Tenobrus(@tenobrus):if ur particularly worried about the "permanent underclass" (which tbc i am not) then u probably should be very glad NFTs were as popular as they were, and wish for more such things. willingness for the very rich to spend large amounts of money on things that are zero utility purely social signaling and also large wealth transfers to artists is exactly the sort of thing that could make a "post AGI relational economy" actually viable

2026.08.13 02:06

if ur particularly worried about the "permanent underclass" (which tbc i am not) then u probably should be very glad NFTs were as popular as they were, and wish for more such things. willingness for the very rich to spend large amounts of money on things that are zero utility purely social signaling and also large wealth transfers to artists is exactly the sort of thing that could make a "post AGI relational economy" actually viable

John David Pressman@jd_pressman

2026.08.12 16:23

I think NFTs were basically reasonable as an absurdist art thing that people made money on, and that the basic pitch of "art markets for normal people" made sense but artists didn't really like it and corporate wanted to turn it into DRM 2 so people lost their minds.

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