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by siriusastrebe 33 days ago
The globalized economy has demonstrated that a single country and supply the majority of the world's manufacturing needs, at least for a while.

Taiwan creates most of the worlds semiconductors. China makes the majority of everything else. Silicon Valley created a majority of the tech market's value.

But there's a cap where the world has enough stuff at least in the short term, and growth slows.

Humans only need a certain amount to survive. With populations leveling out, industry will shift from servicing human needs, to the needs of corporations and other industries. Consumers will become a minority in the future economy.

What will corporations value in the future, that they're willing to spend on recurring human capital expenses? I think the answer will always be: the tasks that will help companies grow.

1 comments

Why would companies want to grow if there is no more demand by consumers? I understand that "b2b" exists, but surely all production and commerce is ultimately about satisfying (or creating) demand for consumption? Why would companies want to keep growing if there is no demand for their products?