Economics is a study on how to distribute finite resource. Traditional economics have only considered unbounded input resource such as air. Now we're entering an age where we'll be having near-infinite output resource. Nuclear fission energy, robot labor, and maybe even creativity. Economics needs to branch out to think about how near-infinite output resource can be fairly distributed.
Stephen Hawking Says We Should Really Be Scared of Capitalism, Not Robots
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Re: Stephen Hawking Says We Should Really Be Scared of Capitalism, Not Robots
#22Ironic this ends up on the top of a VC's forum
I know the domain is shared with ycombinator, but this really is just a general tech forum, right? Slashdot for grown ups if you want.
I think that's giving it too much credit -- this forum is much more a part of the marketing arm of YC (the investment firm) than it is a general forum (like e.g. Reddit).