How Falling Energy and Labor Costs Will Transform Society
The Twin Engines of Abundance
I see an emerging world filled with accelerating levels of abundance thanks to plummeting costs.
A vibrant, creative and constantly evolving place where the two most significant constraints on human progress and well-being – (1) the cost of energy required to power our lives and industries, and (2) the cost of the labor needed to produce goods and services – are simultaneously and dramatically reduced.
Key technologies are entering commercial viability: nuclear, robotics, AI and more — all at the same time. Each positively influencing the rate of technological breakthroughs.. and they all interact with each other in different ways, amplifying the leverage and total acceleration across the system. I talked about what this world will look like recently on a podcast - the conversation focused on decentralized AI and the rising power of machine learning in general:
