination, and control to whatever extent they can get away with.

Once again, we are watching this with 2021 technology. What will the situation be like with technology from 2031 or 2035?

Tokenization opens up the door for an entirely new model which to establish around these technologies. As more people realize this, hopefully it will enter the discussion. Of course, those in power will not give it up willingly. It is why we are in a race to keep improving the "wealth basis". As more is developed in the crypto world, this will keep improving the prospects of the network effect. Over time, that could build enormous value which can rival the existing system.

It is a game that is played in the trillions. Thus, to be viable, we have to see development reaching the tens of trillions of dollars. Then we will be at a point where statements can be made.

Tokenization is a vital part of the process in handling the upcoming technology issue. The stakes are high and many are looking for a viable answer. I think we already have the solution. It is up to us to keep building upon it.


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Consider the concept of a Microsoft, Apple, or Facebook being the first to develop what is termed Artificial General Intelligence (AGI). What do you think will happen at that moment? A single company has something that is orders of magnitude more powerful than the existing nuclear arsenal. In a digital world, this gives them almost complete control.

This is definitely not something that bodes well for the rest of us. At least with that available, it doesn't bode well for us who want decentralized technology to take over.

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I would be skeptical to think of decentralization as a utopian conclusion to where we are headed. Ownership by all is only successful in small communities. In large populations power will always pool in an area, whether it is government, dictatorships or businesses. An educated and powerful people will be the only thing to keep these entities in check.

In short, meet the new boss, same as the old boss.

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Decentralization doesn't need to be a utopian conclusion or even uptopian next level; it just has to be better than the current paradigm. The combination of tokenization with decentralization can be powerful, indeed (if not unstoppable).

I think of "owenership by all" along th lines of "each of us is an owner." It's businesses and business owners which get the breaks while employees of those businesses are stuck with [J]ust [O]ver [B]roke wages.

I think it would be a radically different situation if each of us was a business and owner of a business. This way we can relate to each other as owners and help each other move forward even as we compete against each other. If the pie is big enough, everyone should get plenty regardless of the size of the pie slice. Either that, or we figure out how to bake an additional pie.

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Yes unfortunately these are situations where the crypto community is light years behind. For example and i wrote in a thread i believe just this week that there were only 2 projects in cryptocurrency that i felt were the most important and that it was paramount these areas of crypto have our attention.

One such area was decentralized ai for reasons even far beyond just mega companies owning it.. Decentralization of super ai is important to our very existence forget about classes and who deserves what. A super ai can be the difference between having edges over our national security in teh technology race. So its important on many levels.

The other was of course ubi. The problem is in the ownership capacity of such ideas whether you just tax land or you tax the ai systems and production and transactions as they occur. You'd still create a similar outcome of the system paying its fair share but also balancing the problem of the govt system has taxed 100 men in personal income taxes to do work they no longer have the jobs to do. Now the ai robotics system does the same job where does the wealth go.. well it goes back to the company in control of the system as you said they'd have the resources to produce these things.. However they haven't comparably given the same in value as the human worker.

So my point is they'd need to be still taxed anyway at the level of production society no longer collects or that wouldn't be fair to human workers . .what about all the years the human worker had to pay the tax.

The problem with the space is it doesn't focus on real use cases and solutions which it needs to be doing to be seen as useful to the public. So even when we mention the most important projects in crypto well these projects.. decentralized ai systems and ubi that works hand and hand with that because you sitll need a solution what to do with all the displaced workers and its not just about displacement ubi is needed for other reasons in our technological future. We got to see some of that with covid 19. Unless as it seemed far right people were fine with people just dying out and continuing on they used no scientic reasoning in many of their statements but they use science conveniently when they wish.. Then they believe the doctors and scientist but as long as something works against their agenda then its a conspiracy so they aren't very consistent.

However this first wave of crypto people i'm going to call them that because a 10 year old system is very young and new to systems that have existed now over 4000 years. So this first wave of crypto people aren't consciously even aware of what to do with the tech so we have to go through another crypto age to get those people.. These people don't even understand why decentralized ai is needed and if they did they'd push for the projects in crypto that cover that .. They wouldn't be selecting these trivial like projects that only enforce the idea that we don't have any demonstrable significnt use cases in crypto. Most of the world is still walking around saying crypto has no use for them other than can i gamble and get rich like a penny stock or something. Most of the world can't even fathom or see what the space is talking about and again the space is propping up and selecting nft and defi like projects. .the problem with nft like ideas is most of the time they only benefit the creator of the nft and they have no real value. So what happens they don't work like velocity of money where you can move on and create more dollars they just are these bubble like bottomless pits and this is what crypto spends it time on.

We lack the mental aptitude to even understand this. If we do understand it its even worse it means we understand and we still are doing trivial nonsense. if we can't understand something as basic as the importance of decentralized ai and the importance of if you don't wanna call it ubi.. or basic income or guaranteed income. Call it a dividend its no different than if the system does tax all the land and all these corporate controlled robotic systems like Amazon that paid no taxes and is seemingly going to soon have a full robot workforce and army.. You can look at Amazon and driverless cars and drones.. and online transactions and see that is a model where absolutely there is no reason to have humans doing that in 5 or 10 years.. So why do they feel its a good idea not to tax Amazon. See this kinda mental illness we have in this space and out of this space is a huge problem.

The fact you seem like the only person in this entire community that speaks on it is a problem. Most people dismiss this as just a short read or somethign to do .. after that it means nothing they back to worried about coin pumps lol..

you have a guy in your thread saying the " earth is flat" if thats enough evidence for you. projects like my project and Singularity.net shoudl be number 1 on the crypto rankings..I doubt you can even find one in the top 100. it is sad and the silence is deafening from the community. We are idiots is what i think lol.

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There is always going to be a danger that a handful of companies will be dominant and will become even more powerful. I hate the idea of having these massive corporate giants leading the world in one direction as it suits them more. Hopefully everyone can wake up and see that whatever the right path taken has to be an all inclusive one and maybe that is tokenization.

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It is often hard to imagine a system owned by all. in our current time the power gap is significant to the point it seems almost impossible to check up. Those with the resources are invested in these technologies that would soon transform the world. The race seems to be between the government and the tech companies in my opinion. I believe in the end the people would decide where their loyalty lies. It's either with the government or the cooperation. My hope is as this battle gets fierce avenues are created for the average to gain ownership in these systems that are been built and they are decentralised further away from any center entity

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