Wednesday, August 24, 2011

Bold Thinkers Boldly Contemplate


The Future of Wealth!

From here, with boldness:

The Future Of Wealth

by Patrick Appel

Sam Harris contemplates it:

[T]here is no reason to think that we have reached the upper bound of wealth inequality, as not every breakthrough in technology creates new jobs. The ultimate labor saving device might be just that—the ultimate labor saving device. Imagine the future Google of robotics or nanotechnology: Its CEO could make Steve Jobs look like a sharecropper, and its products could put tens of millions of people out of work.
...

Yeah, this idea?

It's called "The Midas Plague".

It is a famous short story.

Very, very famous.

Canonical, you might even say.

It was boldly written by Frederik Pohl.

In the bold Year of Our Lord 1954.

Which is a very long time ago.


Here endeth the lesson.

3 comments:

Reamus said...

So this economist wrote to ask him why he was borrowing this littlke story line.

Batocchio said...

Pohl is one of the most ripped-off writers of all time, methinks. It comes from being prolific and good...

the word verification was 'hydra'... hmm... said...

Notice how the modern-art striping on the title makes it read Clit of the Unknown?