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Comment on “What Have We Done?”: Silicon Valley Engineers Fear They've Created a Monster

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I believe that one thing that will happen is that we will see distributed technologies take off and they will break the marketholds of some of these massive technopolies like Uber or Amazon etc. That will not stop the commoditization of labor however or prevent those jobs from being completely replaced by robots.

I think we will need to infuse these distributed technologies into our institutions in order to create a society that works with them. For example, we need distributed databases that can give real numbers for resource availability if we are going to be able to ensure that everyone has their minimum needs met if we can't rely on wages to be adequate anymore. AIs keep getting more powerful so this isn't going to just affect an underclass. On the other hand if we have accurate resource numbers and efficient use of them then maybe we can find a way to adjust wages and perhaps even add many more jobs by finding new ways to leverage AI and automation in symbiotic ways.

To me brain computer interfaces are actually going to be critical in terms of ensuring that humans stay relevant and.. useful to other humans. It doesn't make sense to just stop all development of technology and forfeit all of the benefits. We need to adjust.

I believe that one thing that will happen is that we will see distributed technologies take off and they will break the marketholds of some of these massive technopolies like Uber or Amazon etc.

Seem very unlikely. People have been saying that forever, but it is only getting less likely. For instance the Internet is probably the worst it has ever been for distributed technologies. Probably only a major reorganization would change that. Which isn't likely to happen with all the companies relying on centralization becoming increasingly influential, if not dominant. Even society is probably worse than it has been for at least a few decades for creating something outside of the norm. Large tech is the new big oil or whatever.

It is very unlikely in the immediate present as those companies are very entrenched, that is true. But I think that with the momentum and popularity Ethereum has, with the new sharding and scaling capabilities they are working on, it will probably become extremely widely used. Ethereum and or other related technologies. It will be a total paradigm shift, but that is actually a normal aspect of technological evolution. It is speculation, but time will tell.

Time will tell but i strongly doubt blockchain will have a huge impact on real market events and technologies.

Cost-reducing technologies build, rather than break, monopolies.

I'd long thought otherwise. I've come to admit my error.

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