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crabmusket an hour ago

> Isn't that the idea?

No, I think the article is not considering a utopian post-scarcity future. It's considering a fully automated paperclip future except the paperclips are bank balances for the 1%:

> corporations and banks do billions of virtual transactions every day with companies that have no product, no service, and not a single employee. The transactions and loans they move back and forth in off-shore accounts do not directly correspond to physical money, or gold, or any actual resource.

The argument in TFA as best I can tell is that "the economy" can be decoupled from "real things". I assume the trillionaire class would each have a few private farms to keep themselves fed, or just eat entirely synthetic produce - but their production needs would be tiny compared to the rest of this "economy" which would mainly be doing... something else?

I can't quite follow it, honestly - despite the author's arguments about what's logical, I can't imagine or believe in a sustainable system not intimately tied to real resources and production.

Even if the trillionaire class uploads their brains into silicon, that silicon has material needs such as electricity. Can't escape the material world.

But that's still not "abundance for all".