Vibes Are a Legitimate Economic Indicator

So what is the end game? What happens if we reach a “vibe singularity” in all forms of art, where anyone can create anything by typing a few phrases? How does status get signaled through aesthetic vibes when all the vibes are free?

Something similar is currently happening in the virtual world. Online scarcity is possible. Virtual land can be valuable if it provides exclusive access to a unique flow of economic opportunities — in the same way that a domain name can be valuable. As such, virtual land can indeed be scarce. But the fundamentals are tough to read, the number of ne... See more