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"There's no reason to believe there is any limit on the amount of newly created wealth consumers can absorb" I think Michael H. Goldhaber's work on the "Attent
by LeBleu 18y ago
"There's no reason to believe there is any limit on the amount of newly created wealth consumers can absorb"
I think Michael H. Goldhaber's work on the "Attention Economy" gives reason to believe there may be a limit. When there is enough traditional wealth (goods and services), then time to enjoy it becomes the new scarcity.
Of course, if the limit is every consumer being ecstatically happy every waking moment, we have a loooooong way to go before we reach the limit.
- RPatershuk 18y agoIt's thought that eventually everything will be commoditized. If there is innovation all thie time in everything; will innovation be commoditized because of a limit to rapidly changing expectations and information overload? Check it out with your local philosphy professor Otherwise I did like the premise of the essay