Isaac Arthur, the chap who never shys away from asking the big questions, ponders what if humanity never reaches “Post Scarcity”?
The idea of a post-scarcity society, where technology has advanced to where robots and automation can produce enough resources to meet the needs of every person on the planet, has long been a topic of discussion and speculation. In this utopia, everyone would have access to food, shelter, and necessities without the need to work, allowing people to focus on their passions and creativity. However, the question remains: what if we never reach this point of technological advancement?
One probable outcome is that the gap between the rich and the poor will continue to widen. The wealthy will have access to the latest technologies and resources, while most people struggle to make ends meet. This could lead to increased social unrest and political instability.
Another possibility is that the current trend of automation and job displacement will continue, leading to high levels of unemployment and underemployment. This could cause a decrease in consumer spending and economic downturns.
In addition, resource depletion and environmental degradation could become major issues as the global population continues to grow and the demand for resources increases. Climate change and other environmental problems could exacerbate these issues and lead to widespread poverty and suffering.
Some experts believe that with the right policies in place, such as universal basic income, education and retraining programs, and investment in sustainable technologies, it may be possible to mitigate some of the negative effects of not reaching a post-scarcity society.
While the idea of a post-scarcity society is appealing, it is uncertain whether we will ever reach this point of technological advancement. If we don’t, it is important to consider the potential consequences and take steps to mitigate them in order to ensure a prosperous and sustainable future for all.