"Spend time" is metaphorically coherent, but "make time" is used in an incomplete way. We use the phrase to mean zero-sum reallocation of time across activities, or via outsourcing, using $ to reallocate it across people. But there's a sense in which time is created like wealth.
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Toy example. Imagine a universe with just 1 sentient being. His time experience is 100% of subjective time experience that exists. He kills himself, subjective time goes away.
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Forget about physics complexities or whether sentience is required for quantum wibbly-wobbly to decohere etc. Assume it's a classical dualist newtonian universe where the subjective is ontologically independent and not the result of some sort of speculative entanglement crap.
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In this universe, the one living being, call him Dent, experiences the future on two levels: a) as an abstract model of "empty" experience flow coming at him that he will fill up with "living" b) visceral sense of time passing
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The argument is that b can actually collapse entirely if you stress information flows, agency, etc. enough. And with b collapsed, a will seem as unreal as angels dancing on a pinhead.
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So even if he does not die, in this universe, subjective time can almost cease to exist if Dent is under sufficiently severe material stress. Time will be close to an abstraction like God for him.
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This has been your irregular random update and outtake from my ongoing thinking about temporality. Please refer all your questions to your friendly neighborhood clock.
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One highly loaded/charged definition of time I've been playing with is: time is change in the NPV of all the pain and pleasure expected by sentient beings.
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