Comment by reactordev
1 day ago
Things never get cheaper. The only things that have reduced in cost is tech related because we kept making advancements as per Moore’s law.
The two things that matter, housing and food, are way way up.
1 day ago
Things never get cheaper. The only things that have reduced in cost is tech related because we kept making advancements as per Moore’s law.
The two things that matter, housing and food, are way way up.
We're talking about factories using low/no labor to produce goods, right? Those goods will be cheaper because they cost less (man-hours) to make. That's obviously already true for all the mass-produced stuff we have that's cheaper (measured by hours of work needed to pay for it) than 500 year old artisinal furniture, cookware, clothes, etc. which was very labour intensive.
Housing is weird because it just sucks up whatever leftover money people have. We all have to eventually spend all our income on something so it's impossible for everything to get cheaper in the long term. That doesn't mean we won't be able to afford stuff, just that we'll spend all our money just like we always have done.
Food would be encheapened by labour-free production just like products.
Luxuries are cheap and necessities are expensive