Who would have predicted that boring old life insurance would become the ‘killer app’ that makes human replication technology truly transformational? But that does seem to follow from the logic of the situation.
The arguments for information-based life insurance are even more compelling than the arguments for teleportation. The advantages of travelling as information are speed, convenience, cost, and sustainability (in the form of lower carbon emissions). The final product is the same as conventional travel – the customer is (to all intents and purposes) transported from place A to place B. But in the case of life insurance, the product is radically transformed. Whereas traditional insurance merely mitigates the damage of death by providing monetary support to surviving family, the new insurance warrants the life of the policyholder by – in the event of his death – restoring him from a backup file. It changes our relationship to death, which is no small matter. Continue reading “Life Insurance as Game Changer”