post-scarcity economy
- Richard Lusk

- Aug 31, 2020
- 1 min read
eventually the cost of production will become so low that it may feasibly break traditional capitalistic structures and dependencies, such as scarcity. Capitalism is based upon optimizing scarce resources in a market framework, but what happens when there is enough resources for everyone?
What happens when energy, through nuclear fusion, is indeed "too cheap to measure" ? That was the unfulfilled promise Eisenhower had for nuclear fission. Fusion would drive down costs of production, for basically everything. The confluence of cheap, clean, unlimited energy and continuous automation (with robots, Machine Learning, and generic applications of artificial intelligence) is already putting pressure on the American form of capitalism.
One day, there will be wireless cars, the production of food will further industrialize. Increasing levels of automation will continue to accelerate.
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