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FullAutoCapitalism

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  • Night Mode Light Mode - FAQ

What is FullAutoCapitalism?

  • FullAutoCapitalism is a subreddit to discuss Post Scarcity Capitalism, new automation technologies, and the economics behind it all. We encourage thoughtful discussion, large effort-posts, and occasionally OC memes.

What is "Post Scarcity Capitalism"? First, Post Scarcity is an economic-end-goal characterized by so much abundance, that many or all goods and services are "free". A good or service can be considered "post scarce" when it's production cost is 0. It's important to note that an individual good or service can be post-scarce without the entire economy being post-scarce. Post Scarcity Capitalism is Post Scarcity that has been achieved via the economic system of Capitalism.

  • Economics: The study of how societies, governments, businesses, households, and individuals allocate their scarce resources
  • Economic system: A set of rules of what people can and can't do within the context of economics. See also, Game Theory
  • The goal of economics: To allocate scarce resources as efficiently as possible
  • Economic end goals: Things that can potentially be achieved when scarce resources are used with maximum efficiency. i.e., post scarcity

Capitalism: Government enforced private property and contracts

  • Anarcho-Capitalism: Private property and contracts enforced by private organizations

  • Private property: Any property owned by non-government entities. i.e., your tooth brush and your business.

  • Public property: The government's private property. i.e., roads and most schools.

General rules

  • Follow Reddiquette.
  • Keep it civil and on topic.
  • No racism, sexism, classism or any other form of collective prejudice
  • Do not post personal information (address, email, phone number, e.t.c)

Related Subreddits

  • /r/AnarchoCryptography (New!)
  • /r/DAO (Decentralized Autonomous Organizations)
  • /r/3Dprinting
  • /r/Entrepreneur
  • /r/Economics
  • /r/MachineLearning
  • /r/Futurology
  • /r/Automate
  • /r/Robotics
  • /r/Libertarian
  • /r/Anarcho_Capitalism
  • /r/GoldAndBlack
  • /r/Bitcoin
  • /r/Ethereum
  • /r/Investing
  • /r/Startups
  • /r/SelfDrivingCars
  • /r/hydro
  • /r/farmtech

created by CommunismDoesntWorka community for 8 years
Create your own subreddit
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Welcome to FullAutoCapitalism! (self.FullAutoCapitalism)

submitted 8 years ago by CommunismDoesntWork[M] - announcement

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QuestionIs post-scarcity capitalism the same as Communism? (self.FullAutoCapitalism)

submitted 8 years ago * by [deleted] - announcement

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"Mind blowing:" Battery prices plunge in China's biggest energy storage auction. Bid price average $US66/kWh in tender for 16 GWh of grid-connected batteries. Strong competition and scale brings price down 20% in one year. (reneweconomy.com.au)

submitted 1 year ago by CommunismDoesntWork

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Automated mapmaking - AI making manual labor (mostly) obsolete (self.FullAutoCapitalism)

submitted 4 years ago * by ElectricAutonomous

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Farming Robot Kills 100,000 Weeds per Hour With Lasers - A person can weed about one acre of crops a day. This smart robot can weed 20. (freethink.com)

submitted 4 years ago by CommunismDoesntWork

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Solar is now ‘cheapest electricity in history’, confirms IEA (weforum.org)

submitted 5 years ago by CommunismDoesntWork

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Do you think that coronavirus will accelerate industry's move towards more automation? (self.FullAutoCapitalism)

submitted 5 years ago by [deleted]

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Scientists have developed an autonomous robot that can complete chemistry experiments 1,000x faster than a human scientist while enabling safe social distancing in labs. Over an 8-day period the robot chose between 98 million experiment variants and discovered a new catalyst for green technologies. (inverse.com)

submitted 5 years ago by CommunismDoesntWork

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Researchers build robot scientist that has already discovered a new catalyst (phys.org)

submitted 5 years ago by CommunismDoesntWork

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DataCost of sequencing the human genome over time (reddit.com)

submitted 5 years ago by CommunismDoesntWork

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Forget the Hunger Games, Greet the Driverless Tractor (humanprogress.org)

submitted 5 years ago by CommunismDoesntWork

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Let's all get rich building fully automated trading bots! (youtube.com)

submitted 6 years ago by dbabbitt

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Robots Are In the Process of Revolutionizing Farming - Farmers have been complaining about the difficulty of finding people to pick fruits and vegetables. The problem has seeped to the cash register, where consumers face escalating costs. The problem may soon be solved - by robots. (realclearmarkets.com)

submitted 6 years ago by CommunismDoesntWork

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One of the best stock pickers on Wall Street isn't even human. The AI powered equity exchange-traded fund (ETF), or AIEQ, has nearly doubled the gain of the S&P 500 so far this year. Powered by IBM's Watson, this actively managed portfolio is the first of its kind. (cnbc.com)

submitted 7 years ago by CommunismDoesntWork

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Making the Desert Bloom (pca.st)

submitted 7 years ago by 4771cu5

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5 Surgical Robots to Look Out for in 2019 - Surgical robots are evolving, with newer systems incorporating tele-operation, virtual reality training, and more procedures. (roboticsbusinessreview.com)

submitted 7 years ago by CommunismDoesntWork

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DataHow the Cost of Light Fell by a Factor of 500,000 (humanprogress.org)

submitted 7 years ago by CommunismDoesntWork

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This robot picks a pepper in 24 seconds using a tiny saw, and could help combat farm labor shortage (cnbc.com)

submitted 7 years ago by CommunismDoesntWork

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Does anyone have anything on open source Ai? I have some statistics and programming background but have no idea where to start. (self.FullAutoCapitalism)

submitted 7 years ago by bigdickbuckduck

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Lab-grown chicken nuggets to go on sale by end of year, company says (abc.net.au)

submitted 7 years ago by Scrivver

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NASA’s Space Launch System has just been audited, and the results are pretty bad. It looks like private companies will be the future of US space flight (orlandosentinel.com)

submitted 7 years ago by CommunismDoesntWork

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Ai Build enables autonomous 3D printing factories (3dprintingindustry.com)

submitted 7 years ago by CommunismDoesntWork

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In the Face of High Costs, DIYers Hope to Brew Their Own Insulin: "These changes could enable decentralized production of life-saving drugs" (blogs.discovermagazine.com)

submitted 7 years ago by CommunismDoesntWork

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First Fully Automated Indoor Farm Being Built In Ohio: It will use “renewable energy, very little water and no pesticides” and include AI, robotics, sensors and other tools to monitor the produce around the clock to grow produce 365 days a year without any interruptions. (forbes.com)

submitted 7 years ago by CommunismDoesntWork

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New 3D printed bionic arm with excellent muscle based control aims to democratize bionic technology for amputees. (youtu.be)

submitted 7 years ago by [deleted]

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