Human needs and desires are infinite, while resources are always limited. We already live in a world of abundance, but it is never enough, we want more, and we always will.
⚡️🎙️ NEW - Vinod Khosla says most modern work is a form of servitude.
He calls it survival. Economic necessity dressed as labor.
AI will end this and give us time for care, mastery, and meaning.
“I'd be shocked if it didn't happen by 2060, where we live in a world of abundance.”
https://blossom.primal.net/2e659ecb1d4369682066c100beb9a2996c17a60e7467fd10378b1a0a63a36b11.mov
Discussion
It's also a distribution issue (---not implying communism is a solution). From the perspective of Kings 500 years ago, we would be living in an age of abundance already---more food than we need, transportation that takes us anywhere on Earth, all of human knowledge readily accessible, magical technology... Yet a post-scarcity state is nowhere in the radar.
I do not think this is a huge problem. Look at cellphones in the early 90s, they were luxury items for rich businessmen, but now everyone has one. The only cost that keeps going up and up is human labor, and that is what drives service prices to insane heights. The moment every business and individual can afford universal robots, costs will drop and everything will cost peanuts, because that is how the free market works. All the extra resources, extra money, and extra time will be put into something else, simply because we will want something else.
We have a corrupt fiat money system that needs to be fixed first. Otherwise all that extra resource, labor, and time will go into longer hours of soulcrushing busywork.