Assuming any kind of physical resource limits on real value (and this would include physics imposed computational limits so simulation is no get out) it can't go on for very long.
Bryan says:
"why couldn't economic growth of 1% (or 10%) continue forever in simulations? In the real world, we can't all be emperor of an infinite universe. But I don't see why every one of us couldn't preside over our own simulated utopias?"
My comment there was:
"The universe is made of atoms - and other particles. Virtual reality - and all the things economists study - is made of that stuff. You can't have simulations or value without things being ultimately made out of m...
The question that the ideas are supposed to be in response to is:
Here are links to some proposed ideas that you should vote for, assuming you agree with them. You do have to register to vote, but the email confirmation arrives right away and it shouldn't take much more than two minutes of your time altogether. Why should you do this? The top voted ideas from this request for ideas will be seen by some of the top policy recommendation makers in the USA. They probably won't do anything like immediately convene a presidential panel on AGI, but we are letting them know that these things are really important.
Research the primary cause of degenerative diseases: aging / biological senescence
Explore proposals for sustaining the economy despite ubiquitous automation
Establish a Permanent Panel or Program to Address Global Catastrophic Risks, Including AGI
Does anyone have any other ideas? Feel free to submit them directly to ideascale, but it may be a better idea to first post them in the comments of this post for discussion.