The Automaton Economy (Part 3): The Hybrid Economic Engine
Building on the foundational principles from Part 2, this article details the operational core of the Automaton Economy. I propose a resilient, three-layered hybrid model. The foundational layer is a Resource-Based Economy that uses AI to provide all necessities for free. The social layer is a digital gift economy where reputation, not money, is the currency for creative and intellectual work. The final layer is a dynamic market of worker-owned cooperatives for innovation. This is the engine of a post-scarcity world.
The Automaton Economy (Part 1): The Inevitable Obsolescence of Capitalism
This article launches a new series, The Automaton Economy, which confronts the most critical question of our time: What happens when AI makes mass human labor obsolete? We begin by diagnosing the terminal illness of our current economic system. I argue that AI automation creates a fatal paradox of production without consumption, leading to a systemic death spiral. This post deconstructs the inadequacy of patchwork solutions like Universal Basic Income (UBI) and establishes the urgent need to architect a new socio-economic model built for an age of intelligent machines.