Also here is the summary from Wikipedia on what Post-scarcity means:
Post-scarcity is a theoretical economic situation in which most goods can be produced in great abundance with minimal human labor needed, so that they become available to all very cheaply or even freely. Post-scarcity does not mean that scarcity has been eliminated for all goods and services but that all people can easily have their basic survival needs met along with some significant proportion of their desires for goods and services. Writers on the topic often emphasize that some commodities will remain scarce in a post-scarcity society.
We live in a world where it costs essentially nothing to replicate a piece of information 7 billion times and distribute it everyone on earth.
A world where the pirate bay does that for the couple of grand that they get from some porn banner ads.
We live in a world where there is no reason for information to be scarce. The entire systems of copyright and patents and IP are hamfisted ways of creating artificial scarcity so that information retains value in a world where it could be ubiquitous.