Real wealth is ideas plus energy.
Wealth is the product of energy times intelligence: energy turned into artifacts that advantage human life.
Wealth is a measure of a person's ability to survive so many days forward.
Every time man makes a new experiment he always learns more. He cannot learn less. He may learn that what he thought was true was not true. By the elimination of a false premise, his basic capital wealth which in his given lifetime is disembarrassed of further preoccupation with considerations of how to employ a worthless time-consuming hypothesis. Freeing his time for its more effective exploratory investment is to give man increased wealth.
I find man utterly unaware of what his wealth is or his fundamental capability is. He says time and again, "We can't afford it." For instance, we are saying now that we can't afford to do anything about pollution but after the costs of not doing something about pollution have multiplied many fold beyond what it would cost to correct it now, we will spend many fold what it would cost us now to correct it.
Controlled time is our true wealth.
U.S. labor leaders will realize that automation can multiply man's wealth far more rapidly than it is multiplying at present and that automation will leave all men free to search and research... Realizing the direct competition with foreign industry on a straight labor basis will mean swiftly decreasing wages per hour and longer hours and decreasing buying power of the public.
American labor will realize that its function is not to increase jobs, but to multiply the wealth and to expand the numbers benefited by the wealth at the swiftest possible rate.
We find all the no-life-support-wealth-producing people going to their 1980s jobs in their cars and buses, spending trillions of dollars' worth of petroleum daily to get to their no-wealth-producing jobs. It doesn't take a computer to tell you that it will save both Universe and humanity trillions of dollars a day to pay them handsomely to stay at home.
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