the sovereign individual william rees mogg

important transitions in history seldom are driven primarily by human wishes.Every social system, however strongly or weakly it clings to power, pretends that its rules will never be superseded. that is the convention that rules the world.Clarke shrewdly noted, the two overriding reasons why attempts to anticipate the future usually fall flat are “Failure of Nerve and Failure of Imagination.” When the technologies that are shaping the new millennium are considered, it is far more likely that we will see not one world government, but microgovernment, or even conditions approaching anarchy.information technology will destroy the capacity of the state to charge more for its services than they are worth to you and other people who pay for them.

As we explore later, inflation as revenue option will be largely foreclosed by the emergence of cybermoney.

Cyberspace is the ultimate offshore jurisdiction.

In an environment where the greatest source of wealth will be the ideas you have in your head rather than physical capital alone, anyone who thinks clearly will potentially be rich.

What is more, it will happen almost everywhere at once.

The Information Revolution will happen within a lifetime. Unlike the Industrial Revolution, its impact will not be spread over centuries. Unlike the Agricultural Revolution, the Information Revolution will not take millennia to do its work.Faster than all but a few now imagine, microprocessing will subvert and destroy the nation-state, creating new forms of social organization in the process.If AI is communist, crypto is libertarian.

The sovereign individual william rees mogg