This technology existing would essentially be the end of all knowledge-sector jobs, instantly. It eliminates the value of your time, which means the labor market would almost definitely use it to pay wages VASTLY below minimum wage-per-perceived hour. People would take that bargain. You only have to work ONE day a week and we pay you a million dollars a year! …that one day a week will be time chambered up to 15 years, though.
Why pay one ace coder a bigshot salary when you can pay a whole village in the developing world to spend as much time as the problem could possibly need the same price and they’ll still finish by Thursday?
The economic ramifications are just beyond my fathoming, but I know it cannot possibly work in a society which has any kind of resource scarcity.
This technology existing would essentially be the end of all knowledge-sector jobs, instantly. It eliminates the value of your time, which means the labor market would almost definitely use it to pay wages VASTLY below minimum wage-per-perceived hour. People would take that bargain. You only have to work ONE day a week and we pay you a million dollars a year! …that one day a week will be time chambered up to 15 years, though.
Why pay one ace coder a bigshot salary when you can pay a whole village in the developing world to spend as much time as the problem could possibly need the same price and they’ll still finish by Thursday?
The economic ramifications are just beyond my fathoming, but I know it cannot possibly work in a society which has any kind of resource scarcity.
if you haven’t seen it, I think you might like the animated series Pantheon.
Your comment made me think of it, very much.