It’s a bit of a clickbait-y headline, but thought I’d share this here as a reference for folks who are thinking about their long-term financial plans.
It’s a bit of a clickbait-y headline, but thought I’d share this here as a reference for folks who are thinking about their long-term financial plans.
Do you think those billions of people will die quietly? Do you think the global supply chains will survive such massive civil unrest? Do you think supermarkets will be able to keep shelves stocked? How will cheap electronics, cars, produce, etc. be available if the exploitable labor sources of poor countries are in chaos?
The global society we live in today will collapse.
Those billions of people, will go with a “boom”, that for sure. As to who will cause that “boom”… I’m less sure, but it seems likely that some military might have a hand. They might call them “special anti-riot operations”, since “extermination” has a bad ring to it.
Supply chains are getting more automated by the day, from the robots of 20 years ago, to the AIs of 10 years ago, to the potentially AGIs of maybe right now. Supermarkets, cheap electronics, cars, produce, etc. wouldn’t be needed in the same amounts with a much reduced population, meaning a much lower production could still meet demand, with no need of exploitable human labor, just some even more exploitable robot labor would be enough.
The global society we live in today, thanks to technology capable of replacing everyone, can contract a lot without actually collapsing. Maybe not all the way to “0”, like some doomsayers propose, but surely a million sounds like a viable number.