Abstract: Blockchain is now at the stage that the Internet was at in 2004 with the call to Web 2.0 (just before the release of FaceBook, YouTube and the iPhone). Virtual money has already enabled smart contracts, innovative economics and new approaches to financing and governance. Don’t let the assumption that deep technical skills are required to participate in and benefit from the advances made possible by decentralized, crowd-supported record-keeping of valuables and automated exchange.
Structural unemployment, particularly unemployment caused by automation, is an exemplar of Rittel and Webber’s wicked social policy problems. Unfortunately, their beliefs that, in a pluralistic society:
- there is nothing like the undisputable public good;
- there is no objective definition of equity;
- policies … cannot be meaningfully correct or false;
- it makes no sense to talk about “optimal solutions”; and
- even worse, there are no “solutions” in the sense of definitive and objective answers
predictably lead to humanity blundering from one sub-optimal partial solution to the next. All of our wicked social policy problems will never be solved until we take a coherent systems engineering approach and stop trying to solve what are really sub-problems without knowing/defining our true goal(s) — The Meaning of Life.
(Yes, of course this features far more artificial intelligence than the abstract indicates 🙂 )