Mike | Abundance
@abundance-1.bsky.social
The system is broken. Few understand why. Almost no one knows what to do about it. My mission is to change that
There is no exchange value in the market for creating abundant things ("art"). Only for creating scarce, or artificially scarce, things
Renaming scarce things as abundant doesn't solve this problem, so you still need to choose between creating actually abundant things or rent
x.com/i/status/200...
Renaming scarce things as abundant doesn't solve this problem, so you still need to choose between creating actually abundant things or rent
x.com/i/status/200...
Anders K. on X: "You don’t need to choose. You can take the path of Einstein, who used a 'tedious' job to fund the stability his genius required. Or you can follow the martyrs, Van Gogh, Dostoevsky, and Diogenes, and accept the price of not paying your rent. Or, you can respect and recognize the" / X
You don’t need to choose. You can take the path of Einstein, who used a 'tedious' job to fund the stability his genius required. Or you can follow the martyrs, Van Gogh, Dostoevsky, and Diogenes, and accept the price of not paying your rent. Or, you can respect and recognize the
x.com
December 20, 2025 at 5:42 PM
There is no exchange value in the market for creating abundant things ("art"). Only for creating scarce, or artificially scarce, things
Renaming scarce things as abundant doesn't solve this problem, so you still need to choose between creating actually abundant things or rent
x.com/i/status/200...
Renaming scarce things as abundant doesn't solve this problem, so you still need to choose between creating actually abundant things or rent
x.com/i/status/200...
"Abundance for all" sounds amazing, but you can't get there with an economics that only works on scarcity - it leads to economic collapse
If you don't believe me, try to work out how this would work yourself. You can't.
That's exactly why I wrote The Abundance Economy..
x.com/elonmusk/sta...
If you don't believe me, try to work out how this would work yourself. You can't.
That's exactly why I wrote The Abundance Economy..
x.com/elonmusk/sta...
Elon Musk on X: "The future is going to be AMAZING with AI and robots enabling sustainable ABUNDANCE for all!" / X
The future is going to be AMAZING with AI and robots enabling sustainable ABUNDANCE for all!
x.com
December 19, 2025 at 1:35 AM
"Abundance for all" sounds amazing, but you can't get there with an economics that only works on scarcity - it leads to economic collapse
If you don't believe me, try to work out how this would work yourself. You can't.
That's exactly why I wrote The Abundance Economy..
x.com/elonmusk/sta...
If you don't believe me, try to work out how this would work yourself. You can't.
That's exactly why I wrote The Abundance Economy..
x.com/elonmusk/sta...
We should not have to choose between doing meaningful work that's valuable to society, and having a financially rewarding job.
The fact that the vast majority of people have to choose one or the other shows that our system is broken.
That was one of my motivations to quit my job and
The fact that the vast majority of people have to choose one or the other shows that our system is broken.
That was one of my motivations to quit my job and
December 17, 2025 at 9:53 PM
We should not have to choose between doing meaningful work that's valuable to society, and having a financially rewarding job.
The fact that the vast majority of people have to choose one or the other shows that our system is broken.
That was one of my motivations to quit my job and
The fact that the vast majority of people have to choose one or the other shows that our system is broken.
That was one of my motivations to quit my job and
Who wants to save democracy?
December 16, 2025 at 8:06 PM
Who wants to save democracy?
The future will be decentralized — or it will not be at all
December 15, 2025 at 7:00 PM
The future will be decentralized — or it will not be at all
We've been doing social networks all wrong.
It's not a tech issue — we just put them on the wrong layer of the economy
It's not a tech issue — we just put them on the wrong layer of the economy
December 15, 2025 at 6:19 PM
We've been doing social networks all wrong.
It's not a tech issue — we just put them on the wrong layer of the economy
It's not a tech issue — we just put them on the wrong layer of the economy
Capitalism and socialism are both broken and cannot deal with 21st century challenges.
Here's how we build a better system:
Here's how we build a better system:
It's the Incentives, Stupid. Why great systems need good incentives, not just good intentions
abundances.substack.com/p/its-the-in...
abundances.substack.com/p/its-the-in...
It's the Incentives, Stupid
Great systems need good incentives, not just good intentions.
abundances.substack.com
December 11, 2025 at 7:56 PM
Capitalism and socialism are both broken and cannot deal with 21st century challenges.
