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Dec 3, 2023Liked by Alejandro Piad Morffis

Beautiful work here, Alejandro. This is well thought out, and I agree that these are the types of risks we really ought to be thinking about. Every time I wanted to bring something to your attention, you covered it later in the piece. Well done!

One thing I'll add, just some food for thought: I think of the money flowing through the US as the bloodstream of capitalism, and maybe the central bank is the beating heart. They money has to flow throughout, or oxygen won't be delivered (economic power). UBI begins the process at the bottom, and while I understand the argument against innovation due to just giving folks enough so that they don't starve or become homeless, I'd argue that we would have a net gain in innovation and entrepreneurship, largely because there is an entire class of tens of millions of people who can't think about anything other than paying for rent and such right now. Given some stability, I would presume that some percentage of these folks would then become innovators, inventors, and entrepreneurs in meaningful ways they might not otherwise be able to do.

There's a great deal more to be said about this, but I just wanted to share a little bit about how I perceive economics: what I think at first is almost always too simplistic, and complexity and nuance is often buried under the surface, waiting to be uncovered (for me, this means reading a TON and listening to an awful lot of books over the last decade or so).

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Dec 5, 2023Liked by Alejandro Piad Morffis

There's also the risk, captured in WALL-E, of a slow decay into sloth through the use of AI and enabling technologies.

And to double down on your point about Autonomous Weapons. The Clone Wars in Star Wars highlights that Palpatine was able to manipulate becasue both forces he controled (The Republic Clones and the Separatist Droid Armies) were manufactured for that purpose. For all the combatants who died, only money was lost. No one on either side had skin in the game as so Palpatine could manipulate his way to power.

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