| ▲ | Retric 3 days ago | |
No, I’m saying solving obesity reduces the need for food. Did you not see the post directly below this one posted 6+ hours before your comment where I said: “For clarity, Ozempic etc have actually measurably decreased food consumption.” Technology isn’t going backwards, we can expect increasingly effective medications with fewer side effects at lower costs to drive down food demand over time. Policies designed to prop up production in the face of falling demand are deeply flawed. If you want to give people money, give them money, don’t give them lots of money so they can keep a little bit while they waste resources producing something without value. | ||
| ▲ | fc417fc802 3 days ago | parent [-] | |
Apologies, I saw it at the time but failed to follow. IIUC you're saying that subsidies will tend to ratchet in only the one direction. To be clear I don't object at all to the idea of optimizing how subsidies are determined. I just don't think that subsidies and the resultant overproduction are a bad thing in general. I'm all for efficiency in the general case but I think a fair amount of paranoia is called for regarding long tail scenarios that lead to famine. | ||