Will artificial intelligence put an end to money? However, the situation will be very different if we someday live in a world governed by an artificial intelligence (AI) endowed with complete information and infinite processing capabilities. We need money because we live in a market economy, not a preprogrammed world. Do we still need money? This vision of “techno-socialism” is very far from the model of a decentralized, free society.

Source: Taipei Times July 31, 2024 17:37 UTC