If this adds a useful perspective
Click here to send this page to a friend

Free for Subscribers: D546: Ancient Children Book 2

Over on Peoplenomics this morning, subscribers get Book Two of The Ancient Children, a look ahead at The Good War, and another novel concept that fell out of the economics work almost by accident: Friction Pricing. The premise is simple enough to sound dangerous—if AI keeps driving the informational cost of goods and services toward zero, what happens to the rest of the price structure built around patents, legal work, marketing, finance, research, and other forms of informational rent?

That leads to a larger question: once the “thinking” component of price collapses, what is left? Resources, labor, transportation, packaging, energy, and the stubbornly physical parts of civilization that cannot be copied at near-zero marginal cost. That is where the economic story gets interesting, because information may deflate first while food, housing, power, and other physical necessities do not.

After that, this morning’s PN turns back to the real world: floods, fires, war risk, Fed policy, and the latest ChartPack. The market models still lean higher near term, but from an increasingly mature and risk-sensitive position—exactly the kind of setup where one bad data print can turn “holiday optimism” into something much less festive.

More for Subscribers||| Master Index 2018 to Present ||| Master Index 2001 thru 2017 ||| Missing out? SUBSCRIBE NOW!!! |||

Consider subscribing to our deeper work.
If this article added a useful perspective...

Peoplenomics is where George does the deeper work.

For about 11 cents a day, you're not buying another newsletter — you're buying back some of your time.

See what you've been missing.

1 thought on “Free for Subscribers: D546: Ancient Children Book 2”

Comments are reviewed by a human because the web is crawling with spammers. Submissions after 4 PM Central usually appear the following morning. After you click Post Comment, you’ll jump back to the top of this article, but your comment is queued up here. We’ve got a robust community and your participation is invited. Some commenters are brilliant. Read a few and judge for yourself. Imagine. You could be one.

  1. Yo Ned,

    You hear the one about quantum networking rewriting the rules of Crypto ?

    As promised – we have a winning answer, and was provided by the Trezor TEAM (hardwallet/coldstorage). Suite 7.4 has just been released and it closes that window.
    Every tunnel now negotiates a DUEL HANDSHAKE: the classical exchange I already trust, run along side a lattice based one, with both secrets folded together in a single session key. Break one, the other still holds.

    Ai as a “mind amplifier” = naval intelligence

    Whether its oxy or other, Ai is sucking the Humanity out of its users, that, or they never had any to begin with or very little.

    ? What do NUCLEAR TORPEDOS Do to Sea water besides Bringing to a Boil ?

    U2/Elevation- https://youtu.be/yZEBjBbNZpw?

    Reply

Leave a Comment