I reckon this would be self-correcting. If the average person could reach retirement in such a small fraction of their lifespan, then the vast majority of the population at any given time would be non-productive retirees. The economy would slow until your interest was zero and you'd be forced back to work. Eventually an equilibrium would be reached, wherein the average Joe could look forward to a rewarding and fulfilling career of, say, 450 years or so.
Or work 30 years on, 15 years off or similar. Build a career from scratch, fulfil what you want, then have a sabbatical, then return to a new career in a different field.
Crazy that we can think about immortality and singularity, but capitalism end is out of question. Humanity will probably be extincted in these scenarios and we are still talking about work. Hilarious
I cannot tell you how many conversations I've had about all the crazy, albeit possible, futures that may come. But there is such a definitive hard stop when trying to discuss a shift from capitalism. It must bind alongside their religious adherence receptors. Because it I SO damn entrenched. Like a neural block of sorts.
Pretty ironic to come in here and claim everyone is closed-minded because they were talking about something other than your preferred topic.
> But there is such a definitive hard stop when trying to discuss a shift from capitalism.
But nobody was trying to discuss that. We were discussing how our current systems might adapt to such a huge change as people suddenly living 500 years. You know, because it's a fun thought experiment. People do that. Not everyone lives their entire life on a soapbox.
Apersonally I can’t see doing the same thing for more than 40 years. Maybe I’d be an actor, then have a statically, then next time be a sculptor,
Or maybe dig into physics.
But I can also invest in companies? If the population keeps growing, because less people die, the economy might just keep growing. Also if you can get 500 you might want to get more kids. So it will be exponential growth. What could go possible wrong?
> Why? If you can live 500 years just focus 20 years on compound interest hard, then retire for 400 years?
The first version of this technology will only be available to billionaires. So if you reach 70 when it’s invented and are not a billionaire, you’ll never get to try the 500 years of compounding trick
We’re likely to see this stuff get invented in our lifetimes (I’m 38), maybe practical, but we’re def all too old to see it become widely available.
Then again, life extension will not be a singular technology. You could argue antibiotics and vaccines were the first big step and those became affordable within a few decades of invention
I reckon this would be self-correcting. If the average person could reach retirement in such a small fraction of their lifespan, then the vast majority of the population at any given time would be non-productive retirees. The economy would slow until your interest was zero and you'd be forced back to work. Eventually an equilibrium would be reached, wherein the average Joe could look forward to a rewarding and fulfilling career of, say, 450 years or so.
Or work 30 years on, 15 years off or similar. Build a career from scratch, fulfil what you want, then have a sabbatical, then return to a new career in a different field.
Crazy that we can think about immortality and singularity, but capitalism end is out of question. Humanity will probably be extincted in these scenarios and we are still talking about work. Hilarious
Every.single.time.
I cannot tell you how many conversations I've had about all the crazy, albeit possible, futures that may come. But there is such a definitive hard stop when trying to discuss a shift from capitalism. It must bind alongside their religious adherence receptors. Because it I SO damn entrenched. Like a neural block of sorts.
Pretty ironic to come in here and claim everyone is closed-minded because they were talking about something other than your preferred topic.
> But there is such a definitive hard stop when trying to discuss a shift from capitalism.
But nobody was trying to discuss that. We were discussing how our current systems might adapt to such a huge change as people suddenly living 500 years. You know, because it's a fun thought experiment. People do that. Not everyone lives their entire life on a soapbox.
Apersonally I can’t see doing the same thing for more than 40 years. Maybe I’d be an actor, then have a statically, then next time be a sculptor, Or maybe dig into physics.
What has capitalism got to do with anything?
But I can also invest in companies? If the population keeps growing, because less people die, the economy might just keep growing. Also if you can get 500 you might want to get more kids. So it will be exponential growth. What could go possible wrong?
How do you image the world will work if everyone is living on "compound interest".
The economy is imploding because a tiny fraction of population is living on "compound interest" even now.
> Why? If you can live 500 years just focus 20 years on compound interest hard, then retire for 400 years?
The first version of this technology will only be available to billionaires. So if you reach 70 when it’s invented and are not a billionaire, you’ll never get to try the 500 years of compounding trick
We’re likely to see this stuff get invented in our lifetimes (I’m 38), maybe practical, but we’re def all too old to see it become widely available.
Then again, life extension will not be a singular technology. You could argue antibiotics and vaccines were the first big step and those became affordable within a few decades of invention