3 ms·
>> We're entering a post-scarcity period of abundance. Let's say that would be the case. Doesn't it really break most economic theory we're used to and we'd ha
by petra 11y ago
>> We're entering a post-scarcity period of abundance.
Let's say that would be the case. Doesn't it really break most economic theory we're used to and we'd have to design our systems and measurement tools from scratch ?
And even if it's partially true, and we're in a strong deflationary period, doesn't it makes gdp measurements much less valuable ?
- dredmorbius 11y agoLet's say the Moon was made of cheese. I find the possibility too unlikely to be worth considering. That said, it's usually a reliable indicator I can close the tab, turn the page, close the book, or otherwise move on. Before you invest too much more time with the concept, I'd suggest picking up a good ecology textbook.
- petra 11y agoThat was just a theoretical question to understand how does GDP looks in post-scarcity or deflationary periods. And yes I agree that were far from post scarcity ,but wasn't the internet somewhat deflationary?