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> the living standard in developed world has to drop. That depends on how you define "living standards." For example, the USA can probably afford to lose a LOT
by naravara 4y ago
> the living standard in developed world has to drop.
That depends on how you define "living standards." For example, the USA can probably afford to lose a LOT of consumer products spending while still raising HDI metrics by simply reallocating how resources are committed. We prioritize spending in a lot of places that don't really return much in the way of physical or spiritual well-being. Think car-dependent infrastructure which mostly just serves to raise need for spending on vehicles and infrastructure. Think fast fashion which mostly serves to accelerate trend cycles so people buy clothes more often than they did otherwise. There's a lot of consumer needs that are socially-pressured here.
- powerapple 4y agoWhat you are saying is absolutely true. The problem is that not everyone is going to think this way. Not having something is easy, but not having something after you had it is hard. The only way to keep the living standard high is actually technology, especially robotics. I am both pessimistic and optimistic on this. I can see a bright future for mankind slaving robotics, but I can also see technology will be guarded as weapons. The same reason in this world we have abundant stuffs and we also have people lacking of basic electricity.