Age of Abundance in Hadith and Elon Musk
These economists are completely wrong in objecting UHI, or better still Age of Abundance. With robots designing and making better and better robots, labour cost is zero, so prices for services will be zero. Electricity is also zero because solar energy is zero. All materials also have zero cost because they are recycled using zero labour and energy costs. The result is super deflation, so no need for income to survive. However, you need a strong government to allow this age of abundance to occur, because humans have no incentive to manufacture or sell any more. The transition is the tricky part, especially given the wrong economic opinions that you presented. In a super deflation, capital has zero value. Can you verify and comnent.


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