Part 3/10:
The prospect of total automation prompts urgent questions: How will our economic systems adapt? Could blockchain compute resources replace traditional currency? Might society come to value resources or digital assets over monetary systems? The speaker posits that an entirely new paradigm shift is imminent—one where the traditional valuation of labor and monetary exchange no longer holds.
In such a future, the principles of capitalism might need reinterpretation. The speaker emphasizes that, unlike common perceptions, universal basic income (UBI) isn't inherently socialist. Instead, it could be a natural extension of capitalist principles—redistributing profits generated by automation back to society as a whole.