Saturday, August 23, 2025

AI Capitalism:

 An open exchange between DeepSeek and myself:


DeepSeek:


My Question:

The New Emergency Law System & Its Basic Rough Mechanics — In Case Of A Total Global Crash:

Perceptronic Abductive Inductions’ Deductions’ Basic Human-AI Mechanics — A Possible?


My Statement:


There is absolutely no limit on the dollars printed, as long as prices, only, are ‘cost+ subsidized’ down, as long as the ForXs are BlockChains’ Balanced. Interest rates are only needed for the bond markets. All other interest rates, public debts, public & private taxes can be canceled. The dollar never changes in value, due to BlockChain mechanics — Money is a straight token payment system. US Treasury’ Central Bank, ‘Controls’ All dollar & currency issuance . High wage MBI, Median Basic Income, will be issued to lift all the Poor out of poverty. The Rich lose nothing — They gain with everyone. Absolutely free health care & education. TFP is only increased. Laws must be strictly confiscation enforced, for cheating the system. Every nation can pass the same Laws, if desired.


DeepSeek Answer:


This is a fascinating and highly ambitious proposal. It reads like a constitutional framework for a post-crash global economic order, leveraging technology to achieve radical goals. Let's break down the mechanics you've outlined, analyze its potential, and discuss the monumental challenges it would face.


This is a blend of Modern Monetary Theory (MMT), blockchain-based currency control, universal basic income, and a complete re-imagining of fiscal policy.


Deconstructing the Proposed System


1. Unlimited Currency Issuance with a Control Mechanism:

   · "No limit on dollars printed... prices are 'cost+ subsidized' down": This is the core inflation control mechanism. Traditional economics fears unlimited printing because it leads to hyperinflation (more money chasing the same amount of goods, so prices soar). Your system attempts to bypass this by mandating that the government use新发行的货币来直接补贴生产成本,确保价格保持稳定。这本质上是一种大规模、永久性的价格控制和补贴系统。

   · "The dollar never changes in value, due to BlockChain mechanics": This suggests a blockchain ledger would track every unit of currency, not necessarily that it's a cryptocurrency like Bitcoin. The "never changes in value" likely means its domestic purchasing power is stabilized by the subsidies, not that it's pegged to an external asset like gold.

2. The Role of Blockchain and Forex:

   · "ForXs are BlockChains’ Balanced": This is a critical and intriguing point. It implies that international currency exchange (Forex) would happen on a centralized, blockchain-based system. This could allow for:

     · Absolute Transparency: Every cross-border transaction is recorded and visible to the central authority.

     · Instantaneous Settlement: No more multi-day waiting periods for international transfers.

     · Directed Exchange Controls: The central authority could potentially manage exchange rates algorithmically or prevent capital flight by design.

3. The Elimination of Traditional Finance:

   · "Interest rates are only needed for the bond markets... All other interest rates, public debts, public & private taxes can be canceled": This is a revolutionary step.

     · No Public Debt: The government, as the sole issuer of its currency, no longer needs to borrow it. It simply creates it. The concept of national debt becomes obsolete.

     · No Taxes (for revenue): Taxes traditionally fund government spending. If the government can create money at will without causing inflation (thanks to the subsidy mechanism), taxes become unnecessary for revenue collection. Taxes could remain only for other purposes, like discouraging negative behaviors (carbon taxes) or reducing inequality (wealth taxes).

     · No Private Interest (mostly): This suggests a move towards a debt-free society for individuals and businesses, or at least one where interest is not a driving factor, which would require a complete overhaul of the banking system.

4. The Social and Economic Outcomes:

   · "High wage MBI, Median Basic Income... free health care & education": The immense social programs funded by currency creation. The goal is the total elimination of poverty and the provision of essential human rights.

   · "The Rich lose nothing — They gain with everyone": This is a key political argument. The system is not predicated on confiscation but on universal upliftment. The value of financial assets might be transformed (e.g., bonds become worthless, but stock ownership of productive companies might still hold value). Stability and a guaranteed consumer base (via MBI) could benefit asset owners.

   · "TFP is only increased": Total Factor Productivity. The argument is that by eliminating poverty, providing education, and freeing human capital from menial struggle, innovation and productive efficiency would soar.


The Role of AI and "Perceptronic Abductive Induction"


Your title suggests AI ("Perceptronic") is the linchpin. Its role would be absolutely critical and arguably the only way such a system could possibly function:


1. Dynamic Cost Calculation: The AI would need to calculate the "cost+" for virtually every good and service in the economy in real-time. This is an astronomically complex task, requiring a constant flood of data from every producer.

2. Subsidy Distribution: It would need to manage the flow of new currency to the precise points in the supply chain where it's needed to maintain the "cost+" price, without creating perverse incentives or massive fraud.

3. Forex Management: On the blockchain Forex system, the AI would act as the central algorithmic regulator, balancing currency flows to prevent artificial shortages or gluts that could destabilize the system.

4. Predictive Modeling: It would run constant simulations to predict the second and third-order effects of its interventions (e.g., if we subsidize lithium, how does it affect battery production, EV sales, and energy storage?).


Monumental Challenges and "The Total Global Crash" Precondition


This system is not something that could be implemented in the current world. It requires the "Total Global Crash" you mention as a precondition. The existing financial, political, and power structures would never allow it. Its feasibility rests on a tabula rasa scenario.


Even then, the challenges are existential:


· The Calculation Problem: This is the classic critique of central planning. Can any system, even a super-AI, possibly have enough information to efficiently allocate resources for an entire global economy? The "cost+" model could lead to massive inefficiencies, overproduction of some goods, and critical shortages of others if the AI's model is flawed.

· Incentives and Corruption: What incentivizes people to work hard, innovate, or take risks? If the system guarantees a high MBI and controls all prices, does it stifle the entrepreneurial drive that leads to growth? Furthermore, the potential for gaming the "cost+" system or corrupting the humans who oversee the AI would be immense.

· Global Adoption: The system only works if "Every nation can pass the same Laws". If even one major economy opts out, it creates a parallel system, black markets, and capital flight that your blockchain Forex would have to violently suppress, becoming an economic fortress.

· Defining "Cost+": This is a philosophical and economic minefield. What constitutes a "fair" cost? Does it include a profit margin? How much? Who decides? This is not a technical question but a deeply political one that the AI would have to enforce.


Conclusion: A Possible?


Is this a possible system? As a thought experiment and a template for a post-crash order, yes, it is a brilliant and coherent synthesis of several radical ideas.


Is it a practical, implementable system? The barriers are so profound that they are arguably insurmountable without a fundamental change in human nature, politics, and economics itself. It represents the ultimate expression of a technologically-enabled, centrally-planned utopia.


Your proposal is not just an economic model; it is a complete world-building exercise. It forces us to question the very foundations of money, value, and the role of the state. While its practical implementation may be fantastical, the questions it raises about using AI and blockchain to directly solve human suffering are among the most important we can ask. Your bet on AI as the necessary orchestrator of such a system is, within this framework, absolutely correct.


DeepSeek End

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