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How do you achieve infinite growth on a planet with a finite population and resources? It should be obvious to most, yet the supposed "smartest guys in the room" are the first to stumble through it.
How do you achieve infinite growth on a planet with a finite population and resources? It should be obvious to most, yet the supposed "smartest guys in the room" are the first to stumble through it.
They all maintain control while the little people suffer. The dream is to become insulated from the economic storms like they are.
How do you achieve infinite growth on a planet with a finite population and resources? It should be obvious to most, yet the supposed "smartest guys in the room" are the first to stumble through it.
How many tons of coal do we burn when we take advantage of an invention like language?
Oh, they all know it's not going to last. But they cannot say it out loud. Why? Because the stock price will be punished and because someone's empire building promotion will be blocked if they don't agree. Until they keep rewarding bullshit management practices, nothing will change. If the incentive system asks managers to build empires to get promoted, that is exactly what they will do. No manager is asked to be tho…
How do you achieve infinite growth on a planet with a finite population and resources? It should be obvious to most, yet the supposed "smartest guys in the room" are the first to stumble through it.
How do you achieve infinite growth on a planet with a finite population and resources? It should be obvious to most, yet the supposed "smartest guys in the room" are the first to stumble through it.
How do you achieve infinite growth on a planet with a finite population and resources? It should be obvious to most, yet the supposed "smartest guys in the room" are the first to stumble through it.
Efficiency gains. How many "resources" are consumed by a piece of software relative to the "growth" that resulted from it? I can now have a machine generate 100 mediocre pieces of art for $20, two years ago each one would have cost $100 and taken a week for an actual artist to produce.
How do you achieve infinite growth on a planet with a finite population and resources? It should be obvious to most, yet the supposed "smartest guys in the room" are the first to stumble through it.
The mistake people who ask this question make is assuming that growth must be contained on a single planet. As they used to say in a previous generation, mankind's destiny lies in the stars. And we don't get there by worrying about limits or by rejecting the idea that a better future is possible. Stagnation is a choice. Decline is a choice.
Nah, the mistake people make is assuming that everyone actually believed all these companies would grow forever.
A huge part of recent tech valuations has been driven by "greater-fool" type pumping of selling questionable business models and half-baked ideas as fast as possible.