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Low Information Voter | 9 months ago (raw) | root | parent | reply | flag +1 
 Read the article. Its a good summary of current thinking among business pages journalists.

Takes Klaus Schwab's "Fourth Industrial Revolution" far more seriously than it deserves. Schwab's is not an industrial revolution of any sort, merely a financial and political one.

None of those technological changes discussed are decisive, or even important, when it comes to steel, concrete, plastic and ammonia, the things a first-world lifestyle are actually built from.

There is no post-scarcity. Important things are getting scarcer, especially per capita, and that's ignoring war, misrule and climate-change-abatement
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ish4k | 9 months ago (raw) | root | parent | reply | flag 
 there ain't, indeed. tho they might be considered embedded "value"? my generation hasn't taken wef seriously enough. there was resistance, ofc, seattle 99 for instance, then a shy one with wsf that didn't last too long. now, here we are. underestimate wef is not the way, imho. that's exactly what business journalism does – either that or we're not reading the same sources, lol. anyways, post-scarcity to who exactly? first world, as you've pointed out? third world countries are in a never-ending scarcity since always. post-scarcity will be a problem if world population continues growing, which I don't think it'd be the case in the next couple of decades. even so, third world countries would still be first world's backyard so it wouldn't happen to those who survive. africa, mainly, and china is taking care of it. post-scarcity, in this sense, seems more a planned excuse to justify the incoming chaos they themselves are building up. neoliberalism has always been bout monopolies with state's approval (in post-modern era, with global governance's approval) and that's precisely what we're seeing nowadays in an unprecedent way. which would only get worse with scarcity, oke. farmers convoys in germany and france are all bout it. scarcity which, in its turn, will concentrate even more power in the hands of monopolies (AI, quantum computing, power grinds, lab meat, big pharma, big tech etc you name it). thus: I don't see much difference, in practice, between industrial/financial/political arenas. whoever got one of em, got em all.