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kibiz0r @midwest.social
Posts 2
Comments 569
Since America is bringing back kings what other kind of stuff is on your medieval wishlist?
  • Added some links to my original comment.

    It's not instead of central currency, but in addition to it.

    The advantage is that businesses can transact with less conventional liquidity so they don't have to rely on bank loans. This allows them to charge less to customers who use the local currency.

    In the long term, this makes money [in general -- both kinds] move slightly faster within the local market, which makes the money [both kinds] more valuable [within the community]. And since the money [again, both kinds] is staying in the local market, the community's wealth is less likely to be drained by external speculators.

  • Since America is bringing back kings what other kind of stuff is on your medieval wishlist?
  • I think Rushkoff's notion was that new local currencies would be in addition to central currency. It just allows businesses to give a discount to transactions that will keep the wealth inside the community.

    It's a neat idea, I just don't know how you would protect it from financial services turning it into yet another abstract tradable asset that undermines the original purpose.

  • Since America is bringing back kings what other kind of stuff is on your medieval wishlist?
  • Doug Rushkoff had a talk where he called out local currency as a thing he’d like to bring back from the medieval.

    Exclusive to the community, and only valid for a short period of time, so you can’t hoard it or siphon the wealth to another community.

    Edit:

    Found a blog post about it: https://archive.rushkoff.com/articles/local-money.html

    It doesn't say anything about it being temporary, although he does mention that in his talk here: https://www.youtube.com/watch?v=rRWzOdUiqQE

  • It's not all that broad. And I look forward to their indignance.
  • I don't fault him at all. If you're in the entertainment industry (and want to stay in it), a Twitter presence is pretty much required. Online posting isn't just a hobby, it's part of your job, and Twitter is where the audience is.

  • Not since Apple Vs. Epic...
  • It’s not that hard.

    Fuck the RIAA: The artists should hold the rights to their music, not the publishers.

    Fuck AI: The rights-holders (which ought to be the artists) should be able to distribute their work without fear that a bot will be allowed to use it to compete against them.

    I just don’t see a healthy creative culture where you don’t push both buttons.

  • Microsoft’s AI boss thinks it’s perfectly OK to steal content if it’s on the open web
  • Pirating Windows for your own personal, private use, which will never directly make you a single dollar: HIGHLY ILLEGAL

    Scraping your creative works so they can make billions by selling automated processes that compete against your work: Perfectly fine and normal!

  • Shopping app Temu is “dangerous malware,” spying on your texts, lawsuit claims
  • Comments here: “Yeah right, I’ll believe it when they explain how.”

    Article: literally has a section explaining how

    Edit:

    Replies: "Yeah, but that's just a summary. I'll believe it when they explain in full detail."

    Article: literally has a link to the detailed explanation

  • Technology @midwest.social kibiz0r @midwest.social

    To Stop AI Killing Us All, First Regulate Deepfakes, Says Researcher Connor Leahy

    time.com Researcher: To Stop AI Killing Us, First Regulate Deepfakes

    AI researcher Connor Leahy says regulating deepfakes is the first step to avert AI wiping out humanity

    Researcher: To Stop AI Killing Us, First Regulate Deepfakes

    cross-posted from: https://lemmy.world/post/10961870

    > To Stop AI Killing Us All, First Regulate Deepfakes, Says Researcher Connor Leahy::AI researcher Connor Leahy says regulating deepfakes is the first step to avert AI wiping out humanity

    4