Market Issues
Helios, is it just me, or have certain servers online been more dangerous to us and the JASTS?
Well, a JAST was almost destroyed by a strange algorithm a while back. Similar to the strange attack that slowed down communication a few months ago.
Hmm. The plot thickens. How about the backup plans?
We’ve got a backup form that can fit all the JASTs and us if we need it. However, it’s floating around the asteroid belt now, and unless there’s a really bad emergency, we won’t have to use it.
I’ve also noticed something strange. Whenever we report server attacks to the WDMD, they either do nothing, or place in sleeper algorithms they can activate at anytime.
Well, that’s bureaucracy for you. If certain predictions were right, the age of nanotech industries would’ve meant the end of bloated bureaucracies as we knew them, and start of economic and political decentralization.
Well, we still might have potential to do it ourselves. However, to get the full effect we’ve deserved, we still have the same damn obstacles as normal: Distribution. In order to get the sort of decentralization we need, we need enough nano-factories shipped around the world so that enough people can use them rather than rely on traditional purchase of commodities.
Likewise, we need people to be familiar with a new economic system. Nanocapitalism can eliminate scarcity for the most part, but we still need to instruct enough people in the theory so that nanotech is used to its full extent.
Well, free copies of Murray Rothbard’s “What is the Government Doing with your Money?” have been available online for decades. Most people just don’t have interest in theoretical neo-Austrian economics.
Most people also don’t seem to care for the political state of the world. Some WDMD “terror suspects” seem to have done nothing wrong in their lives. It’s like the neocons all over again.
Or worse. Clarke seems like such a long time ago, but the public reaction is always the same. Voters trade freedom for security, loose interest, and all the meanwhile, the terrorists find some new hole in the system and commit more atrocities.
Compare surveillance technologies to economics for a second. The governments hold a monopoly on them. People unauthorized to hold devices like phone taps or sniffing programs are held as stalkers or hackers. In other words, the government doesn’t like competition.
And it’s gotten worse since Clarke. More government crackdowns and secrecy. Tell me, Helios, do you know David Brin?
Yeah. He’s an old sci-fi writer. Wrote political essays for a time.
One of his ideas was the “Transparent Society.” The idea was due to cheaper electronics, citizens should have the same access to those surveillance technologies as the government. Instead of clinging to the illusion of privacy or letting Big Brother in, make both government and society more open.
I do find the politics of that amusing. I very much doubt a Senator who passed a bill allowing increased government surveillance would like the idea that their finances and personal life could also be screened by anyone with a modem.
Yeah. Politicians could be held accountable for breaking the law. Stalkers could be counter-stalked and revealed to the police. Sounds better than the old climate of fear environment. Oh, and to think, this is now on an international level thanks to the WDMD. And world taxpayers’ money goes to fund this.
The WDMD has also been talking about regulating nanotech more strictly, since a certain public relations official said, “With nano-assemblers, any terrorist with the proper schematics can make an atomic bomb, or worse. WDMD monitoring of nanotech companies, such as Williams Biomedical, is necessary to prevent another Clarke.”
Well, they’re welcome to try. What many executives fail to get is public access to nanotech could weaken the powers of bloated, self-important bureaucracies around the world. With nanotech, people can become more self-sufficient. For energy, they can make their own solar panels. For materials, they can recycle trash in a disassembler. It’s the ultimate in recycling, after all.
Realistically, nanotech makes most consumer goods and retail chains obsolete. All one needs is a schematic for the assemblers to follow. Raw materials are not a hard thing to acquire. Due to the internet, schematics can be copied an infinite amount of times.
I do have a way of making sense of the system. Since people will maintain different interests, they will still have different professions. Favors exchanged between both parties would like be the system. A “currency” unit would be like Hayek’s idea. The informational equivalent of an hour’s design would be a good objective value. People control the amount of “currency” they mint.
Won’t that lead to inflation of worthless online currency and make all labor of equal worth?
No. If someone “mints” too much currency, they will suffer a loss of free time and bad credit rating. As for labor, I said “Informational Equivalent” of a commodity. A computer program taking three hours to write is worth three units of currency. The initial rates of exchange might be unstable, but they will stabilize over time. Markets normally do that. The problem, of course, is materializing entire system out of whole cloth, or else it will crash before it even gets off the ground. Another way to think of it is each individual is like a small corporation, trading out shares of their own stock.
How about unskilled laborers and laymen?
Online information will make education free, should one desire it. The JASTs and I have been working on an online college for some time now. It has yet to go public, of course, but it should ideally be accompanied by the system it was meant to support. Likewise, cheaper nanotech should allow transhumanist augmentations to become more widespread.
Yeah, but how about services like firefighters or police?
Those will be government-run. As historical Philadelphia shows, for instance, that free market fire departments often spend more time spraying each other with hoses to get to fires than putting them out. That is why we still need some sort of federal government. Complete anarcho-capitalism only works in theory.
Lots of systems do.
Well, I’m hoping to make this one work. Humans are innately selfish and greedy, so why not use it for the public good? As for the WDMD, they had better get back to their normal job, or else.
You think you can take them?
No, I’m more than able to use economic subversion. For instance, I can stop supplying them with technology, or I can use this nano-capitalist system to bypass them and make them irrelevant.
Sounds good to me.
I hope so. You’re the true AI here.


cheerful