By: Lee Coburn
Humanity is now entering the fourth economic paradigm. First we were hunter gathers, second farmers, third the industrial revolution. Now the fourth paradigm, where transhuman entrepreneurs, utilizing both neurological and machine augmented intelligence, are replacing capital as the economic driving force in free market economies.
In the last 40 years computers and robots have replaced humans in more than 9 million traditional jobs. This trend is accelerating as Intelligent Self-Educating Computer Systems (ISECS) like WATSON, WolframAlpha, Quora and others are moving from the lab into the cloud.
Humanities golden age? Possibly, but like the start of the industrial revolution it is the transition thats scary, creating unemployment, pain and suffering. Today transhuman entrepreneurs are pulling us into a new age where bioinformatics, nanotechnology, 3D printers, ISECS, and robot slaves will do our work, freeing us for love, play and fun.
For this document we define Transhumans to be free thinking, courageous doers, who, use augmented intelligence, to harness the frontiers of human knowledge and technology.
During the industrial revolution vast amounts of capital were needed to start and build railroads, steel mills, auto factories and giant retail businesses like Montgomery Wards. The world economies were driven by the need for capital, hence the name capitalism. Today most American steel mills have closed, General Motors has filed for bankruptcy, and Montgomery Wards is history.
The fourth economic paradigm is being created by transhuman entrepreneurs who use the internet and advance computer systems to augment their intelligence, enabling them to better utilize our growing scientific and technological knowledge. Look at the market value of companies started by transhumans like Bill Gates, Steve Jobs, Peter Diamandis, Ray Kurzweil, Larry Page, Sergy Brin, Mark Zuckerberg and thousands of others. Rather than needing capital, these companies are generating trillions of dollars of surplus capital.
Golden age of opportunity: Because scientific and technological knowledge is developing exponentially, there are more entrepreneurial opportunities today than at any other time in human history. Best of all. there are no formal educational requirements, school dropouts like Bill Gates, Steve Jobs and other entrepreneurs with even less education outnumber those with Ph. Ds..
Today 90% of all scientists and inventors that have ever lived are alive and working. They are producing more new opportunities every 15 years, then were produced in the last 100. And the last century was very inventive with TVs, computers, space travel, washing machines, airplanes, autos and much more! Check out the website http://www.kurzweilai.net/, where their daily newsletter documents five to twelve new scientific and technological advancements. Many of these discoveries point to new products and industries.
Entrepreneurs themselves are a major source of new opportunities. When the Wright brothers invented the airplane they created opportunities for airplane manufacturers like Boeing. They also created thousands of second tier opportunities. These, for the most part are low tech, like food services, airport support, travel agents and manufacturers of airplane seats, etc.. It is in this second tier where historically businesses have earned the most money and created many new jobs. So, the more entrepreneurs there are, the more new opportunities there will be.
Follow this link:
Capitalism is Dead. Long Live Transhumanism. - H+ Magazine
- Neurodiversity vs. Cognitive Liberty - November 8th, 2009 [November 8th, 2009]
- Link dump: 2009.10.13 - November 8th, 2009 [November 8th, 2009]
- Limits to the biolibertarian impulse - November 8th, 2009 [November 8th, 2009]
- Link dump: 2009.10.15 - November 8th, 2009 [November 8th, 2009]
- Neurodiversity vs. Cognitive Liberty, Round II - November 8th, 2009 [November 8th, 2009]
- Link dump: 2009.10.17 - November 8th, 2009 [November 8th, 2009]
- Cognitive liberty and right to one's mind - November 8th, 2009 [November 8th, 2009]
- TED Talks: Henry Markram builds a brain in a supercomputer - November 8th, 2009 [November 8th, 2009]
- And Now, for Something Completely Different: Doomsday! - November 8th, 2009 [November 8th, 2009]
- Link dump: 2009.10.19 - November 8th, 2009 [November 8th, 2009]
- Oklahoma and abortion - some fittingly harsh reflections - November 8th, 2009 [November 8th, 2009]
- Pigliucci on science and the scope of skeptical inquiry - November 8th, 2009 [November 8th, 2009]
- Remembering Mac Tonnies - November 8th, 2009 [November 8th, 2009]
- Link dump: 2009.10.24 - November 8th, 2009 [November 8th, 2009]
- Link dump: 2009.10.26 - November 8th, 2009 [November 8th, 2009]
- The Bright Side of Nuclear Armament - November 8th, 2009 [November 8th, 2009]
- Grieving chimps - November 8th, 2009 [November 8th, 2009]
- Elephant prosthetic - November 8th, 2009 [November 8th, 2009]
- Mass produced artificial skin to replace animal testing - November 8th, 2009 [November 8th, 2009]
- Dog gets osseointegrated prosthetic - November 8th, 2009 [November 8th, 2009]
- NASA Shuttle-derived Sidemount Heavy Launch Vehicle Concept - November 8th, 2009 [November 8th, 2009]
