dsylexicus

exhaustion of natural resources? hmm. natural resources are INFINITE by definition since the universe is infinite. what is limited are "reserves". panicking about reserves dwindling is what Tim Worstall calls the 'No breakfast fallacy' we dont look at our refrigerator which is running out of milk and worry that the world is running out of milk. we know that there is an entire ecosystem of farmers , truckers and supermarkets producing milk for us. the confusion between reserves an resources is common

jobs are the cost of satisfying human economic desires. we want to minimise costs, not increase them.since nobody knows what sort of jobs will exist even 5 years from today, there is no point in speculating and wringing hands. who saw the rise of zumba dance teachers? theres atleast a million of them today and they dont need high education or be employed in silicon valley. did president clinton with all the information available at his disposal have the foresight to plan for an app economy for his citizens or imagine how internet search would be something different than what lycos offered?