Essay Synopsis
~12 min original read (2238 words)
Trading Marginal Value, Sovereignty, and Automatons
By Tae-Sik • Published June 23, 2023
Core Thesis & Overview
This essay explores sovereignty, trade, and value creation. Unlike animals, humans trade for marginal value and plan for the future. True automatons (sovereign, self-interested AIs) could create value autonomously. Currently, owning passive stock shares is the closest modern proxy, allowing capital to capture corporate value without active management.
Key Takeaways & Analysis
Human beings have birthrights and entitlements, unlike any other living creature. In democratic and free market nations, we have private property rights, the right to vote, the right to life, the freedom of speech, the freedom of movement, the freedom to work and pursue happiness. We have freedoms and liberties given to us by "default". […]