Reply To: Physics Nobel to Big Bangers

[Brian H]

The “horizons” response to Aero’s shrinking jobs/labor component of the economy is fascinating in the big picture, too, as you point out, Tulse. New KINDS of activities replace previous ones. John Tamny the economist continually makes this point: that it is long-range GOOD to export high labor-component jobs to other economies, as the net value returned is greater than would be earned by doing the “grunt work” locally. But, of course, the borderline of what that includes is moving faster than ever. One of the major hopes I have for the knock-on effects of FF is the explosion of creative activities and products that it will enable.

One shadowed, not-quite-dark, horse possibility is space-related occupations. We barely see the glint of the tip of the iceberg of what that might involve, so far, IMO.