Because of technological limits, there is a certain amount of food that we can produce per acre. If we were to have intensive greenhouse agriculture, we could have much higher production.
Ralph MerkleThe first approximation in this future that we're looking at is that everyone will be physically well off. They will have a great abundance in material goods, and as a consequence, I think that will soften some of the conflicts we see now.
Ralph MerkleThere are certain things that are inherently scarce. For example, there is only a certain amount of beachfront property in California. It is going to be scarce, it is going to be expensive.
Ralph Merkle