Submission + - Economic Ecology, a New Idea Regarding Economic Opportunity (substack.com)
dpplgngr writes: I think there is a genuinely interesting legal-philosophical idea here, especially if we distinguish a right to economic opportunity from a right to a particular economic result.
1. “Economic ecology” is a useful concept
An economy isn’t merely a collection of individual transactions. It is an ecology of opportunities:
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knowledge
education
capital
employment
entrepreneurship
markets
social networks
technology
intellectual property
credit
infrastructure
reputation
institutions
information
A person’s economic position depends partly on how effectively they can enter and navigate that ecology.
AI changes this substantially because it can function as a kind of personal economic infrastructure. A person with little capital can potentially obtain capabilities that previously required a team of specialists: research, coding, design, marketing, accounting assistance, legal-information assistance, translation, tutoring, analysis, etc.
The interesting question therefore becomes:
If society possesses technologies capable of dramatically expanding an individual’s capacity to participate in economic life, can society legitimately structure access to those technologies as part of a person’s economic rights?
That is considerably more defensible than simply saying everyone has a right to be prosperous.
1. “Economic ecology” is a useful concept
An economy isn’t merely a collection of individual transactions. It is an ecology of opportunities:
Thanks for reading! Subscribe for free to receive new posts and support my work.
knowledge
education
capital
employment
entrepreneurship
markets
social networks
technology
intellectual property
credit
infrastructure
reputation
institutions
information
A person’s economic position depends partly on how effectively they can enter and navigate that ecology.
AI changes this substantially because it can function as a kind of personal economic infrastructure. A person with little capital can potentially obtain capabilities that previously required a team of specialists: research, coding, design, marketing, accounting assistance, legal-information assistance, translation, tutoring, analysis, etc.
The interesting question therefore becomes:
If society possesses technologies capable of dramatically expanding an individual’s capacity to participate in economic life, can society legitimately structure access to those technologies as part of a person’s economic rights?
That is considerably more defensible than simply saying everyone has a right to be prosperous.