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As artificial intelligence continues to automate jobs across industries, society faces mass unemployment in a system still dependent on wage labor.
Taxation is a Negative Solution
Some have pushed a tax on AI. But this is silly as it reduces profits when the whole reason for AI was to reduce cost and increase profits.
The impracticality of such taxes is similar to:
- carbon credits wherein polluters are taxed
- Pikett’y global wealth tax to reduce inequality which was never implemented
Such money-taxes go against the moneymakers and so are not implemented or are implemented ineffectively.
Moneyless Solution
Since the whole cause of the unemployment was the profit maximization motive in the money system, the best solution is a moneyless one, as a barter credit system.
Barter credits use points based on the retail price of rice as the store of value and paper cards or apps as the tool of trade.
This allows people to employ each other by exchanging their labor, goods, or other assets.
This puts food on the table regardless on economic situation.
Competing with Corporate Capitalism
Critics might argue that barter systems are too small-scale to matter. Yet history shows otherwise: during Argentina’s 2001 economic crisis, barter clubs sustained millions of people when the peso collapsed.
Today, digital platforms make coordination easier than ever. Blockchain technology can ensure transparent, tamper-proof credit tracking, while mobile apps enable seamless matching of supply and demand.
The competitive advantage lies in lower overhead.
Without profit margins, shareholder demands, or executive compensation, barter networks can offer services at a fraction of corporate prices. This efficiency attracts cost-conscious consumers and ethical businesses alike. Moreover, because participants are both producers and consumers, wealth circulates locally rather than being extracted by distant shareholders.
A Future Worth Building
AI-driven unemployment doesn’t have to mean societal collapse. By embracing barter credit systems, we can transform displacement into opportunity. The unemployed become entrepreneurs, communities become self-reliant, and economic power shifts from corporations to people.
This isn’t about destroying the money economy—it’s about creating choice. As parallel systems grow, they pressure traditional markets to become more equitable while providing a safety net for those left behind. In doing so, we build not just economic resilience, but social solidarity.
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