The Priceless Future of Commodities: Why Land Will Become PRICELESS by 2045
Introduction
Imagine a future where robots are capable of manufacturing nearly everything. Picture an era where the only bottleneck is not the production process but the availability of raw materials. In this future, certain commodities, especially land, will become priceless due to their irreplaceable nature. Here’s why.
The Rise of Robotic Manufacturing
In the not-so-distant future, advancements in robotics and artificial intelligence will revolutionize production. Robots will be able to create anything with remarkable efficiency and minimal human intervention. This will lead to a world where goods are abundant and production costs are negligible. However, the raw materials needed for these goods will not be equally abundant.
Finite Commodities and Their Escalating Value
Commodities such as minerals, metals, and most importantly, land, have finite availability. Unlike manufactured goods, these natural resources cannot be easily replicated in labs or expanded. As a result, their value will skyrocket as they become increasingly scarce.
Why Land Will Be Invaluable
Irreplaceability: Land cannot be created or expanded. Its finite nature makes it inherently valuable.
Utility: Land is essential for agriculture, housing, industry, and more. Its multifaceted uses ensure constant high demand.
Location: Prime real estate in urban areas will become exceedingly valuable due to limited availability and high demand.
The Socio-Economic Divide in the Age of UBI
In this future, Universal Basic Income (UBI) will likely be implemented to ensure that everyone has access to basic needs. While UBI may reduce poverty and inequality, the finite nature of commodities like land will create a new socio-economic divide.
The New Haves and Have Nots
The future divide will not be about access to manufactured goods but ownership of finite resources. Those who own land and other irreplaceable commodities will wield significant power and wealth, shaping future politics and economies.
Space Exploration as the Ultimate Solution
To address the scarcity of finite commodities, humanity will turn to space exploration and asteroid mining.
Mining Asteroids
Asteroids contain abundant precious metals and minerals rare on Earth. Mining these celestial bodies can alleviate the pressure on Earth's finite resources, redistributing wealth and resources.
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