From English Wikademia
With the possible advent of Transfinancial Economics at its Advanced Stage it would be possible to create new money without serious inflation to assist in the transition to a "full" Wageless Robotic Economy, or as it is clumsily referred to here as a Wageless Economy Robotic...
A tipping point will occur as global government specifically transitions to Wageless Economy Robotic, with an end-state equilibrium wherein money exchanged [2] between humans and corporations is replaced by a one way information flow from humans to the robotic back-plane known as UFAS, with all work being performed by only inanimate matter organized into said system, with humans fully disengaged from production, and only providing information inputs into the system indicating their material desires, with a stable equilibrium established by the fact that when everything is freely available, consumption will normalize on its on, since no one would request an excess of anything if it is freely available in a system that can provide as much of anything desired on demand. [3]
The tendency under the 3 current artificial scarcity based economic models for humans to hoard & over consume is countered by Wageless Economy Robotic's ability to overproduce making over consumption and hoarding unnecessary, thus tending toward a stable equilibrium post-inception. [4]
Origin
Wageless Economy Robotic as an idea is based on all previous history and contributions from all cultures & disciplines as an eclectic integration of all aspirations, and was merely coalesced into an actionable plan by Eric Sean Tite-Webber, of the illustrious Tite Family, which includes Sir William Tite MP [5], Architect of the Royal Exchange in London, Director of the Banks of Westminster & Egypt. Eric is the contemporary Dr. Michael Tite of the British Museum who led the team of scientists who examined the Shroud of Turin. Tite means Glad, Cheerful. Eric Sean Tite-Webber, founding father of Robotic Economics, consulted as scientist to NASA's Goddard Space Flight Center as well as to the World Bank Treasury Division in Washington D.C. and has a Physics and Classical Philosophy background.References
- ↑ Karl Marx, "Das Kapital", 1867 "[1]"
- ↑ Benn Steil, Council on Foreign Relations, "The End of National Currency", May 2007, "[2]"
- ↑ Don Marler, "Unemployment: Victory or Defeat in a Progressive Society", 1976 "[3]", 2008
- ↑ See Cornucopia vs Tragedy of the Commons "[4]"
- ↑ Sir William Tite, MP Architect of Royal Exchange, Director of the Banks of Westminster & Egypt ""
Another Artice from Wikipedia, the free encyclopedia
Robot economics seeks to understand the functioning and dynamics of the market for robots. Robot markets function through the interaction of robots and employers (users). Robot economics looks at the suppliers of Robot services (mechanical work), the demanders of Robot services (employers), and attempts to understand the resulting pattern of output, employment, and distribution of income. In economics, robot input is a measure of the work done by robots substituting human works. There are macroeconomic theories which have expanded a concept called robot capital (the skills that robots possess and their output), although there are also contradicting macro-economic system theories that think robot capital is an opposition in terms.
The Robot market is similar to any other market. The forces of demand and supply jointly determine market (in this case the price of robotic products) and quantity (the number of robots employed). However, the robot market differs from other markets (like the markets for Labor capital) in several ways. The most important of these differences would be the function of supply and demand in setting prices. In markets for goods, if the price is high there is a tendency in the long run for more goods to be produced until the demand is satisfied. With robots, overall supply can effectively be manufactured because robots will have a higher limiting amount of input in the day than humans. Robot market can be close to oligopoly in economic sense - as it would be an industry dominated by a small number of producers.
The Robot market is similar to any other market. The forces of demand and supply jointly determine market (in this case the price of robotic products) and quantity (the number of robots employed). However, the robot market differs from other markets (like the markets for Labor capital) in several ways. The most important of these differences would be the function of supply and demand in setting prices. In markets for goods, if the price is high there is a tendency in the long run for more goods to be produced until the demand is satisfied. With robots, overall supply can effectively be manufactured because robots will have a higher limiting amount of input in the day than humans. Robot market can be close to oligopoly in economic sense - as it would be an industry dominated by a small number of producers.
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