Elon Musk has repeatedly discussed a future where AI and robotics could create such enormous productivity that many goods and services become extremely abundant. It sounds difficult to imagine. But look at the past. We may already have experienced smaller versions of the same transformation. Things That Once Cost Money but Are Now Almost Free […]
Imagine Earth thousands of years ago. There is only one man. Let’s call him Adam. Adam wakes up hungry. He catches a fish. He eats it. Later, he wants shelter. So he cuts some wood and builds a small hut. He wants water. He walks to the river and collects it. There is no money.
