The problems of abundance
The technology guru George Gilder has long postulated: "Every economic
era is based on a key abundance and a key scarcity." Here are some
interesting insights from the futurist Peter de Jager (summarized).
What do traffic jams, obesity and spam have in common? They are all
problems caused by abundance. By achieving abundance, technology
destroys the natural checks and balances of scarcity.
The human body was designed to survive on scarcity, and it developed
over tends of thousands of years. When food was abundant, it was stored
as fat to protect against future scarcity. We are now surrounded by an
excess of food, and the body still stores energy as fat for lean days
- which no longer arrive. Hence, the obesity epidemic.
The automobile made it possible for humans to travel twenty times faster,
reducing natural constraints. When it's so easy to travel independently,
everyone does it, and causes traffic jams.
The speed and negligible cost of e-mail delivers an abundance of potential
customers to anyone with a computer. The huge amount of aggravating spam
in your mailbox is a direct result of wide availability of the technology.
There are lots of other examples. People have always copied music, but
in limited quantities because copying an audio tape took time, was
relatively expensive and the quality wasn't the same. Today, a CD can be
copied easily and cheaply, and the quality is the same no matter how many
times it's copied. So, the music industry cannot expect to sell music as
if it were a scarce resource.
Technology has enabled effortless, inexpensive communication with anyone
in the world. It also means that sending work to the other side of the
world is much easier, and the cost is greatly reduced. Work is now
geographically neutral, so almost any white-collar work is being displaced.
When technology creates abundance, it brings problems which are
invulnerable to simplistic solutions. Like genies let loose from the
bottle, the new problems are almost impossible to control. Traffic
congestion cannot be solved by artificially reducing the speed of traffic,
or increasing the cost of driving - through taxation. Obesity cannot be
reduced by making food less available. Spam cannot be eliminated by making
it difficult and costly to send e-mail. The ratios of abundance are too
great to be overcome by artificial restrictions.
Any technology which creates abundance poses problems for any process
which existed to benefit from scarcity. The problems with technological
are the societal results.
Peter de Jager's "The problem with abundance"
Scarcity or Abundance? Preserving the Past in a Digital Era
Scarcity & Abundance - the Inflection Point
Wired - The Gilder Paradigm
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