3 ms·
Regardless of lifespan we are going to move into a post scarcity economy, where wealth won't mean what it does today. We must do it because we can already see
by russell 18y ago
Regardless of lifespan we are going to move into a post scarcity economy, where wealth won't mean what it does today. We must do it because we can already see the decline of extracted resources like oil and minerals. We will do it because we can. The internet has enabled telecommuting. Telecommuting enables the move to smaller communities where housing is cheaper. As robots get more capable they will take over the manufacturing base.
I think we are closer to a post scarcity economy than we realize. The biggest big ticket item is housing. The biggest item in the cost of housing in sub/urban areas is land. If we disperse to small towns, the cost of land goes down. If housing were really low cost and we telecommuted, maybe 10 or 20 hours of work per week would meet our needs. Suppose we adopted a Peace Corps/Habitat for Humanity model. After school/college a person spent 3 years building housing, including their own? Maybe all he has to mortgage is the land and materials. Maybe not even that.
Add other ideas like a robot taxi service, 3D copying machines, reasonable health care; and the need for much of the need for the credit economy would disappear. I don't view this as a socialist utopia, more a natural evolution of our current market economy. It still has lots of room for entrepreneurs (less for VCs), volunteers, and open source whatever.
- nazgulnarsil 18y agoi truly hope so. wealth in a post scarcity world will revolve around experiences that people value, i.e. fun.
- Raphael 18y agoThis sounds really cool. The only problem is that people like to congregate, but maybe virtual reality could help.
- sadfsa 18y agoThe only problem with your 10-hour workweek is that, as living expenses go down and people try to stop working, wages drop also (because workers won't complain as much if the cuts won't put them out on the street), so you'll still have to work two full-time jobs to keep your cheap house surrounded by endless farmland.