Submitted by Pug124635 t3_11cgxzd in singularity
Lawjarp2 t1_ja3qes1 wrote
Reply to comment by BlueShipman in Sam Altmans, Moores law on everything - housing by Pug124635
What has value when it's supply is infinite or cheap.
BlueShipman t1_ja46u7h wrote
Name something tangible that is infinite and close to free, is useful and no one wants it to hoard it.
I'm sure in your fantasy land, everything is just built by nanobots controlled by unicorns in the center of a black hole.
Lawjarp2 t1_ja4b2v6 wrote
Air.
I'm surprised someone is dumb enough to not understand that things lose value when there is lots of supply and it's usefulness is irrelevant if you can't corner a market.
Hoarders hoard to reduce supply. Can't do so in a world which can create ever more stuff. If hoarding even makes sense in a world with crazy supply.
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