| >The idea of a consumer based economy has always appeared dumb to me. Ok let's play devils advocate and remove consumption from the economy. Now it's all investment. You go to work and build an AI datacenter and then never turn it on. You then think yourself, well if nobody is going to use it, I don't have to keep building AI datacenters! You stop building AI datacenters. You then realize, you still have all the parts and materials to build AI datacenters, but you don't need them either. You demolish the semiconductor fabs, since there is nothing to do with the chips. You also remind yourself that housing is a consumer good. Construction materials are unnecessary, so you shut down the quarry mining them and demolish your house. Now back to being a "homeless" farmer growing crops. It is time to harvest, you wake up in the morning, but you get a realization. Eating is consumption! If you don't eat, you don't have to tend the farm. You decide to consume what's left of last year's harvest, refuse to harvest this year's crops, go back to sleep and avoid doing the backbreaking work. A month later the harvest has spoiled on the field, your food has run out and you're starving to death, while thinking to yourself how stupid the consumer based economy is. >Machines don't need to be motivated to work, they just need energy, materials and obeying to whoever controls them. That sounds a whole lot like consumption to me. |
Complete automation allows us to turn that circle into a kind of arrow, where there is no incentive to keep human consumers within the value loop. Whoever controls the automation controls where that arrow goes.
That control can come in forms---fully-autonomous weapons, a surveillance state---which complete break the average person's typical understanding of the concept and incentives of "The Economy"
Or... I'm just an idiot, and I'm making too many assumptions or missing something.