[jamesknelson]

This is an issue with more than just the tech industry. It’s an issue with modern society itself.

Take the GDP, the number that when it’s first derivative goes negative, we shout “recession” and use it as an excuse for all manner of harmful (and sometimes beneficial) behaviors. What is GDP? It’s not a measure of wealth; it’s a measure of production.

Take the boots paradox, for example. A society making $50 boots that need replacing after a few months, will have a higher GDP than a society making $100 boots that last for years. And the shitty boots society, despite spending more on boots - to paraphrase Terry Pratchett - will still have soggy feat.

It’s a hard problem, and I can’t see any obvious way to solve it. Both in social networks, and in economics. For whatever reason, consumption seems to be much easier to measure than wealth.