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And, as everything is completely automated, what use for money is there? (In the following argument, I am assuming free energy via solar / water / wind combina
by Annatar 10y ago
And, as everything is completely automated, what use for money is there?
(In the following argument, I am assuming free energy via solar / water / wind combination, which is perfectly doable today, but isn't fully implemented for logistic and political reasons. Yet.)
If you have everything fully automated to the point that it doesn't cost you or anyone else to produce it, what would be the point of attempting to sell it? And why would anyone buy anything, if everything is automatically produced for free?
- TheCoelacanth 10y agoEven if scarcity of labor goes away, there will still be scarcity of energy and natural resources. We would still need money to apportion the limited resources. We would likely be fantastically wealthy by the standards of today, but there would still be some limits.
- pwnna 10y agoAs a sibling comment has said, there are scarcity of energy and resources. Now let's even pretend that can be a solved problem (not that I think it is possible, just from a physics POV): there will still be a transitional period where the issues I outlined will exist, and all of my arguments still apply during that period.