- Link dump for 2009.02.02 - November 8th, 2009 [November 8th, 2009]
- Link dump for 2009.11.04 - November 8th, 2009 [November 8th, 2009]
- Link dump for 2009.11.05 - November 8th, 2009 [November 8th, 2009]
- IEET's Biopolitics of Popular Culture Seminar - November 8th, 2009 [November 8th, 2009]
- Einstein and Millikan should have done a Kurzweil - November 8th, 2009 [November 8th, 2009]
- Affective Death Spirals - November 8th, 2009 [November 8th, 2009]
- Cure aging or give a small number of disabled people jobs as janitors? - November 8th, 2009 [November 8th, 2009]
- Would unary notation prevent scope insensitivity? - November 8th, 2009 [November 8th, 2009]
- Cure aging or give a small number of disabled people jobs as janitors - unary version. - November 8th, 2009 [November 8th, 2009]
- At SENS4, Cambridge, UK - November 8th, 2009 [November 8th, 2009]
- SENS4 overview and review - how evolution complicates SENS, and why we must try harder - November 8th, 2009 [November 8th, 2009]
- SENS4 top 10 photos - November 8th, 2009 [November 8th, 2009]
- My AI research for this year - November 8th, 2009 [November 8th, 2009]
- My AI research: Formal Logic - November 8th, 2009 [November 8th, 2009]
- My AI research: Category theory and institution theory - November 8th, 2009 [November 8th, 2009]
- My AI research: The Semantic Web - November 8th, 2009 [November 8th, 2009]
- My AI research: Features and Flaws of Logical representation - November 8th, 2009 [November 8th, 2009]
- My AI research: Graphical models and probabilistic logics - November 8th, 2009 [November 8th, 2009]
- Hughes and More engage Italian Catholicism: Image caption competition - November 8th, 2009 [November 8th, 2009]
- Surprisingly good solutions, falling in love and life in a materialistic universe - November 8th, 2009 [November 8th, 2009]
- What do you get when you cross slightly evolved, status seeking monkeys with the scientific method? - November 8th, 2009 [November 8th, 2009]
- Seeking the optimal philanthropic strategy: Global Warming or AI risk? - November 8th, 2009 [November 8th, 2009]
- Machine Learning - harbinger of the future of AI? - November 8th, 2009 [November 8th, 2009]
- At the Singularity Summit in NYC - November 8th, 2009 [November 8th, 2009]
- Katja Grace: world-dominating superintelligence is "unlikely" - November 8th, 2009 [November 8th, 2009]
- Normal Human Heroes on "Nightmare futures" - November 8th, 2009 [November 8th, 2009]
- Anissimov on Intelligence Enhancement - November 8th, 2009 [November 8th, 2009]
- Yudkowsky on "Value is fragile" - November 8th, 2009 [November 8th, 2009]
- Response to Pearce - November 8th, 2009 [November 8th, 2009]
- Creative thinking lets you believe whatever you want - December 13th, 2009 [December 13th, 2009]
- Let’s get metaphysical: How our ongoing existence could appear increasingly absurd - December 13th, 2009 [December 13th, 2009]
- Linda MacDonald Glenn guest blogging in November and December - December 13th, 2009 [December 13th, 2009]
- Link dump for 2009.11.15 - December 13th, 2009 [December 13th, 2009]
- Call 1-800-New-Organ, by 2020? - December 13th, 2009 [December 13th, 2009]
- IBM's claim to have simulated a cat's brain grossly overstated - December 13th, 2009 [December 13th, 2009]
- John Hodgman pulls off Fermi Paradox schtick - December 13th, 2009 [December 13th, 2009]
- Deus Sex Machina - December 13th, 2009 [December 13th, 2009]
- How Americans spent themselves into ruin... but saved the world - December 13th, 2009 [December 13th, 2009]
- I am my own grandpa (or grandma)? - December 13th, 2009 [December 13th, 2009]
- Link dump for 2009.11.29 - December 13th, 2009 [December 13th, 2009]
- The art of Tomas Saraceno - December 13th, 2009 [December 13th, 2009]
- Link dump: 2009.12.05 - December 13th, 2009 [December 13th, 2009]
- The Harmonic Convergence of Science, Sight, & Sound - December 13th, 2009 [December 13th, 2009]
- Working on my website - December 13th, 2009 [December 13th, 2009]
- Transhumanism, personal immortality and the prospect of technologically enabled utopia - December 13th, 2009 [December 13th, 2009]
- RokoMijic.com is up - December 13th, 2009 [December 13th, 2009]
- Why the Fuss About Intelligence? - December 13th, 2009 [December 13th, 2009]
- Initiation ceremony - December 13th, 2009 [December 13th, 2009]
- Birthing Gods - December 13th, 2009 [December 13th, 2009]
- 11 core rationalist skills - from LessWrong - December 13th, 2009 [December 13th, 2009]
- The best of the guests - December 13th, 2009 [December 13th, 2009]
- The best of Sentient Developments: 2009 - December 13th, 2009 [December 13th, 2009]
- Link dump: 2009.12.15 - December 15th, 2009 [December 15th, 2009]
- The Utopia Force - December 22nd, 2009 [December 22nd, 2009]
- Avatar: The good, the bad and ugly - December 23rd, 2009 [December 23rd, 2009]
- Singularity Institute launches "2010 Singularity Research Challenge" - December 24th, 2009 [December 24th, 2009]
- Transhumanism as a "nonissue" - December 24th, 2009 [December 24th, 2009]
- Hanson on "Meh, Transhumanism" - December 25th, 2009 [December 25th, 2009]
- Merry Newtonmas from Transhuman Goodness - December 25th, 2009 [December 25th, 2009]