this post was submitted on 28 Aug 2023
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Futurology

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Vision 2030 is Saudi Arabia's grand plan to future-proof its oil-based economy. Experts say it's a huge risk. (www.businessinsider.com)
submitted 1 year ago by [email protected] to c/[email protected]
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[–] [email protected] 2 points 1 year ago (1 children)

The other country that is going to suffer as the oil age comes to an end is Russia. The Saudis look like they are far more on top of preparing for this.

[–] [email protected] 2 points 1 year ago

I'm not confident that huge flashy megaprojects and big foreign investments are really doing much to prepare Saudi Arabia for a post-oil future. But at least Saudi Arabia hasn't alienated itself from its most crucial customers and engaging in a real-time act of self-destruction.

[–] [email protected] 1 points 1 year ago

Whose vision? What fraction of the population were consulted and agreed they really wanted this royal vanity mirror? Imagine if instead such vast resources were shared equally among the population, to choose development individually on a human scale - we wouldn't see anything like this.