This is part 2. Part 1 discusses the relationship between power and key holders. Part 2 discusses this in terms of dictatorships and democracies.
Today I learned that even in a democracy, there are key holders that those in power must keep happy. It is interesting to review this video and reflect on who those key holders must be.


This is the biggest thing that is concerning to me about AI, and more generally the devaluation of labor. If the people have declining productive negotiating power (our skills becoming less relevant to the production of wealth), by these principles it could lead to a devolution away from democracy. This seems to fit with what has been happening in the USA lately.