[slopinthebag]

If that happened, Farrari's would simply lose their value and something more rare would take it's place. The scarcity is the point. Same with art, if you "democratise" it somehow humans will seek out a new form of artistic expression that is not accessible to people with a $10 midjourney subscription. And that is OK, good actually.

[brookst]

Perhaps to some degree, but there is intrinsic value to a Ferrari if you enjoy driving. That doesn’t change with scarcity.

But I agree, and even celebrate, that a hypothetical future with abundance will be bad for speculators and the luxury-obsessed, and great for people who enjoy the first-order benefits of products.