logicchains
Without the owners of the productive forces the productive forces wouldn't exist. Go to North Korea if you want to see what it looks like when nobody's allowed build their own business.
If there was no immigrant willing to do it for a bare minimum wage, the mall would have to pay a local more to keep it clean. If there was no immigrant to work on farms for the bare minimum, farmers would have to pay locals a decent wage to make them do the same work. There's no such thing as a worker shortage, only wages that are too low to attract workers.
With widespread solar and batteries, energy is becoming less and less of a "natural monopoly", the state should stop granting legal monopolies to energy companies under the outdated assumption that it's more efficient.
Cash sits in vaults. North Korea would need to physically send a team of bank robbers to extract it. The digital representation of USD is not cash, it's an entry in a ledger, and banks generally have systems that would not allow adding an entry with a sudden transfer of a large amount of money to "J. U. Kim, North Korea". That's why Bitcoin is called "digital cash".
If you have a lot more free time you're not taking full advantage of agents. The time saved coding allows working on 4-6 projects simultaneously, and the majority of work is the hard design/product decisions that the agents can't do well themselves. Working on the hard parts of half a dozen projects simultaneously is far more mentally taxing than just hand-coding a single project, and with that many agents there'll usually always be one with a question for you so you won't have much extra free time.
A company growing 10% per year would be around 7x larger 20 years later. There's a limit on how big companies can get.
China starved tens of millions of people for two decades, it was only after they started opening up the economy in the 70s and allowed people to own farms/shops that living standards started increasing.
Current AI is never going to do better than us in every category, it can only do better in us in categories where it's possible to generate an infinite amount of verifiable synthetic data (math and programming). AI is still just as bad at sales, marketing, writing and anything involving human subjective appeal as it was a year ago. And it's fundamentally handicapped in being unable to acquire new domain knowledge that doesn't fit in a few hundred thousand tokens of context.
They do what AI can't do, entrepreneurialism, because AI doesn't have property rights. Like back to the 1800s when most Americans were self-employed, not working for large corporations, because corporate cog-in-the-machine work can be done better by AI. With AI it's far easier to run your own business than at any time in history.
This is simply false, the average Chinese or Indian is incredibly better off now than they were 100 or 500 years ago. In fact for the past decade many of the wealthiest countries (many Western European countries, and Japan) have seen barely any growth in living standards at all, GDP-per-capita growth has been concentrated in developing countries.
You mean to plagiarize their work. Now finally the nerds also have the option to have somebody else do their work for them.
There's a wealth of clear evidence for this in the economic data in Eastern vs Western Europe, East Germany vs West Germany when Eastern Europe was under Soviet rule. The countries under Soviet rule were significantly poorer and to this day most still haven't caught up with their Western European counterparts.
If it's a well-designed course it should be clear what the content of the exam will be. If not, it's the professor's fault. And barring rare emergencies being rested on the day is also generally a matter of preparation, not luck.
This was a problem well before AI, but it doesn't get talked about enough because so many developers are hooked on the power trip they get from making people waste time on crap that has no relevance to the user.