In the past, Western economies transitioned from manufacturing to service economies.I posit that the service economies have to a large degree given way to image/illusion based economies, in which the objective is to create the illusion of value, using marketing and other forms of manipulation in order to max out valuations with the objective to sell to the next sucker(s).Thoughts?
You are right. You miss a certain key point tho: violence. Back in the days if you coasted too much on bullshit, you got invaded by hungry lean neighbours and destroyed. Nukes / advanced violence have removed that problem. So we can degenerate to the point of extinction through lack of breeding because of laziness, something the ancients didn't even theorize.
>>61571431This sounds a lot like forest mismanagement where they prevent any small fire from clearing out the accumulating fuel. At some point, you end up with unstoppable mega-fires.
>>61571422that's a fair assessment, and I think the reason is thus: zombie companies are propped up by the government, which due to corruption and incompetence has no effective means to analyze its own financial decisions, which opens enormous arbitrage opportunities for people to just vibe their way into receiving investment dollars, and because scams pump, investors don't care that it's fake either. Total dysfunction.
I disagree, I think we’re just a data economy. Having full information allows you not only to force multiply your manpower thousands of times, whether that is in production or services, it also allows you to strategize and position yourself for success and your enemies for failure without a single conflict, the ultimate form of soft power.
>>61571422Yeah, its pretty obvious the west runs on scams and hype bullshit.AI is the latest incarnation of that.
>>61571431ancient rome seemed unstoppable too, until it destroyed itself from the inside through corruption.