An end to poverty?

[SpontaneousOrder]

Apparently nothing BP - the highest intellects on CUK have deemed we are all doomed to continue under 'trickle down economics'

Let them eat cake!

Are you comparing pocket sized supercomputers & a car in every home to cake?

[SpontaneousOrder]

TVP is based on the current state being without scarcity.

What's your solution to ending poverty then?

Any solution of mine wouldn't involve magic.

We don't currently live in a world without scarcity. We currently don't have the technology to live in a world where scarcity is relatively negligible.

If this wasn't the case, you could implement TVP yourself right now.

[AtW]

Jog On - how would your computer decide who gets a nice detached house in a leafy safe area of London with great schools, and who gets a bedsit in Birmingham?

Inquiring minds want to know

[SpontaneousOrder]

Jog On - how would your computer decide who gets a nice detached house in a leafy safe area of London with great schools, and who gets a bedsit in Birmingham?

Inquiring minds want to know

And how does it decide whether your job is to waitress or give out hand jobs?

[Jog On]

Jog On - how would your computer decide who gets a nice detached house in a leafy safe area of London with great schools, and who gets a bedsit in Birmingham?

Inquiring minds want to know

And how does it decide whether your job is to waitress or give out hand jobs?

You'd have to ask it

It won't happen anyway so there's no point trying to come up with ways to end poverty - it's a dead end, on here anyway...

[meridian]

And how does it decide whether your job is to waitress or give out hand jobs?

The computer will decide. Delivery Boy, Spaceship Captain, Bureaucrat, etc

[AtW]

It won't happen anyway so there's no point trying to come up with ways to end poverty - it's a dead end, on here anyway...

Oh don't give up so easily...

[SpontaneousOrder]

You'd have to ask it

It won't happen anyway so there's no point trying to come up with ways to end poverty - it's a dead end, on here anyway...

Ending poverty is easy. Stop supporting the use of legalised violent force against peaceful people. Poverty gone within a few decades.

[TykeMerc]

Ending poverty is easy.

[Zero Liability]

Why would determining the need be an issue? If the algorithm knew the optimal levels of resource requirements in the different regions could it not just chug away in the background maintaining said levels?

Because you are vastly simplifying the concept of "need". Even very basic wants, like food, shelter, sanitation etc. are deliverable to varying costs, levels of quality and at various timescales, all of which requires the coordination of scarce capital goods, and requires this program (more accurately, the planner who is responsible for it) to supplant its own judgements with those for whom it is planning; I think you can extrapolate from this what I am getting at. So "if the algorithm knew"... resolves to "if the planner knew...", which has changed nothing and still leaves the "planner" mired in the dark, because it assumes away the problem. I've also noticed there is an insistence by some TVP types that scarcity is a thing of the past. Scarcity is dealt with and hidden in the background in an economy where capital can be efficiently allocated with a price system in consumer and capital goods, but if that capital structure is disrupted scarcity rapidly reasserts itself into the open. Hence why ZIRP and associated forms of madness are capable of inflicting so much damage on economies.

I get that there is the concept of goods/services above basic levels of survival that would need to be addressed. Especially for those of us who'd like a nice big house by the beach with 2 spaceships parked on the roof...

It's pretty straightforward to get everyone down to a basic level of subsistence and then return to living in caves a few years later, after the capital structure is entirely gutted. That doesn't take a genius. In fact, you don't even need super-computers, you could just go live in agrarian communities like those of the Amish.

I do think we are going to see some significant changes in the future, in terms of digital currencies (of the BTC type, not the current $ scam) and 3D printing altering the very structures of industries, but none of them involve the disappearance of money, or are even feasible without it.