alt Hacker NewsWhen there really aren't any jobs for the former window repair man to do, we are in a "post scarcity economy", which could be a utopia where everyone lives in comfort and has more leisure time.
Or of course, a few billionaires could hoard the wealth.
There's a Wikipedia page about it.
We could be in a post scarcity economy now, except that generally instead of realising we all have enough of we share, we raise the threshold of what we consider to be enough comfort and stuff.
>could be a utopia where everyone lives in comfort and has more leisure time.
It definitely could be. With current trajectory as of now, do you think it will be?
>except that generally instead of realising we all have enough of we share, we raise the threshold of what we consider to be enough comfort and stuff.
I see the opposite sentiment. I see previous basic necessities further out or reach then they were last generation. People aren't raising their standards, they are sinking towards poverty.
But then their worries are dismissed because they can get a flatscreen TV for 200 dollars. A TV that is likely feeding your data back to corporate to make thousands off you.