One consideration is that, in the long-run, uploading people onto computers would probably squeeze far more value out of each atom than making people into hobbits. In that case, the housing stock would be multiplied by orders of magnitude, since people can be stored in server rooms. Assuming uploaded humans aren’t retired, economic productivity would be a lot higher too.
If the Robin Hanson type future happens then probably very little we do now would end up mattering, except maybe avoiding extinction risks. In that sense Hobbitisation is the in the same situation as any other medium/long term proposals.
One consideration is that, in the long-run, uploading people onto computers would probably squeeze far more value out of each atom than making people into hobbits. In that case, the housing stock would be multiplied by orders of magnitude, since people can be stored in server rooms. Assuming uploaded humans aren’t retired, economic productivity would be a lot higher too.
If the Robin Hanson type future happens then probably very little we do now would end up mattering, except maybe avoiding extinction risks. In that sense Hobbitisation is the in the same situation as any other medium/long term proposals.