The current economy including GDP does not account for garbage and co2 emisssions. If we only optimize in one dimension for maximum GDP output then we will have

The current economy including GDP does not account for garbage and co2 emisssions. If we only optimize in one dimension for maximum GDP output then we will have huge economic output and also destroy the planet we are living on. We should optimize for gross happiness and long term sustainability. Gross happiness include more vacation, using sustainable materials like wood and metal instead of cheap plastics. Recycle more materials in the goods we consume so that its a continuous cycle instead of buy consume and throw. If we prized the carbon emission on the production and transportation of all goods we would have a totally different economy. The automation economy allows us to be both rich and have more spare time.