Forgot your password?

Comment: Re:Kickstarter skeptics eat your heart out (Score 4, Interesting) 300

If you want to see the future of the internet, go read Snow Crash by Neil Stephenson. All these guys did - Carmack, Zuck, the Google guys - whatever, and they've all been trying to make Stephenson's Metaverse come to life ever since. Think of it as a kind of Burnham plan for the internet.

Facebook is trying to produce the Metaverse, just like everyone before them, and the Oculus Rift will be the first incarnation of the Metaverse's headset.

Comment: Re:Sounds cool as long as it's not... (Score 1) 116

by wiggles (#46482627) Attached to: Conservation Communities Takes Root Across US

You may have a lower property tax bill, but your 10% sales tax is ridiculous. Combine that with city penalties such as the corruption tax, insurance fees, parking, wear and tear on your car and your body that city life brings, and it's about equal - not to mention the square footage you get for the dollar.

Comment: Re:Sounds cool as long as it's not... (Score 1) 116

by wiggles (#46479543) Attached to: Conservation Communities Takes Root Across US

I found one of these houses for sale in the community listed in Grayslake, IL.

Here's a link to the listing on Trulia.

$200/mo HOA. Tax bill is INSANE for the area at around $12k/yr. House was 2300 sqft for around $250k, which is what I'd expect for the area.

Not only do you have to deal with a HOA, you have to deal with a tax bill at 5% of the worth of the property.

Comment: Re:It's not free (Score 1) 212

by wiggles (#46409187) Attached to: PC Game Prices — Valve Starts the Race To Zero

> Damn how I miss games with endless of hours of content

Endless hours of content means that gamers spend too much time playing the game, rather than purchasing more games because the old ones got boring.

The trick in the game development industry is to make a game interesting for just long enough to switch gamers to the next thing. If they offer endless content, they move to subscription models, like WOW.

Comment: Re:How can the situation be improved? (Score 1) 513

by wiggles (#46322761) Attached to: Why Is US Broadband So Slow?

> You know, that's starting to sound a lot like local government.

Gah. And have everything run by politicians, skimming off the top? Activists who think they own the joint, screwing it up more by muddying the waters at board meetings because they think their issues are more important than everyone else's? I'd sooner have my eyes cut out with a power drill.

That said, I've been contemplating lately - government ownership and management of the last mile cables, and negotiated leases to cable companies might be able to add some competition to the mix.

Comment: Re:Wow (Score 1) 888

by wiggles (#46247019) Attached to: Star Trek Economics

Post-scarcity is something that will never happen. Something will always be scarce - see Neil Stephenson's "The Diamond Age". The universal constructors produced everything imaginable, except what was most valuable - i.e. hand crafted items such as furniture. Even if energy becomes as cheap as air, people will take it for granted and something else will be seen as scarce.

Comment: Re:Wow (Score 0) 888

by wiggles (#46246975) Attached to: Star Trek Economics

> you can't feed everyone steak in air conditioned restaurants

Luckily, economics provides for this situation. As demand rises, so do prices, until people can't afford to eat that way anymore. Seen the price of beef lately? Luckily, once those prices rise, so does the supply - i.e. more farmers start raising cattle - bringing prices back to equilibrium. The other thing economics says is that as prices rise, people switch to substitutes - in our example, pork, chicken, even lamb is making a comeback in the USA after 50 years as a niche menu item.

In other words, you're right - you can't feed everyone steak, which is why you charge more for it.

Comment: Re:Wow (Score 5, Insightful) 888

by wiggles (#46245933) Attached to: Star Trek Economics

Overpopulation is only a problem in India and China. The rest of the civilized world, especially Japan, is having severe problems due to negative population growth. Population is predicted to plateau and start shrinking after around 2060. I am not worried about overpopulation.

As far as limited resources, we are only limited by the amount of energy it takes to extract those resources, and those sources of energy can and will transition to renewable sources as consumables become expensive. Indeed, we are already seeing that transition come into play with wind and solar electricity, electric cars, and efficiency drives. At the same time, we're seeing new sources of consumables come online as prices increase - see shale oil - and as technology advances to the point that we are able to extract more cheaply, effectively, and efficiently - see natural gas.

Overpopulation and resource limitations will work themselves out naturally.


Star Trek Economics 888

Posted by Soulskill
from the once-you-have-their-money,-you-never-give-it-back dept.
An anonymous reader writes "Rick Webb has an article suggesting we're in the nascent stages of transforming to a post-scarcity economy — one in which we are 'no longer constrained by scarcity of materials—food, energy, shelter, etc.' While we aren't there yet, job automation continues to rise and the problem of distributing necessities gets closer to being solved every day. Webb wondered how to describe a society's progress as it made the transition from scarcity to post-scarcity — and it brought him to Star Trek. Quoting: 'I believe the Federation is a proto-post scarcity society evolved from democratic capitalism. It is, essentially, European socialist capitalism vastly expanded to the point where no one has to work unless they want to. It is massively productive and efficient, allowing for the effective decoupling of labor and salary for the vast majority (but not all) of economic activity. The amount of welfare benefits available to all citizens is in excess of the needs of the citizens. Therefore, money is irrelevant to the lives of the citizenry, whether it exists or not. Resources are still accounted for and allocated in some manner, presumably by the amount of energy required to produce them (say Joules). And they are indeed credited to and debited from each citizen's "account." However, the average citizen doesn't even notice it, though the government does, and again, it is not measured in currency units—definitely not Federation Credits.'"

The superior man understands what is right; the inferior man understands what will sell. -- Confucius