A suspended person is economically as productive as a nonexistent person.
Nonexistent people have had zero impact on economy historically. Why would suspended people have an effect in the future?
And if supply created demand, there should be a huge demand for seawater, rather than a small demand. As it is, the demand for seawater is pretty much inelastic with supply.
A suspended person is economically as productive as a nonexistent person.
So no such thing as capital exists, savings has no relation to growth, and suspended peoples' past life choices (like not spending scores of thousands of dollars on consumption) contribute exactly nothing to the economy! Of course!
I give up. You have no freaking clue about economics.
And if supply created demand, there should be a huge demand for seawater, rather than a small demand
I've already pointed out the huge demand. Feel free to calculate how many millions of gallons all the uses I gave make up each year. I'm not wasting more of my time on you.
Imagine you accept the main idea of cryonics, that if we freeze brains future technology is likely to be able to extract the encoded information and revive the person digitally. [1] While this currently costs about $120K/person, if we did it routinely to everyone it could probably get down below $1000/person. Which is interesting: the current cost of averting a death is around $1700, but someone who doesn't die of malaria is still going to die of old age, so you can't really say their death was "averted". While someone who is revived after being frozen wouldn't live eternally, they might get to experience thousands of years of subjective life. In terms of life-years, getting cryonics to be really cheap and paying for people to get it sounds like it beats GiveWell's top charities.
Aside from not agreeing that cryonics is likely to work, however, I don't think the value is actually all that high. A future world which would revive large numbers of people we freeze today would be massively different from the current world economically, but would still have constraints. There would be some number of digital people that could run simultaneously on whatever people-emulating hardware they have. Preserving additional 21st century minds would give future people the option to run revived people instead of new people, but I don't think it affects the overall number emulated.
[1] I don't think this is likely.
I also posted this on my blog.