Inflation fun!

Here's your daily dose of pedantry — the cost of the ticket. I don't know exactly where else it was mentioned but their own faux-website where you can "purchase" a ticket lists $40,000 per day. 

We don't know exactly when the show is set, but I'd say its safe to estimate that this technology won't be available for another 20 years (at least). We also know the park has existed for about 30 years. That puts us 50 years in the future. We also don't know the rate of inflation in the future, but let's assume it's similar to what it was in the past 50 years. According to Department of Labor calculator $40k today has the equivalent purchasing power of $5,500 in 1966 (50 years ago). So, $5,500 is the daily price adjusted for inflation.

This is still a lot of money, but it's not as insanely expensive as $40k. It is within reach for a lot more people, especially as a once in a lifetime experience. Why is this important? Well, that price itself is not enough to limit the number of guests we see on the show. At that price, the park would be overrun with visitors. You'd have a bunch of people celebrating their milestone birthdays, anniversaries, honeymoons. Young professionals who spent their annual bonus on a day or two at the Westworld. A LOT more people like that guy who killed Teddy just for the thrill of it. A bunch of bros running around drunk shooting everyone. 

Either this is simply an oversight, or the writers assumed that most viewers would not think much about this. To be frank, I am not sure the price is even mentioned in the show, so this might just be a marketing mistake, and I am writing this for nothing. 

Comments

  • In 101, first train arrival, a pair of guests are conversing on the train. One was describing a family vacation for the first visit. Then he came back for a two week experience. At the station, a couple steps off the train and she is amazed at the scenery. He comments about the cost.

    The second train arrival, a man tells his friends a previous vacation had Teddy act as his guide.

    There are a few other instances where we come to understand that there are repeat visitors.

    But I do not get the sense that there has been any personal growth or spiritual enlightenment. It's all an extraordinary experience in an extraordinary environment.

    The MiB frequently boasts about the amount he's paying.

    Sizemore is condescending about the "rich assholes who want to play cowboy."

    As such, I will concur that 40,000 a day is "upper-middle class".

    I went through the episode (skipping irrelevant scenes), but could find the scene where the cost is explicitly mentioned by a guest. I was attempting to verify the guest actually mentioning the name of the currency. If it was simply "forty thousand a day", then I assert we don't know what the currency actually is. Probably money and probably USD.
  • 20 years??? More like 50-100 I'd say. We haven't really even scratched the surface yet.

    I don't think it's been said on the show but I also heard 40k a day which I agree is very odd, I could see a place like this being a quarter trillion future dollar investment easy (based on nothing of course) seems 10 million per day would be much more realistic.
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  • ghm3 said:

    20 years??? More like 50-100 I'd say. We haven't really even scratched the surface yet.

    I don't think it's been said on the show but I also heard 40k a day which I agree is very odd, I could see a place like this being a quarter trillion future dollar investment easy (based on nothing of course) seems 10 million per day would be much more realistic.

    Agreed, I was just trying to explore the most optimistic scenario. The further into the future we go, the more laughable this figure becomes. 100 years from now, $40,000 will become the equivalent of less then $2000 in today's money. That's really nothing for the experience you're getting. 
  • well, there could be deflation too, we don't know what the outside world is like.  or even what money is for, since apparently de-facto robot slaves can do pretty much any labor that humans can do, not sure what that economy looks like.
  • Are we sure Westworld is supposed to be taking place in the future? 

    I could of sworn it was said somewhere it was "modeled" to look about 50 years or so into the future.
  • Yeah or maybe it's some new world government currency or some shit in which case it really could be anything and make sense.
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  • The simple answer could be that the show takes place 50 to 100 years in the future, and the dollar has been revaluated sometime between now and then.

    France revalued its currency (Franc) in 1960. The central bank replaced every 100 old Francs with 1 new Franc.

    Another explanation might be that the country has switched to a new currency all together. In 2002, my country switched from the Dutch "Guilder" to the Euro. Every 2.2 Guilders was replaced by 1 Euro.

