So yesterday I proposed that we are fast
approaching a point where a significant amount of the economy will be
automated making jobs largely a thing of the past, and that the signs of
this can already be seen. So what happens then?
Before we can explore that I want to dig into
something I mentioned in passing last week. Virtual reality (VR). We are
just now hitting the point where virtual reality is reaching the level
of technological refinement that it is both affordable
and enjoyable. In the time frame we are talking about, say 20-30 years
in the future, VR will have become THE medium for entertainment and
media. Non VR entertainment will exist I'm sure, but VR will be
considered the pinnacle. Not only that but it will be
incredibly immersive even by today's standards and will probably not
cost much more than it does now if not a bit less $600 (Oculus Rift).
I believe this is important on a much deeper level
than simply an example or showing technological progress. Truly
immersive VR promises to shift the balance of economics in a fundamental
way. The digital world is limitless. If I write
a piece of software I can make unlimited copies of it and theoretically
give it to every single person on earth without increasing my
production costs at all. That was a huge shift that brought about what
we see today as the internet age. With VR you are taking
a person and putting them into a digital world. And with high level
immersive VR you are putting them into a digital world that they may
very well be happy to stay in a significant amount of the time. A world
where they can have any digital belongings they
could want. Any identity they want. Anybody they want. All at
effectively zero economic cost.
This would be the final disassociation between supply and demand. Economics does not work here.
What would this look like? It would mean a
significant percentage of the population would not need to work, and
quite possibly couldn't even if they wanted to. However, given the high
level of automation we would not need them to. They
would be free to plug in to the VR world of their choosing and live
whatever VR life they wanted to. As long as they had basic food,
shelter, and an internet connection they could and many would be happy
enough to stay there.
Here is where the fork enters. Is this, as
described a utopia or a dystopia? Partly it depends on your perspective
and partly it depends on what happens next. Unfortunately I am not sure
that we can predict that outcome. Even if I am 100%
right that this happens the next part is unpredictable I think. It
could be a close parallel to internet use today, or it could be some
kind of emergent effect that only makes sense when you look back at it
and maybe not even then.
The freedom it would give would be amazing. It
would unleash human creativity beyond even what the dawn of the internet
brought about. Freed of economic concerns we could focus on creating
beautiful and amazing things. We could connect
with the world and each other more intimately than this physical world
could ever allow.
However, it could be the most draconian dystopia
imaginable. Constant control and surveillance. Ultimate suppression of
all dissent and unauthorized thought and activity. Every part of every
action you take could be observed and evaluated.
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