2 ms·
Meanwhile entropy is eroding the value of many of the made and manufactured things in the world. Termites are eating houses, cars are wearing out, children are
by xyzzy123 5y ago
Meanwhile entropy is eroding the value of many of the made and manufactured things in the world. Termites are eating houses, cars are wearing out, children are breaking toys, clothes get holes in them...
- munk-a 5y agoIf you're interested in the scenario where that depreciation outpaces all else I might suggest reading the Foundation by Asimov series which includes an empire in its sunset and suffering from systems collapse. If we were in such a situation it'd be pretty clear to everyone as maintenance costs would prevent any sort of productive activity. I personally think that, short of a sudden disaster that causes extreme knowledge loss, a systems collapse is infeasible in the modern world since we've invested so much of our ongoing maintenance into detecting these sorts of insidious critical failures. But, in short, those depreciations are far outweighed by value creation right now.