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Daniel Schmachtenberger: Ai Risks & The Metacrisis
Theories of Everything with Curt Jaimungal
The Importance of a Pure Market System
If we just had a pure market system, the reason why there wasn't just a pure kind of laissez-faire system is an impure type market dynamic. As you were mentioning with AI, some people are way better at than other people. And as a result, we'll just end up getting a lot more money that they can convert to more land resources, employees, etc. So how do we make that not happen? Well, since we know that the market is going to kind of naturally do that, let's create a state that is more powerful than any market actor.
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