Satisfaction Economy: Reversing the Tragedy of the Commons and Promoting Sustainable Development

The satisfaction economy aims to create a new economic paradigm that prioritizes personal satisfaction and wellbeing over material possessions and economic growth. The tragedy of the commons is a concept that highlights the conflict between individual and collective rationality. It occurs when each individual is incentivized to act in a way that will ultimately be …

A Disheartening Reality: AI Sees the Potential of Satisfaction Economy, Do You?

Imagine a world where your basic needs are met, and where you have the time and resources to pursue your passions and fulfil your desires. A world where the things that bring you the most joy and fulfilment are at the forefront of our economic priorities. A world where, as a self-governed individual, you are …