Thesis: money = negative entropy, wealth = heat/bound energy, prices = coldness/inverse temperature, Baumol effect = heat diffusion, arbitrage opportunity = free energy.
Maybe this mainly works because the economy is intelligence-constrained (since intelligence works by pulling off negentropy from free energy), and it will break down shortly after human-level AGI?
Thesis: money = negative entropy, wealth = heat/bound energy, prices = coldness/inverse temperature, Baumol effect = heat diffusion, arbitrage opportunity = free energy.
Maybe this mainly works because the economy is intelligence-constrained (since intelligence works by pulling off negentropy from free energy), and it will break down shortly after human-level AGI?