Here's how we build a better system:
Here's how we build a better system:
It's the Incentives, Stupid. Why great systems need good incentives, not just good intentions
abundances.substack.com/p/its-the-in...
abundances.substack.com/p/its-the-in...
It's the Incentives, Stupid
Great systems need good incentives, not just good intentions.
abundances.substack.com
December 10, 2025 at 11:44 PM
It's the Incentives, Stupid. Why great systems need good incentives, not just good intentions
abundances.substack.com/p/its-the-in...
abundances.substack.com/p/its-the-in...
We can now finally settle the 200-year “debate” between capitalism and socialism — should the common interest be subordinate to self-interest, or the other way around?
The answer is that both sides were wrong..
The answer is that both sides were wrong..
December 8, 2025 at 7:10 PM
We can now finally settle the 200-year “debate” between capitalism and socialism — should the common interest be subordinate to self-interest, or the other way around?
The answer is that both sides were wrong..
The answer is that both sides were wrong..
Free speech is meaningless if we don't know how social media algos control (suppress?) "distribution of speech"
We need algorithmic transparency
x.com/teslaownersS...
We need algorithmic transparency
x.com/teslaownersS...
Tesla Owners Silicon Valley on X: "“You can tell which side is the good side and which side is the bad side by which side wishes to restrict freedom of speech.” Elon Musk https://t.co/VxXDJKhF9q" / X
“You can tell which side is the good side and which side is the bad side by which side wishes to restrict freedom of speech.” Elon Musk https://t.co/VxXDJKhF9q
x.com
December 5, 2025 at 6:57 PM
Free speech is meaningless if we don't know how social media algos control (suppress?) "distribution of speech"
We need algorithmic transparency
x.com/teslaownersS...
We need algorithmic transparency
x.com/teslaownersS...
“We can't change the system so it works for those at the bottom, because those at the top won't let us”
That's an outdated approach
If the change you want benefits one group at the expense of another, of course you'll have resistance
But if you design systems where EVERYONE benefits,
That's an outdated approach
If the change you want benefits one group at the expense of another, of course you'll have resistance
But if you design systems where EVERYONE benefits,
December 5, 2025 at 4:35 PM
“We can't change the system so it works for those at the bottom, because those at the top won't let us”
That's an outdated approach
If the change you want benefits one group at the expense of another, of course you'll have resistance
But if you design systems where EVERYONE benefits,
That's an outdated approach
If the change you want benefits one group at the expense of another, of course you'll have resistance
But if you design systems where EVERYONE benefits,
Does truth have any value in social media today? Make Truth Matter Again: open.substack.com/pub/abundanc...
Make Truth Matter Again
How we restore truth in social networks
open.substack.com
December 3, 2025 at 7:08 PM
Does truth have any value in social media today? Make Truth Matter Again: open.substack.com/pub/abundanc...
they optimize for the metric at the expense of the network
December 2, 2025 at 4:48 AM
they optimize for the metric at the expense of the network
The Age of Networks will bring with it a complete transformation in our approach to science.
If today researchers depend on govt grants and publications that rely on ratings instead of impact, in the Age of Networks research will simply be based on whatever benefits networks (communities.. /1
If today researchers depend on govt grants and publications that rely on ratings instead of impact, in the Age of Networks research will simply be based on whatever benefits networks (communities.. /1
November 30, 2025 at 5:33 PM
The Age of Networks will bring with it a complete transformation in our approach to science.
If today researchers depend on govt grants and publications that rely on ratings instead of impact, in the Age of Networks research will simply be based on whatever benefits networks (communities.. /1
If today researchers depend on govt grants and publications that rely on ratings instead of impact, in the Age of Networks research will simply be based on whatever benefits networks (communities.. /1
"if you can't decide the answer is no" - Naval
November 30, 2025 at 3:56 AM
"if you can't decide the answer is no" - Naval
We're living through the most exciting transition period in human history
The transition from the Age of Empires to the Age of Networks. And from concentration of wealth to diffusion of wealth.
We just need to build the economic system to fully realize this transition
The transition from the Age of Empires to the Age of Networks. And from concentration of wealth to diffusion of wealth.
We just need to build the economic system to fully realize this transition
November 28, 2025 at 12:28 AM
We're living through the most exciting transition period in human history
The transition from the Age of Empires to the Age of Networks. And from concentration of wealth to diffusion of wealth.
