Re: the economics of transition to nanotech

From: Eliezer S. Yudkowsky (
Date: Mon Jan 10 2000 - 10:34:00 MST

It should be "the economics of transition to ultraproductivity".

What worries me is the concentration of power. Concentration of power
is never a good thing. It's never a good thing even if you've got the
power, because then someone else will take it away and use it against you.

It's the basic flaw in the capitalist game - it works great as long as
people keep playing, but if one person wins, you wind up with a stable
dictatorship. Unless someone violates the libertarian rules, of course.

I think it may be an error to consider anything except the very early
stages from an economic perspective.

           Eliezer S. Yudkowsky
Typing in Dvorak         Programming with Patterns  Writing in Gender-neutral
Voting for Libertarians  Heading for Singularity    There Is A Better Way

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