Americans Spend 1.2 Trillion Annually On Nonessentials

http://www.becomingminimalist.com/clutter-stats/

The average person in the world now lives on $1,300.oo annually and only 13 countries even make a total of $2 trillion dollars in their entire economy, yet, American spent $1.2 trillion a year on nonessential items alone and merely donate 1.9% of their income to charity. In the last ten years illegal aliens in the US have doubled the amount of money sent to other countries around the world to some 530 billion which is a growing phenomena around the globe today. Part of this is the increasing mass migration of refugees from war torn and global warming disasters such as the migration of Africans into Europe in recent decades as the water has dried up. Along with these changes which include organizations such as Grameen Bank and the entire micro-lending movement which has dedicated themselves to ending destitute poverty in the next fifty years, what is to come in the near future should eclipse all efforts in the past.

In particular, the advent of high tech is making everything incredibly cheaper including new 3D printers that can spit out an entire earthquake proof house complete with all the wiring and plumbing in a matter of hours. A ten million prize awaits the first medical tricorder that utilizes AI to diagnose diseases better than most doctors and already the first handheld spectrometers and scientific tricorders are being developed. Companies like Google and others are spreading the worldwide web sometimes for free and the technology to cheaply rewire the entire planet in every way imaginable for even terabit bandwidths should be developed sometime in the next few decades. People have even figured out how to desalinate and clean water and use where any river empties into the sea as a battery to produce the required power.

What everyone is still waiting on is the first reel to reel printing and self-assembling technologies to come on the scene where things like a computer, TV, or solar power cell that can be printed out like so many newspapers by the tens of thousands of editions overnight. Already someone has just produced the first promising research on a laptop computer screen that offsets its own power requirements by collecting energy as well as emitting light. The first obvious steps in this direction will become apparent within three years as supercapacitors come on the scene allowing people to charge their cellphone for a week and half or more in 30 seconds or recharge an electric vehicle in less time than it takes to fill up your tank. Theoretically, there's no reason most appliances cannot be self-powered or connected without requiring any wiring at all to a central home supercapacitor smaller than a hot water heater and, eventually, even connected using quantum entanglement that dispenses with the need for any power wiring whatsoever in a house.

With the advent of high tech including AI, robotics, and 3D printing and assembly of anything, including printing entire houses, the entire world as we know it is about to be radically transformed, re-wired, and re-organized in every way imaginable. Swarm technology and the advances in AI mean the machines themselves are taking on a life of their own and the trick-down effect of technology will prove to be one of the saving graces of consumer culture. Still, the shit is obviously going to hit the fan in the coming decades and humanity will require every advantage it can muster.

 

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Hate when that happens, wish we could delete.

Maybe people need to start investing more in bitcoin, the currency of the future.

Good post and nice read. Look forward to reading Comments.

 

Fully agree. I've actually made a nice profit on my bitcoins over the last couple of years too. But I do think crypto is one solution to taking control of money away from banks and governments,

 

The more the money and the gun do all the talking worth listening to, the easier it becomes for any disruptive technology or idea to stomp their interests into the mud. Hence, the high tech industry is focusing on AI in order to predict any zingers coming that nobody sees coming while, ironically, research in AI is progressively revealing how we can change the world for the better leveraging the power of the few to elevate the many and the many to elevate the few. To put this into perspective, there are some 300 million Americans and if they all gave the third world twenty bucks right now that's over $6 trillion which eclipses the combined total of both foreign aid and what immigrants send back home. Using a much more blunt engineering approach to such problems charities are already beginning to wait along with the industries for the technology to simply become outrageously affordable before investing and within the next twenty years especially the world should have a much better idea of how to prioritize the technology and make sweeping overnight improvements in the developing world and everywhere else.