[extropy-chat] economics of scarcity to economics of plenty

[BillK]

On 11/1/05, Brian Atkins wrote:
> All this competition sounds offputting I guess to some folks, but the nice thing
> is if you can reach a high enough point (it's actually not that high), you can
> hire employees (or perhaps some form of AIs in the future) to run some or all
> the day to day stuff for you. It doesn't have to be a neverending effort on your
> part personally for eternity if you don't enjoy constant competition (although
> you should try and pick a nice that you enjoy working in - this is another
> advantage of being a capitalist vs. working for someone else). And of course
> most people hope to develop enough assets eventually to increase their
> flexibility to the point where they can retire.
>


But.....
All our machines will be doing the work. There won't be competition
anymore. Humans will be permanently retired. That was Spike's ideal
scenario.

It will be a future of hobbies, hairdressing, painting, interior designing, etc.

BillK