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this post was submitted on 08 Jan 2024
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The real answer is it's not up to me to decide. But since we're talking hypothetical and it doesn't matter anyway...
My first thing would be that money is a concept that should no longer exist. It served humanity well as we progressed, but we have reached a point now where there are enough resources to go around if they were utilised and shared correctly, and money and the greed it causes is now holding us back. So I would prefer to just have your question be meaningless. There are plenty of people who would love to be artists but can't afford to stop working. There are plenty of people who would love to create products to use that art, but can't justify the financial risk. And there are also a lot of people who want to use generative AI in their project. There's enough room in the world for all of us.
And now to answer your real question: £10million. That's my threshold for "rich person" in general. It's enough money to be set for life and any more than that is greedy and other people or charities could use your money better than you.
I appreciate the thought and I agree with you. My question was open ended and not directed at you.
It would be nice indeed to go into the post scarcity society you describe where everyone can be whatever they want.
I guess my point was that it's a limit that society will eventually put in place, but it will be tumultuous before that.