Comment by cryptoegorophy
20 hours ago
Why? If you can live 500 years just focus 20 years on compound interest hard, then retire for 400 years?
20 hours ago
Why? If you can live 500 years just focus 20 years on compound interest hard, then retire for 400 years?
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
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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