“Corporations are People, my friend”
– and they might be slowing down evolution, or even preventing Utopia.
The approaching Technological Singularity could bring drastic changes, such as rendering money obsolete via the destruction of scarcity-based ‘value’ systems. The time is not far-off when nano-replication of gold, diamond or other previously precious materials becomes possible, rendering most economic systems obsolete.
It is clear that legacy-age institutional forces will naturally fight for their survival and relevance. How hard will they fight and can they be influenced to be less resistant?
Human beings are confused and confusing creatures. We don’t have very clear goal systems, and are quite willing and able to adapt our top-level goals to the circumstances. I have little doubt that most humans will go with the flow as Singularity approaches.
But corporations are a different matter. Corporations are entities/organisms unto themselves these days, with wills and cognitive structures quite distinct from the people that comprise them. Public corporations have much clearer goal systems than humans: to maximize shareholder value.
And rather clearly, a Singularity is not a good way to maximize shareholder value. It introduces way too much uncertainty. Abolishing money and scarcity is not a good route to maximizing shareholder value — and nor is abolishing shareholders via uploading them into radical transhuman forms!
Read on at KURZWEILAI