"Disruption" by the use of digital network technology undermines the very idea of markets and capitalism. Instead of economics being about a bunch of players with unique positions in a market, we devolve toward a small number of spying operations in omniscient positions, which means that eventually…
This is documented in Martin Ford's book The Lights in the Tunnel (2009). He sees jobs going away, and proposes that people in the future be paid only for consuming wisely, since they eventually won't be needed for producing anything. I find that idea inadequately human-centric and overly dismal,…
[...] a Siren Server might allow only those who would be cheap to insure through doorway (to become insured) in order to make a supernaturally ideal, low-risk insurance company. Such a scheme would let high-risk people pass one way, and low-risk ones pass the other way, in order to implement a pho…