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What America, and the world needs, is not jobs, but the ability to be free of the constraint of needing to finding a mean to live. One way to reduce the constra
by kiba 13y ago
What America, and the world needs, is not jobs, but the ability to be free of the constraint of needing to finding a mean to live. One way to reduce the constraint is to reduce the cost.
Some of the biggest cost for the average American household is housing(34.1%), food(12.4%), and transportation(17.6%). http://visualeconomics.creditloan.com/how-the-average-us-consumer-spends-their-paycheck/ http://visualeconomics.creditloan.com/how-the-average-us-con...
Housing is mostly a regulatory or social issue. People do not need lawns or lot of space. There is a tendency for people to buy the biggest house they can afford. It's also because of zoning restrictions that prevent high density construction, and developer's disinterest in cheap housing. High standard building code obviously contributes to the cost of engineering and developing housing, but they are solvable through technological development. There's also the problem of the network effect and the economy of scale of high density constructions leading to more people emigrating to the city, increasing the demand for housing.
Food, on the other hand, are easily leveraged with technological development, especially with GM crops. Growing meat in factories will be much more efficient and ethical than growing complete organisms like cows or chickens. Food wastage is a major problem. In the US, half of the food is wasted. If somebody could solve the problem of food wastage, that mean a corresponding reduction in the food budget of the average American and perhaps the world. http://www.foodproductiondaily.com/Supply-Chain/Half-of-US-food-goes-to-waste http://www.foodproductiondaily.com/Supply-Chain/Half-of-US-f...
In the future of transportation, electric will be the primary mean of transportation except rockets as they are much more efficient than ICE and have a lower total cost of ownership. The question is merely about how fast can we diffuse the technology. Governments around the world can help by taxing carbon emitting transportations as opposed to subsidizing the electric startups, which could be seen as political favoritism. We could also drive the cost down by making public transportation better and widespread, accelerating the development of self driving cars, and reduce traffic rush hours by implementing congestion charges.
Overall, the toughest challenge is definitely housing, because housing appears to be least amicable to technological leverage. However, if you can make headway into the biggest cost to the average household, our need to work in order to live will be drastically reduced.
- pchristensen 13y ago"...developer's disinterest in cheap housing" Developers want to build profitable housing. Housing that is currently legal to build is less expensive and less risky than pursuing zoning changes. In any expensive metro, developers build exactly as much as legal to build, and use excess capital to pursue speculative re-/up-zonings of unbuildable land. That option is only available to the biggest homebuilders. Developers were happy to build NYCs slum tenements when they weren't quantity-constrained.