We just need to build the economic system to fully realize this transition
The transition from the Age of Empires to the Age of Networks. And from concentration of wealth to diffusion of wealth.
We just need to build the economic system to fully realize this transition
"Show me the incentive and I'll show you the outcome"
November 26, 2025 at 4:54 AM
"Show me the incentive and I'll show you the outcome"
Instead of compounding network benefits we're now only compounding network harms..
"With a network-based model, the benefits from each field build on each other and compound. Reliable news sources report on the latest medical breakthroughs..
"With a network-based model, the benefits from each field build on each other and compound. Reliable news sources report on the latest medical breakthroughs..
Your Economy Urgently Needs an Update!
So many of today’s problems stem from a basic fact: the last major upgrade to our ‘economic operating system’ came in the 18th century, an era of steam engines and factories.
open.substack.com
November 25, 2025 at 10:52 PM
Instead of compounding network benefits we're now only compounding network harms..
"With a network-based model, the benefits from each field build on each other and compound. Reliable news sources report on the latest medical breakthroughs..
"With a network-based model, the benefits from each field build on each other and compound. Reliable news sources report on the latest medical breakthroughs..
If we wouldn't use a three-decade-old operating system on our computer, why do we use a three-century-old economic system and expect it to work in the Digital Age?
It's time for an upgrade
open.substack.com/pub/abundanc...
It's time for an upgrade
open.substack.com/pub/abundanc...
Your Economy Urgently Needs an Update!
So many of today’s problems stem from a basic fact: the last major upgrade to our ‘economic operating system’ came in the 18th century, an era of steam engines and factories.
open.substack.com
November 24, 2025 at 6:49 PM
If we wouldn't use a three-decade-old operating system on our computer, why do we use a three-century-old economic system and expect it to work in the Digital Age?
It's time for an upgrade
open.substack.com/pub/abundanc...
It's time for an upgrade
open.substack.com/pub/abundanc...
what if we had algos designed to benefit users, and not just extract profits from our attention?
November 24, 2025 at 3:43 AM
what if we had algos designed to benefit users, and not just extract profits from our attention?
I don’t know who needs to know this, but networks should not run on corporate business models
November 23, 2025 at 1:45 AM
I don’t know who needs to know this, but networks should not run on corporate business models
Ask not what the algorithm can do for you — ask what you can do for the algorithm
November 21, 2025 at 5:42 PM
Ask not what the algorithm can do for you — ask what you can do for the algorithm
Young people are not wrong to turn against a system that is stacked against them
The question tho is where do they turn? Do they tear down the system, or build something better?
The question tho is where do they turn? Do they tear down the system, or build something better?
November 20, 2025 at 10:48 PM
Young people are not wrong to turn against a system that is stacked against them
The question tho is where do they turn? Do they tear down the system, or build something better?
The question tho is where do they turn? Do they tear down the system, or build something better?
the bad news is that we're on a path to mass unemployment, societal fracturing, techno-feudalism and authoritarian rule
the good news is that we can act to change course
we can make the 21st century the most free and prosperous in the history of the world!
the good news is that we can act to change course
we can make the 21st century the most free and prosperous in the history of the world!
November 20, 2025 at 12:12 AM
the bad news is that we're on a path to mass unemployment, societal fracturing, techno-feudalism and authoritarian rule
the good news is that we can act to change course
we can make the 21st century the most free and prosperous in the history of the world!
the good news is that we can act to change course
we can make the 21st century the most free and prosperous in the history of the world!
The engineering problem of giving everyone access to all knowledge has been solved — the economic problem was not
Same applies to robots & AI
aligning the interests of those building the tech & society can only be done thru networks, not corporations
x.com/elonmusk/sta...
Same applies to robots & AI
aligning the interests of those building the tech & society can only be done thru networks, not corporations
x.com/elonmusk/sta...
Elon Musk on X: "Poverty is an engineering problem" / X
Poverty is an engineering problem
x.com
November 19, 2025 at 8:56 PM
The engineering problem of giving everyone access to all knowledge has been solved — the economic problem was not
Same applies to robots & AI
aligning the interests of those building the tech & society can only be done thru networks, not corporations
x.com/elonmusk/sta...
Same applies to robots & AI
aligning the interests of those building the tech & society can only be done thru networks, not corporations
x.com/elonmusk/sta...