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simonsmith (40)in #technology • 7 years ago
RE: The Current State of Retail
No worries! Appreciate the reply. Amazing to me that, more than 20 years after the web's mainstream deployment, people still buy as much as they do offline at all.
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simonsmith (40)in #technology • 7 years ago
RE: The Current State of Retail
Nice post! But I don't know if you you've fully captured the full extent of how retail is being disrupted. I've seen statistics saying that, in fact, more than 300 retailers…
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simonsmith (40)in #introduceyourself • 7 years ago
RE: My name is Simon Smith, and here’s why I joined Steemit
Thanks!
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simonsmith (40)in #artificialintelligence • 7 years ago
RE: Who will you be when the Technological Revolution has concluded?
Not necessarily. AI is learning from human curated data, which has already been shown, many times, to carry human biases. Similarly, an AI may become inadvertently harmful by…
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simonsmith (40)in #basicincome • 7 years ago
RE: Humanity Needs Unconditional Basic Income in Order to Stop Impeding Civilizational Progress
Thoughtful as always, Scott. I've long followed your work and agree with this entirely. There's an excellent quote from Arthur C. Clarke for me that sums up the sentiment:…
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simonsmith (40)in #artificialintelligence • 7 years ago
RE: Who will you be when the Technological Revolution has concluded?
Regarding the risks, it would seem that (1) we can mitigate the impact of automation through some kind of basic income and (2) we can prevent rogue, malicious, biased, or…
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simonsmith (40)in #basicincome • 7 years ago
RE: How might a basic income cryptocurrency affect governments, states, and citizenship?
Ah, true. I believe you receive the currency for nothing, but you can’t spend it unless other people trust you. So, yes, that’s a subtle nuance because if you have me a US dollar…
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simonsmith (40)in #bitcoin • 7 years ago
RE: Here Come the Bogus Bitcoin Scare Tactics
I would anticipate an even bigger increase in negative news now that you have professional short-sellers playing the market through Bitcoin futures. It would be interesting to…
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simonsmith (40)in #basicincome • 7 years ago
RE: How might a basic income cryptocurrency affect governments, states, and citizenship?
As I understand it, coins are continuously minted for each user. And the value of each user’s coins is related to how much people trust them, and how many people trust them. So…
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simonsmith (40)in #basicincome • 7 years ago
RE: How might a basic income cryptocurrency affect governments, states, and citizenship?
This is worth a read: Circles cryptocurrency basic income proposal .
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simonsmith (40)in #bitcoin • 7 years ago
RE: Bitcoin vs. Tulips
I think this post raises a few issues, so want to deal with each independently: Cryptocurrency mania is like the dot-com boom : Having lived through the latter (I had…
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simonsmith (40)in #economics • 7 years ago
RE: How the next recession may unfold
Sounds like you speak from experience. Noted.
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simonsmith (40)in #basicincome • 7 years ago
RE: How might a basic income cryptocurrency affect governments, states, and citizenship?
Governments are struggling to regulate cryptocurrencies, so I don’t know how they would begin to tax them. I think the best they could probably do is tax exchange of real-world…
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simonsmith (40)in #basicincome • 7 years ago
RE: How might a basic income cryptocurrency affect governments, states, and citizenship?
Thanks!
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simonsmith (40)in #cryptocurrency • 7 years ago
RE: Verifying Unique Identities for a Basic Income Cryptocurrency
@michaelten have you seen Circles ? It's a cryptocurrency for universal basic income that's designed to address the verification issue. I just discovered it today—I have no…
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simonsmith (40)in #economics • 7 years ago
RE: How the next recession may unfold
Yes, housing prices are very high. Fortunately, we bought into the market a few years ago, and own our home. I'm often tempted to sell it, semi-retire, and move my family to a…
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simonsmith (40)in #economics • 7 years ago
RE: How the next recession may unfold
PS: I didn't mean to upvote myself, but got a scary warning when I tried to remove it.
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simonsmith (40)in #economics • 7 years ago
RE: How the next recession may unfold
I haven't explored the intersection of basic income and cryptocurrencies much, but now I'm curious. I love the idea of decentralizing wealth without an intermediary, but I don't…
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simonsmith (40)in #introduceyourself • 7 years ago
RE: My name is Simon Smith, and here’s why I joined Steemit
Thanks. You've been on here a long time, it seems, so I could probably learn a few things from you! Curious to know if you're working directly in AI, or if it's just a side interest for you.
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simonsmith (40)in #economics • 7 years ago
RE: How the next recession may unfold
Thanks. Good to hear I'm not crazy—sometimes I just feel like a total pessimist! What's interesting to me is that the quantitative data is supported by qualitative evidence, as…
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