Just another conspiracy theory, right!
In reply to Post #1
Is that like Brit coin?
Is that like Brit coin?
In reply to Post #1
Where's the conspiracy?
You have to be prepared for the future world when only a small fraction of the population actually "work" and therefore get paid for their time/expertise.
A country backed digital currency will be necessary to provide universal income for the rest.
It was always said Google was the beginning of the end of value for human intelligence, now with AI that's the end of intelligence/qualifications paid white collar jobs. The rest of our traditional jobs will follow shortly after.
If you've kids thinking of university, pick your subject very carefully
Where's the conspiracy?
You have to be prepared for the future world when only a small fraction of the population actually "work" and therefore get paid for their time/expertise.
A country backed digital currency will be necessary to provide universal income for the rest.
It was always said Google was the beginning of the end of value for human intelligence, now with AI that's the end of intelligence/qualifications paid white collar jobs. The rest of our traditional jobs will follow shortly after.
If you've kids thinking of university, pick your subject very carefully
In reply to Post #1
Digital money already exists, im not talking about Bitcoin etc.
You may not be fully intergrated or a 100% user but i can guarantee you are already on the road to being without even realising it or realising the possible danger it poses.
Digital money already exists, im not talking about Bitcoin etc.
You may not be fully intergrated or a 100% user but i can guarantee you are already on the road to being without even realising it or realising the possible danger it poses.
https://ukfinancialservicesinsights.deloitte.com/post/102i7ji/the-digital-pound-one-step-at-a-time
No thanks!
No thanks!
In reply to Post #3
A combined honours in aluminium manufacturing and headwear design?
There's money to be made / downloaded there...
A combined honours in aluminium manufacturing and headwear design?
There's money to be made / downloaded there...
In reply to Post #5
How many people on here go from pay day to pay day without using a single bank note or coin ? I do most months, my income and outgoings only exists in a digital on line format.
How many people on here go from pay day to pay day without using a single bank note or coin ? I do most months, my income and outgoings only exists in a digital on line format.
In reply to Post #6
🤣. Raw materials will be a major factor hence self sufficiency in generation of power and storage is critical for universal income. The tinfoils are behind the curve on this one mate. They're still struggling with information paradox.
#7 not for you this one Top Gun you're too narrow minded.
🤣. Raw materials will be a major factor hence self sufficiency in generation of power and storage is critical for universal income. The tinfoils are behind the curve on this one mate. They're still struggling with information paradox.
#7 not for you this one Top Gun you're too narrow minded.
In reply to Post #8
Narrow minded🤣🤣🤣
Yep you two carry on, just makes me realise how lucky I've been in life listening to you two🤣🤣
Does your case worker know you have access to the Internet?
Narrow minded🤣🤣🤣
Yep you two carry on, just makes me realise how lucky I've been in life listening to you two🤣🤣
Does your case worker know you have access to the Internet?
In reply to Post #9
Point proven. You haven't a Scooby what the difference is between what we use now and the OP's point, but still pile in with forum clogging nonsense,
Point proven. You haven't a Scooby what the difference is between what we use now and the OP's point, but still pile in with forum clogging nonsense,
In reply to Post #3
AI is probably another 30 years before making an impact on the way we live and work.
But to what degree who knows.
Singularity a few decades after that (if it ever does happen)
White collar jobs erm it's a little bit more advanced than that have a little read, AI will still need human input it's just the way we work will change.
https://www.cancer.gov/news-events/cancer-currents-blog/2022/artificial-intelligence-cancer-imaging
AI is probably another 30 years before making an impact on the way we live and work.
But to what degree who knows.
Singularity a few decades after that (if it ever does happen)
White collar jobs erm it's a little bit more advanced than that have a little read, AI will still need human input it's just the way we work will change.
https://www.cancer.gov/news-events/cancer-currents-blog/2022/artificial-intelligence-cancer-imaging
In reply to Post #9
Case worker you mean his mother 😁
Case worker you mean his mother 😁
In reply to Post #11
So .... to paraphrase Rachel from friends....
Terminator could happen ....
One of the lads I work with showed me an app on his phone that uses AI to generate essay answers. I have to say it was pretty good.
It's now got me thinking... given the repetitive nature of spinbowlers posts... . Is he just a very basic AI program on tommy Robinson's iphone?
So .... to paraphrase Rachel from friends....
Terminator could happen ....
One of the lads I work with showed me an app on his phone that uses AI to generate essay answers. I have to say it was pretty good.
It's now got me thinking... given the repetitive nature of spinbowlers posts... . Is he just a very basic AI program on tommy Robinson's iphone?
In reply to Post #13
Got to be careful with AI don't want to give the anti vaxxers a new target. Alexa and Siri will be done for 😀
Imagine an AI politician 😀 its output would be so dependent on its dataset we could have a left one a middle one and of course the right one 😀
Got to be careful with AI don't want to give the anti vaxxers a new target. Alexa and Siri will be done for 😀
Imagine an AI politician 😀 its output would be so dependent on its dataset we could have a left one a middle one and of course the right one 😀
In reply to Post #1
CBDC are very interesting but they are not “just like using Apple Pay or Visa today” as people seem to think when they say that they hardly use cash today.
In principle they enable money to not be fungible, but be tied to conditions laid down by a central authority.
For example, you could be credited with pounds but they need to be spent:
- before a certain date or they expire and cannot be used (to stimulate the economy)
- only for certain products or services eg only on rent or food, not alcohol
- only if another condition is met e.g. clean criminal record, good credit score, debts paid on time
Obviously, the conditions could be changed so you may find that the money that you thought you could use to go to Vegas can only be spent on something “approved”.
In the hands of a benign authority this could be great, tax is often handed out with specific intentions in mind and this will help ensure the intent is realised. But history suggests that all authority believes that it is benign and that what can be used for virtue can also be used for vice.
Arguably the most advanced country in CBDC is China. It seems unlikely that they are doing this to empower their citizens or those in Belt and Road countries.
CBDC are very interesting but they are not “just like using Apple Pay or Visa today” as people seem to think when they say that they hardly use cash today.
In principle they enable money to not be fungible, but be tied to conditions laid down by a central authority.
For example, you could be credited with pounds but they need to be spent:
- before a certain date or they expire and cannot be used (to stimulate the economy)
- only for certain products or services eg only on rent or food, not alcohol
- only if another condition is met e.g. clean criminal record, good credit score, debts paid on time
Obviously, the conditions could be changed so you may find that the money that you thought you could use to go to Vegas can only be spent on something “approved”.
In the hands of a benign authority this could be great, tax is often handed out with specific intentions in mind and this will help ensure the intent is realised. But history suggests that all authority believes that it is benign and that what can be used for virtue can also be used for vice.
Arguably the most advanced country in CBDC is China. It seems unlikely that they are doing this to empower their citizens or those in Belt and Road countries.