When I was a small kid I was fascinated by science and technology. I watched the landing on the moon live on TV and it captivated my little brain. It was obvious to me: with the rapid advances in science and technology we would have to work less and enjoy life more. Things would be automated, robots would assist not only at work, but at home too. Advances in medicine will let us grow older and feel younger.

Almost 50 years later, people still work 9 hours a day, 5-6 days a week. People today work as hard as people in a feudal system hundreds of years ago.

Obviously something went wrong – big time! How can it be that modern technology allows us to work faster and more efficiently, and yet we still work 40-50-60 hours a week? Where is this hugely increased production surplus going?

Continue reading “Mediocrity”