On Sat, 15 Jul 2000, Robin Hanson wrote:
> In general making a better product hurts your competitors, but in a
> competitive market there is no net externality (this is usually called a
> "pecuinary externality"), and doing this is a net benefit. Creating more
> children might create more labor competition for others, but it is also a
> net benefit.
Yes, but in current realities, people do not expect to have to
compete with their children. In my personal reality, I would
expect that to be true (i.e. I live long enough that my children
compete against me.) -- so why would I want to allow the copying
(and/or reeducation) of my skill base.) To extend it further,
why would I even want to have children (other than the fact
that I can't reprogram my genetic drives)?!?.
You are going to have to provide a significant ROI for people
who expect to be competed out of the market due to copying before
they happily accept it. Is this incorporated into your wage
model?
Robert
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