I agree that there will be an inevitable "pivot point" in our future.

Technology not only makes everything cheaper and cheaper to produce but fewer and fewer people will be needed to work so jobs will not really change, they will simply go away.

That said, our conventional paradigm for getting buying power in the hands of people to consume all those cheaper products has been this thing called "jobs" but technology increasingly makes "jobs" an obsolete concept.

So, if we're going to embrace the idea of a "Star Trek Future" in which everyone has everything they want and need at little to no cost... deflation becomes an inevitable part of the mix no matter what the so-called economists might think. That's pretty much 2nd grade math and logic. If the doo-dah on the shelf costs $100 and you don't have a way to get $100, there will be no sale of the doo-dah.

It'll be very interesting to see how we get from "here" to "there."

=^..=