Uncategorized
Let’s Build an Automated Abundance Economy

We’re living through a technological shift unlike any in history. As artificial intelligence and robotics rapidly evolve, they’re doing more than just changing how we work—they’re changing why we work. Over the next decade, if humanity can share automation tech evenly across society, we’re facing the real possibility that most people simply won’t need to work to survive. Some futurists, including myself, are calling this the Automated Abundance Economy.
The basic idea is straightforward: once machines can do most jobs—like farming, construction, healthcare, education—the essentials of life can be produced in abundance, with very little human labor. In that world, wealth stops being the reward for work and becomes a shared outcome of automation.
At the heart of this shift are two forces: near-total automation and a proposed universal basic income (UBI). Machines and software are getting better, faster, and cheaper, and they’re already replacing some jobs en masse—from factory floors to fast food counters. Probably within five years, machines will routinely build our homes, grow our food, teach our kids, and care for the elderly. That kind of productivity will generate immense wealth, even if humans aren’t the ones directly creating it anymore.
So how do we make sure that wealth benefits everyone? That’s where UBI comes in. It’s not welfare—it’s a dividend. A share of the value created by automation, distributed to every citizen simply because they’re part of the system that led to this exact economy.
Critics will say this is socialism, but it’s not. The Automated Abundance Economy still supports private ownership, entrepreneurship, and innovation. People who invest in automation will see returns. But the system would also be taxed or regulated so that a portion of that wealth comes back to the public in the form of UBI, stock options from AI companies, or similar ideas.
In this context, UBI and other social monetary programs become a kind of economic citizenship—a guarantee that you’ll have access to food, shelter, healthcare, and education, without having to punch a clock. It also challenges the old idea that a person’s value is tied to their job. In this future, we all have intrinsic economic value just by being alive.
Of course, even though work won’t be a requirement for survival, many people will still choose to work. But in this new system, motivation will be intrinsic, not economic. Creative fields, gig work, writing, design—these will flourish. And since survival isn’t on the line, people can afford to take risks, experiment, or fail without fear.
Some parts of this are already happening. Automation is steadily pushing humans out of repetitive and manual jobs. The Automated Abundance Economy just follows that trend to its logical conclusion. Because when machines can handle everything from cleaning to caregiving, it forces us to ask: what do we want to do with our time, if survival no longer demands most of it?
The answer could be a global cultural renaissance. A world where creativity, curiosity, and connection define daily life; a world where everyone has the chance to be a maker, thinker, or explorer. We may finally have the time and freedom to fully explore human potential, no longer bogged down by the daily grind.
The Automated Abundance Economy is not just about work, either. Futurists like me want the government to give or lease a humanoid robot to every American household. These robots would handle everyday chores—like cooking, cleaning, and doing laundry—saving hours each week for families. Over time, owning a personal robot might be as normal as owning a smartphone today.
Even governance could evolve. If machines can enforce safety, compliance, and even legal standards, we might not need as much traditional bureaucracy. Public systems could be managed by transparent AI trained on ethical frameworks and shaped by citizens. Some even suggest models like liquid democracy, where people vote on policies directly, feeding those preferences into intelligent systems that execute decisions.
What I like best about the Automated Abundance Economy is it avoids the worst of both capitalism and socialism. It doesn’t aim to destroy markets or ban private ownership. Instead, it keeps innovation alive while making sure no one is left behind.
Still, none of this will be easy. If we’re not careful, automation could concentrate wealth and power even further. Surveillance, job displacement, and cultural backlash are real risks. Engineers alone can’t shape this future—we’ll need ethicists, artists, policymakers, and everyday people at the decision table. It has to be ethical, inclusive, and democratic.
Like it or not, the Automated Abundance Economy is coming far faster than most people realize. Our task isn’t to fight the future—it’s to guide it, to shape a society where freedom, fulfillment, and human dignity aren’t just reserved for the lucky few. This isn’t just a new kind of economy; it’s a new way of life, one society should embrace.
Business
Crypto Trading Firm Keyrock Buys Luxembourg’s Turing Capital in Asset Management Push

