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I wasn't able to read through the entire story, but I think Karl Marx was onto something. What I suspect will happen is we will transition into a post-scarcity

I wasn't able to read through the entire story, but I think Karl Marx was onto something. What I suspect will happen is we will transition into a post-scarcity economy. The only question for me is how long it will take, and how painful the transition will be. I also suspect (although with somewhat less confidence), that the transistion will occur by a single individual having gradually diminishing works hours, and a gradual increase in government 'welfare'.

zem 14y ago
the "two visions" were how to screw up and how to embrace the post-scarcity economy respectively. the problem is that the currently-rich will have first crack at the cornucopia and they could easily feel they have somehow earned the right to it, and need not share it with the currently-poor other than via crumbs of charity.