    What makes you think such events won't happen in the next 50-100 years?
  • The simple answer could be that the show takes place 50 to 100 years in the future, and the dollar has been revaluated sometime between now and then.

    France revalued its currency (Franc) in 1960. The central bank replaced every 100 old Francs with 1 new Franc.

    Another explanation might be that the country has switched to a new currency all together. In 2002, my country switched from the Dutch "Guilder" to the Euro. Every 2.2 Guilders was replaced by 1 Euro.

    What makes you think such events won't happen in the next 50-100 years?

    That is of course possible. But the point is that they said $40,000 with intention to make us understand just how expensive this experience was. If the currency changes in the future, then any number becomes meaningless. In the scenarios you mentioned we would have no idea if $40k is a lot of money or not. It could be the price of a cheap burger for all we know...
  • Nolan specifically says the guests are of the 21st century and they talk about how some of the AI stuff has already started to happen. This was in one of the Extras (The Reality of AI). So we have a basic idea of the time period. 
  • michielterlouwmichielterlouw Helsinki
    edited October 2016

    The simple answer could be that the show takes place 50 to 100 years in the future, and the dollar has been revaluated sometime between now and then.

    France revalued its currency (Franc) in 1960. The central bank replaced every 100 old Francs with 1 new Franc.

    Another explanation might be that the country has switched to a new currency all together. In 2002, my country switched from the Dutch "Guilder" to the Euro. Every 2.2 Guilders was replaced by 1 Euro.

    What makes you think such events won't happen in the next 50-100 years?

    That is of course possible. But the point is that they said $40,000 with intention to make us understand just how expensive this experience was. If the currency changes in the future, then any number becomes meaningless. In the scenarios you mentioned we would have no idea if $40k is a lot of money or not. It could be the price of a cheap burger for all we know...

    Fair point.

    But why do we think it is so supposed to be extremely expensive?

    Technology-wise, I imagine that if somebody born in 1920 would time-travel to 2016 and experience what a modern-day amusement park looks like.... they would assume that only the richest of the rich are able to afford it.
    In reality, the average middle-class family goes there once every year.

    @imutavdzic calculated that $5,500 is the daily price adjusted for inflation. I agree that - for today's standards - that seems like an incredibly good deal. And it makes you wonder why the park is not being overrun with customers.

    So let me offer two explanations for your consideration:
    1. Limited supply. Maybe Westworld understands that the experience doesn't work if too many people visit at once. So they put people on a long waiting lists (to be honest, this is a pretty weak argument: they would just raise the price)
    2. Competition. With the technology being so advanced that you can make an experience like Westworld, imagine how the rest of the entertainment industry must look like. We don't know what the competitive landscape looks like. But surely other companies must have access to some pretty exiting technology as well, don't you think? Who knows, for $5,500, maybe Elon Musk is able to bring me to the moon for a day. Maybe in a competitor's amusement park, I can fly on a life-size fire-breathing dragon for $5,500. Assuming that I cannot spend that kind of money on entertainment every year.... this means that I might forego the Westworld experience and choose something else.
  • @michielterlouw i get the feeling we're supposed to interpret $40k a day in today's dollars, and that regardless of specifically what it means in-universe, it's supposed to be a lot of money just from the way people reference it.  stuff like "with what we're paying for this..." implies it's not dollar-store merch.
    wildwildwhit
  • voodoorat That could also make sense. In that case, either the writers don't understand inflation (unlikely imo). Or they don't expect the majority of the audience to understand inflation (likely imo).
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  • Love the DINK lifestyle!
  • CoryCory New Scotland

    I don't know about any of you guys, but even though I have a professional job and we are a two-income-no-kid household, I definitely do not have $5500 per day laying around to go on a fantasy vacation. :) 

    A.Ron gives some financial rules to live by if you want to save enough money for a trip to Westworld, way back in the sixty-first episode of Blue Yonder back in 2011.
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