This is the second in a series looking at a few big groups that will probably dislike Copiosis at first. They might dislike it so much they could become its enemies. We wrote about bankers last week. Today, let’s look briefly at the finance industry.
By finance we mean Wall Street. Hedge fund owners, traders, investment bankers. Basically people who make money by moving it around. Since Copiosis eliminates money, in Copiosis these people can’t make money. If their identities are tied to what they do, eliminating money represents an existential threat to such people.
So we must find ways to soothe such people’s fears. Then show them how even they benefit tremendously from what Copiosis offers.
Trading money on a crispy planet
Clearly, the biggest argument for Copiosis is freeing people. The next biggest might be reversing climate change significantly. While their focus on making money likely dominates their attention, most finance people know what’s up. They’re not stupid. They know a planet that’s gone to hell is bad for business. It’s hard to make money on a crispy planet.
A lot of people in the finance industry are women. Married men working in that sector have something in common with some of those women: They have children or want them.
Sting, the famous English front man of The Police, once penned a song about nuclear war. It’s called Russians. In it, Sting sings that the biggest deterrent to nuclear war between Russia and the West could be that Russians love their children as much as everyone else.
Similar arguments must also hold true for people working the financial sector. They, like the rest of us, would like a bright future for our children. One where hope and opportunity exists. Playing to that sentiment can go along way. But another argument may be more persuasive. In Copiosis people in the finance sector can get really rich.
Keeping the wealthy wealthy
It’s true a lot of nasty things happen when money abounds. New York’s financial sector, for example, is well known for its cocaine consumption. So too its reputation for loose living, all night binges and other symbols of excess.
Copiosis has no say on such things. But it does offer people who create a lot of Net Benefit Value (NBV) lavish wealth. People working in the biggest finance companies typically come from the best schools. They’re bright. They’re ambitious. Putting all that smarts to better use could create unimaginable wealth for such people, while also making the planet great again.
Scholars have decried how much humanity loses when these people turn to finance. Perks from working in such organizations cannot be denied. In addition to fast lives, employees get fat bonuses, seven figure salaries and expense accounts, and all the glitz and glamor the sector commands. That’s why many young, smart Ivy League graduates right out of graduation halls flock to finance. In 2006 almost 50 percent of Princeton AND Harvard graduates went straight into finance and consulting.
But what if such people could enjoy similar perks solving humanity’s biggest problems instead of trading financial instruments? Indeed, one major problem solved could generate more income than a person could spend in a lifetime. And there are plenty of big hairy problems needing solving.
Waiting to exhale
The Copiosis transition could then inspire such people to tackle societal challenges in ways we never seen before. In the process, they could become famous, rich and enjoy similar lifestyles they enjoy today. Such people might also find solace and redemption in such life changes.
That’s because often what Wall Street people face feels more like infamy than fame. As someone interviewed in this story describes, some people aren’t proud of where they work. Even though they make bank working there. So Copiosis does offer a way out of that, while still preserving whatever wealth they have.
It’s a fair expectation too that cocaine-fueled binges or Adderall addictions would give way to more wholesome celebrations and lifestyles. These people might see that a good thing considering the toll such lives take. And yet, one thing Copiosis can’t match is the ability to set up one’s kids for life.
That’s right. Inheritance doesn’t exist in Copiosis. Still, getting rich in Copiosis is way easier than today. And getting rich is possible in many more fields than today. Indeed, those who follow their passions, likely become wealthy in Copiosis as such pursuits usually generate the best from people. The video below describes how nearly any action can make someone rich in Copiosis.
The lavish lifestyle
Those enjoying the high life on luxuries might find Copiosis interesting because of the lifestyles it makes possible. Just consider that Copiosis makes it possible to create anything without incurring any costs. That means entrepreneurs can make any kind of luxury technically possible. So we expect an explosion of luxuries. Some of which we’ve only dreamed of until now.
And, since necessities – like housing and healthcare – cost no one anything, a rich person’s wealth goes way farther than it does today. So former Wall Street types have no limits to them on what they can do. Or have. And if they don’t have enough Net Benefit Rewards (NBR) now, they can fairly easily create more.
While doing that, they make the world better. Who would have a problem with that? It’s a win for everyone, including the planet.
The only problem potentially holding up the luxe life might be people’s unwillingness to do dirty jobs that make such lives possible. Will people still want to work on yacht crews or take rich people on Safari hunts? Will there be enough housecleaners? There’s not a lot of NBR derived from such things.
But there’s a lot of Net benefit Value (NBV) in educating rich people about problems, or about the sea, or about our natural world.
The way the algorithm works, however, means those still wanting to crew yachts, clean homes or take the rich on trips will make more NBR than they do money. If, that is, a shortage of such people happens after the transition. When people no longer want to serve the rich…for relatively little.
One could argue a conundrum exists in that people invested in finance sector companies will also fight us, just as bank investors might. The same argument made last week applies here.
If Copiosis satisfies them, keeps them whole and makes the world better for those people, they’re more likely to go along with the transition. Even if it means they no longer enjoy incomes from owning a slice of a company’s profits.
And, there will be plenty such people can do, aligned with what they like to do, that will generate NBV. Such people might like feeling valued again, if they don’t enjoy that today.
If they enjoy feeling valued today because they own enough wealth to make other people’s dreams possible by injecting money into other people’s ideas, well, that’s over in Copiosis. Since NBR is non-transferrable, financial investments goes extinct.
But such people’s knowledge and experience still mean a lot. So such people could get lots of NBR advising new initiatives. Should those initiatives thrive, those advising them could enjoy lasting NBR streams for past contributions, just like anyone else who creates lasting NBV.
Their happiness is ours
Some might scoff at making rich Wall Street types whole or, actually, better off. But we need such people to go along with creating a world we all would love. One reason these folks keep good things from happening is because such things could mean the end of life as they know it. To them, such a future isn’t worth even considering, let alone supporting.
That’s why we need such people agreeing to the fact that what we’re creating serves them as well as the rest of us. Thankfully, these aren’t stupid people. Most of them see the writing on the wall as to the future we’re careening towards. Hopefully, it scares them enough to support something they ordinarily wouldn’t.
Keeping these people happy, in other words, is part of our strategy. It’s easy to say “there should be no billionaires”. But for better or worse, there are. Trying to punish them makes no sense. Better to make them happy.
Copiosis does more than make them happy. It makes everyone else happy too. And that’s how we turn potential enemies into allies.