When in the course of economic analysis it becomes necessary to throw over the traces of hidebound terminology there is usually someone willing to attempt it. Most people know of the singularity when AI becomes smarter than the smartest human. This is not that.
The Economic Singularity is the moment at which capable intelligent robots build and maintain capable intelligent robots and offworld mineral resources are developed to create surpluses of raw materials.
There is no theoretical limit to human productivity under those conditions. Productivity increases just keep approaching infinity. Productivity becomes a meaningless concept.
The problem becomes human participation in the economy and that will require a shift from production/consumption agents to demand agents and that will require a transfer of wealth from the automated machine economy to aggregate demand.
Do Well and Be Well
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