I posted this to
a slashdot thread
rec.maker-recipe.auto. Aside from social needs (hospitals, internet service, transportation, government) there won’t be a whole heck of a lot left for people to do. Expect the cost of physical labour (and people’s incomes from that) to dwindle. Expect the cost of goods to do likewise. “Knowledge workers” who design new items, the recipes for which can be sold over the Internet will do well. These will be people who know How Things Work, and who are currently emplloyed in the manufacturing industry, so at least some people will make the transition nicely. In a lot of ways it will be good. It will remove a lot of resource bottlenecks such as food, water, oil, .. chocolate. 🙂 How it will impact our need for energy depends on the efficiency of the technology. Will the energy cost to make a barrel of oil be higher than a barrel of oil? If not, we’re in good shape. If so, then we would be in for interesting times.