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> "People like to trade stuff. This means there will always be things people want to trade. This means money, commerce, and scarcity aren't going anywhere." Su
by ZenoArrow 10y ago
> "People like to trade stuff. This means there will always be things people want to trade. This means money, commerce, and scarcity aren't going anywhere."
Sure, there will continue to be trade, but the need/desire to trade will be reduced.
To look at how/why, you need to look at decentralised production. Technologies like 3D printers promise to be able to produce many of the products we currently trade for, and this goes beyond the plastic trinkets people currently associate with 3D printers (there are already 3D printer devices in the fields of clothing, food, medicine, heavy machinery, etc...). So whilst there will be trade for the raw materials, why would you pay someone else to make something for you when you have access to a machine to do it for you (note that I said access, not ownership, I don't expect everyone will own a device that can create a car, for example)? It makes sense for people to cut out the middle man when the end result is just as good as they could've gotten by paying a premium.
There will still be people wishing to trade for things they can't get for low cost locally, but there will be a lot of industries disrupted by the ability of people to produce their own consumer goods.