> Abolish Capitalism.

You don't have a coherent concept of what that is.

> That's our greatest weakness.

It's one type of problem solving framework. It's actually the most logical. You can't anticipate every possible serious problem, so some forethought mixed with tech innovation and engineering is the best that can be done.

>We only work for our current selves and not for our future selves.

This is incorrect. Each individual has their own time preferences. These vary over time.

> about a lot of things I didn't say or imply.

Your assertions require the implications.

> Then capitalism will remain through transformative AI

Capitalism isn't a political ideology, it is not some centralized rule set. You're forcing the concept into your political framework.

Capitalism is the lack of the political. Like atheism is the lack of religion.

>only the powerful and rich will have access to AGI and later ASI.

Again, no. AI will exist as part of an intelligence explosion. AI will be everywhere. The individual will have their own AI, mostly likely multiple ones at different intelligence levels.

Again, you're forcing all these concepts through your centralized political authority framework.

If there a hard take off from an ASI it's all moot anyway.

>the rest of us can start from scratch or die.

No, capitalism is a situation where you don't have to associate if you don't want to.

There is no reason that you and others can't interact in your own markets. Again, don't push everything through a central control paradigm.

>I get it, you like capitalism.

Yes, I like it when people don't aggress against me.

You do to, you want to be treated according the ethical framework which supports capitalism: Self-ownership and derived rights, freedom of association, self-defense, and property rights.

You, like many, aren't thinking clearly about these things. You're uneasy, constantly pushed and pulled by state manipulation. But if you take a step back, consider how you'd like to be treated, apply it universally you'll see how this is the best, most ethical path forward.

> Haha, yes I'm well aware of how that works. But they simply use their stocks as collateral to obtain essentially unlimited cash flow through loans anyway.

So? Other people are loaning them the money.

> then the market share from the companies could be used to fuel prosperity for all, instead of prosperity for some.

Translation: monkey's throwing rocks at a high pressure boiler.

>This would be the beginning of the end for capitalism.

Mystical nonsense.

The end of capitalism just means state control, infringing upon fundamental rights.

>to whatever proves superior in an unemployed world with AI doing the heavy lifting.

Mises wrote the economic calculation problem in 1920, and people still don't understand it. It's not that complex, the issue isn't calculation but not having the data to calculate. Not hard to get, not different methods to get, it's impossible to get without markets generating price information.

> is that we don't really need billionaires

They don't really need you. I don't either. So what now?

>One thing billionaires do provide is an efficient allocation of capital.

No, markets generate price information which allows for producers to make educated guesses about resource allocation.

> It's not an either/or situation.

My point is there is no or, people go on about past atrocities, parrot "never again" and ignore the again happening right now.

> I linked a historical scholar who goes piece by piece through the creation of the Nazi laws. They openly discussed US race law in the policy discussions.

OK, and does that meant the US laws were the basis of all of their policies? Answer: it doesn't, may have offered some info.

There's enough blame to go around.

News about the ongoing starvation in Yemen due to the US supported blockade? The people, including kids, being burned and blown up by US weapons?

Nah, just watch a documentary about how large scale murder shouldn't happen again. *Oh yeah, and FDR was good or something.