Comment Tonight's Word: pwned (Score 2) 628
An economy is a mechanism for regulating human (so far) behavior. If you're an economist, an economy is a means of regulating production and consumption, usually with a goal of achieving some kind of balance. But a computer scientist might view the mechanism itself as a (usually) distributed algorithm. The salient points are how data enters the system and how it gets processed as it moves through the system. Capitalism, for example, uses a distributed data structure we call "prices" to represent the state of supply vs. demand. Because the data is distributed, all the familiar problems of concurrent, distributed systems have to be addressed in some way.
However, just as software is typically built in layers, from firmware, to operating systems, to frameworks, to applications, once you have an economy, it is irresistible to build more complexity on top of it. So we use our economy to regulate human behavior in ways other than production and consumption, through the use of taxes, fines, and additional rules on what can be bought and sold, and who can work at what jobs.
The goal, as always, is to control human behavior. There are a few things that set humans apart from other species, but one of most under-recognized is our instinct to control things, including other humans. This is built into our DNA and is surely a big factor in our successful proliferation as a species. And it is something that the coming of the machine age will not change over anything less than evolutionary time scales, unless human nature itself is re-engineered.
But what does change as information and telecommunication technologies advance is the rate at which a system like an economy can process data, and the scale at which it can do it. The global economy is already almost completely integrated, and is becoming increasingly tightly coupled. And yet, humans are unceasing in their desire to control it, and to use it to control other humans.
What happens to people who can't find jobs? Some people say a basic income is the solution. But: pwned by the government. What is already happening? People living on credit cards. But: pwned by the banks. People going to school to qualify for better jobs. But: pwned by student loan debt. Is it even possible to have a society where most people aren't pwned? Could being pwned by a machine be any worse?
And that's tonight's word.
(You will be missed, sir.)