...
The time for ideas and institutions of the past epoch is quickly running out. The time for modernization is now. Change is the only constant.
From smart contracts to smart regulations we can rest assured that these shifting dynamics will present sizable opportunities for those who are prepared to seize them.
...
Though you are correct that over time this type of system will need to be created and
implement to keep pace with advancements in different areas of society as well as the
eventual advancement where AI will directly and on their own accord tell humans
how to become more efficient in different areas, all data will need to be monitored
and maintained to a point in which civil liberties and other freedoms, beliefs, and
assumptions that humans in certain countries take for granted today, will be
non-existent. This system can not maintain certain rights and do its full job.
The reason why change has not already occurred is not due to limitations, but fear.
Are you willing to give up your rights, so that we can detected the crime in real time?
That is the future, if civilization continues to evolve as is.