I absolutely hate to admit it but these disruptive technologies will force 
income redistribution on the world to a degree never seen before. Indeed, I 
think that's already starting to happen. While mobs in NYC protest the evil 
"1%",  wiser heads understand that this 1% now pays 43% of NYC tax revenue. 
Driving them out of town would be financial suicide. Skewing any tax base in 
the name of being fair creates a potential disaster in an economic downturn as 
revenue vanishes from big payers while the populace applies for food stamps 
...... but as Futurama reminds us, "you gotta do, what you gotta do".

One of the reasons for deflationary forces is job loss and that's going to 
happen to banks, utilities, oil companies, and state governments that can't 
find enough revenue, even after they triple car registration$ and huge 
increases in property taxes (they will be forced to go after things that are 
most fixed and simple to account for). VAT tax revenues will plunge as more 
people 'do for themselves' with free energy and cut out the tax paying 
middleman.

It will, however, be an absolute delight to watch greedy, sociopathic corporate 
executives turn on each other, fighting to steal what the deflated masses can 
no longer provide. - like MF Global stealing speculators money. The poor wolves 
can find no sheep and are starving, alas.  We'll see more of this.

If stem cells and regenerative medicine explodes, you'll see nurses giving more 
curative injections while surgeons look for work.  If 'Watson' creates an AI 
that can dependably hand out burgers and fries, God Help Us All. A small rural 
house with some farm land would be a good idea.......

All of the above relates to the question, "what would actually happen if we did 
have 'Star Trek' technology?"  While the series was inspiring, they never 
really answered the question of how an economy with unlimited energy and 
Replicators is supposed to work.  (Sigh!  - probably a kind of socialism and 
they didn't want to say that)

My long term investment advice:  invest in dividend paying stocks in tobacco, 
alcohol and Australian bonds (tourism and commodities and they have a near 
monopoly on weird-ass animals). Ask yourself, 'if almost everything changes, 
what probably won't?".

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