Crypto trading firm Keyrock said it’s expanding into asset and wealth management by acquiring Turing Capital, a Luxembourg-registered alternative investment fund manager.
The deal, announced on Tuesday, marks the launch of Keyrock’s Asset and Wealth Management division, a new business unit dedicated to institutional clients and private investors.
Keyrock, founded in Brussels, Belgium and best known for its work in market making, options and OTC trading, said it will fold Turing Capital’s investment strategies and Luxembourg fund management structure into its wider platform. The division will be led by Turing Capital co-founder Jorge Schnura, who joins Keyrock’s executive committee as president of the unit.
The company said the expansion will allow it to provide services across the full lifecycle of digital assets, from liquidity provision to long-term investment strategies. «In the near future, all assets will live onchain,» Schnura said, noting that the merger positions the group to capture opportunities as traditional financial products migrate to blockchain rails.
Keyrock has also applied for regulatory approval under the EU’s crypto framework MiCA through a filing with Liechtenstein’s financial regulator. If approved, the firm plans to offer portfolio management and advisory services, aiming to compete directly with traditional asset managers as well as crypto-native players.
«Today’s launch sets the stage for our longer-term ambition: bringing asset management on-chain in a way that truly meets institutional standards,» Keyrock CSO Juan David Mendieta said in a statement.
Read more: Stablecoin Payments Projected to Top $1T Annually by 2030, Market Maker Keyrock Says
Business
Crypto Trading Firm Keyrock Buys Luxembourg’s Turing Capital in Asset Management Push

Crypto trading firm Keyrock said it’s expanding into asset and wealth management by acquiring Turing Capital, a Luxembourg-registered alternative investment fund manager.
The deal, announced on Tuesday, marks the launch of Keyrock’s Asset and Wealth Management division, a new business unit dedicated to institutional clients and private investors.
Keyrock, founded in Brussels, Belgium and best known for its work in market making, options and OTC trading, said it will fold Turing Capital’s investment strategies and Luxembourg fund management structure into its wider platform. The division will be led by Turing Capital co-founder Jorge Schnura, who joins Keyrock’s executive committee as president of the unit.
The company said the expansion will allow it to provide services across the full lifecycle of digital assets, from liquidity provision to long-term investment strategies. «In the near future, all assets will live onchain,» Schnura said, noting that the merger positions the group to capture opportunities as traditional financial products migrate to blockchain rails.
Keyrock has also applied for regulatory approval under the EU’s crypto framework MiCA through a filing with Liechtenstein’s financial regulator. If approved, the firm plans to offer portfolio management and advisory services, aiming to compete directly with traditional asset managers as well as crypto-native players.
«Today’s launch sets the stage for our longer-term ambition: bringing asset management on-chain in a way that truly meets institutional standards,» Keyrock CSO Juan David Mendieta said in a statement.
Read more: Stablecoin Payments Projected to Top $1T Annually by 2030, Market Maker Keyrock Says
Business
Gemini Shares Slide 6%, Extending Post-IPO Slump to 24%

Gemini Space Station (GEMI), the crypto exchange founded by Cameron and Tyler Winklevoss, has seen its shares tumble by more than 20% since listing on the Nasdaq last Friday.
The stock is down around 6% on Tuesday, trading at $30.42, and has dropped nearly 24% over the past week. The sharp decline follows an initial surge after the company raised $425 million in its IPO, pricing shares at $28 and valuing the firm at $3.3 billion before trading began.
On its first day, GEMI spiked to $45.89 before closing at $32 — a 14% premium to its offer price. But since hitting that high, shares have plunged more than 34%, erasing most of the early enthusiasm from public market investors.
The broader crypto equity market has remained more stable. Coinbase (COIN), the largest U.S. crypto exchange, is flat over the past week. Robinhood (HOOD), which derives part of its revenue from crypto, is down 3%. Token issuer Circle (CRCL), on the other hand, is up 13% over the same period.
Part of the pressure on Gemini’s stock may stem from its financials. The company posted a $283 million net loss in the first half of 2025, following a $159 million loss in all of 2024. Despite raising fresh capital, the numbers suggest the business is still far from turning a profit.
Compass Point analyst Ed Engel noted that GEMI is currently trading at 26 times its annualized first-half revenue. That multiple — often used to gauge whether a stock is expensive — means investors are paying 26 dollars for every dollar the company is expected to generate in sales this year. For a loss-making company in a volatile sector, that’s a steep price, and could be fueling investor skepticism.
-
Business11 месяцев ago
3 Ways to make your business presentation more relatable
-
Fashion11 месяцев ago
According to Dior Couture, this taboo fashion accessory is back
-
Entertainment11 месяцев ago
10 Artists who retired from music and made a comeback
-
Entertainment11 месяцев ago
\’Better Call Saul\’ has been renewed for a fourth season
-
Entertainment11 месяцев ago
New Season 8 Walking Dead trailer flashes forward in time
-
Business11 месяцев ago
15 Habits that could be hurting your business relationships
-
Entertainment11 месяцев ago
Meet Superman\’s grandfather in new trailer for Krypton
-
Entertainment11 месяцев ago
Disney\’s live-action Aladdin finally finds its stars