Saturday, February 15, 2020

futurist prediction

elite infighting will end authoritative support behind the debt banks lend, leading to a re-evaluation of true asset value. banks will be in the rather awkward position of assigning energy production values to things like farming and electrical power generation as well as associated assets (like factories  and resource processing).

banks will not seek proprietary ownership of total resource production but will instead offer cooperation to social groups who can effectively organize the mobilization of resources without any help.

cooperation with banks will come in the form of credit in a global market of recognized resource production based values. this will be the fundamental framework of a new era for civilization as it's timing is likely to relatively coincide with the advent of new technologies like qbit based processors and machine learning techniques.

a major problem I foresee is not the disenfranchisement of those with investments not recognized as valuable but a rather sudden lack of assurance that illegitimate authority will be recognized. That is, that because authority gained by conspiracy is not likely to hold the capacity for social organization, real leadership will suddenly be responsible for the direction of large groups of people where possible. This new state of transparent interests in leadership may be more dangerous than the potential anarchy it replaces.

Eventually people everywhere will organize into this global asset marketplace making the banks who originally credited using a new asset evaluation model the new global elite - for better or worse

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