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James_Miller comments on Stupid Questions (10/27/2014) - Less Wrong
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The key is predicting what will happen to interest rates.
How would you estimate the probability that the post-Singularity world would consider pre-Singularity property to be too silly to be worth bothering with?
The most likely outcome is that pre-singularity property rights would indeed be meaningless post-singularity because (1) we are all dead, (2) wealth is distributed independent of pre-singularity rights, (3) scarcity has been abolished (meaning we have found a way of creating new free energy), or (4) the world is weird.
The Fermi paradox causes me to give higher weight to (1), (3) and (4).
Shouldn't outcome 2 be given higher weight on account of having actually happened before? Reallocation of wealth seems to be a pretty common outcome of shifts in power.
Yes