Edit: Changed title to be more accurate.

Also here is the summary from Wikipedia on what Post-scarcity means:

Post-scarcity is a theoretical economic situation in which most goods can be produced in great abundance with minimal human labor needed, so that they become available to all very cheaply or even freely. Post-scarcity does not mean that scarcity has been eliminated for all goods and services but that all people can easily have their basic survival needs met along with some significant proportion of their desires for goods and services. Writers on the topic often emphasize that some commodities will remain scarce in a post-scarcity society.

  • Hackattack242@ani.social
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    8 months ago

    I see what you are saying but it’s somewhat different from resource scarcity. There is no scarcity in the ability to transmit information, but there is still information scarcity.

    However, what makes information still valuable is the difficulty of first discovery. It costs money to go on the ground in a war zone and find out what’s happening, and if nobody did it, we just wouldn’t know.

    This doesn’t even factor in the costs of filtering through misinformation and disinformation.

    Edit for clarity / sentence structure

    • masterspace@lemmy.ca
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      8 months ago

      However, what makes information still valuable is the difficulty of first discovery. It costs money to go on the ground in a war zone and find out what’s happening, and if nobody did it, we just wouldn’t know.

      It’s actually valuable in a real world sense yes, but the point is that the mechanisms of capitalism say that if it’s completely unscarce its value should be $0. So in a world without IP Law, the instant that piece of information is digitized and put on the internet, it’s value rapidly drops to $0 since it costs fraction of a penny for someone to make a personal copy off the closest person / server to them.

      We could easily afford to let information be replicated and distributed freely, except for this problem that it doesn’t fit neatly in the mechanisms of capitalism because we would stop rewarding first discovery.

      So what did we do, did we come up with a new system that rewards first discovery but still allows information to flow freely?

      No. We decided to reward first discovery by inventing made up concepts like patents, copyrights, DRM, technological walled gardens, etc. and spend billions of dollars a year on them, all of which function by creating artificial scarcity, just to hamfistedly mash an information economy into the rules of a material economy.

      • Hackattack242@ani.social
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        8 months ago

        Okay give me this mythical system that rewards first discovery without those ‘made up concepts’

        (By the way whatever you type next is a made up concept by your own definition just so we’re clear)

        • masterspace@lemmy.ca
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          8 months ago

          The point about made up concepts is to point out that there is nothing fundamental, foundational, or intrinsic about IP law. It’s just an arbitrary system that we made up that we can replace with a different arbitrary system.

          It’s really not hard to imagine a system where a certain portion of the government budget is devoted to rewarding artists and inventors and then the number of streams / downloads / units sold / etc means that they get rewards from that pool of money. We spend billions on creating systems of artificial scarcity, you put all those people and all that money to work and you can come up with a feasible system that catches most edge cases.