I think it will simply become impossible to keep digital payment systems secure. The whole online economy will collapse. Amazon will become worthless. People will actually have to go out to local stores to buy everything. People will have to go to their local bank or currency exchange to cash their paychecks. The credit card system will fail completely too, while payday loans will take their place. The stock market will have to go back to traders yelling their trades to each other at exchanges. The old ways will become new.

  • GamingChairModel@lemmy.world
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    7 hours ago

    Any cryptography can be broken with enough computing power and time,

    This is wrong. A one-time pad is provably secure against an adversary with infinite time and infinite computing power.

    And there isn’t infinite time or computing power. The math means you can use keys that can’t be cracked before the heat death of the universe, using even as many transistors as there are atoms on earth.

    There will always be vulnerabilities and patches. I wouldn’t count on them actually breaking trust forever. And AI doesn’t have anything to do with that general statement.