sprpstn

3 ms·

1. 1.▲
   by sprpstn 3y ago

   Imagine the economic situation we would be in if the majority of jobs became obsolete in a few years' time. The whole civilization would crumble, possibly hundreds of millions would perish in starvation. How on earth would that be usef
2. 2.▲
   Ben Goertzel: You could probably obsolete maybe 80 percent of jobs(news.yahoo.com)

   2 points by sprpstn 3y ago|2 comments
3. 3.▲
   by sprpstn 3y ago

   With a significant portion of mass consumption missing, wealth would start to erode. Stable inequality could grow up to a certain point, but not without adverse effects on investments. You can only sustain wealth without consumers in an abs
4. 4.▲
   by sprpstn 3y ago

   Consumption is the bottom line of economy. It isnt possible to substitute consumer goods businesses with non-consumer businesses on a larger scale since the latter also rest on consumption. Hence, "who's going to buy in case a sig