4 ms·
Prices will also go down dramatically. When you eliminate human labour completely, you are essentially stuck with the problem of efficiently allocating raw mate
by olalonde 2mo ago
Prices will also go down dramatically. When you eliminate human labour completely, you are essentially stuck with the problem of efficiently allocating raw materials. And raw materials are abundant compared to what human labour can currently produce. We're still a long way from there though.
- fittingopposite 2mo agoNot true. Raw materials depend on energy to extract and are geopolitically not a straight forward thing given that most materials are concentrated in few locations on our planet.
- morkalork 2mo agoIf resources cost next to nothing to extract and process, isn't that speed running strip mining of the entire planet? Then what?
- olalonde 2mo agoYou mine the landfills. Or asteroids!
- arizen 2mo agoThere are also markets with scarce supply, like desired properties in prime locations. Probably some other similarly structured markets, as well. So there is also a question, what would be happening to these.