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Stanford scientists regrow lost cartilage and reverse arthritis in major breakthrough (www.sciencedaily.com)
submitted 4 months ago by to c/technology@lemmy.world
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[–] 1 point 4 months ago (1 child)

Are there enough people at the current system where the top 1% get 99% of the resources? ¯\_(ツ)_/¯

But there will 100% be enough people to keep the basics going

We are thousands of times more efficient than we were a couple hundred years ago.

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  • [–] 1 point 4 months ago

    The top 1% don't get 99% of the resources, they get 99% of imaginary wealth. It can't be sold off en masse.

    Ergo, we don't have a magical extra 100x increase in actual goods and other physical resources per person coming if we just kill the 1%. Things could be distributed much more fairly for sure, but it's not as simple as "these few people own everything so if they're gone, everyone else is a millionaire".

    Anyway, much of the "basics" is going to be in person care work with an aging society. We haven't handed that off to AI yet, nor medicine, but once that's happened then yes we can actually handle social safety nets in an aging society. Right now the solution they're going for is a constant increase in retirement age to keep the tax revenue high enough to pay for retired people's needs.

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