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Govt economic advisor warns British defence planners that growth is ending... and it's not just the U.K.
As automation displaces the great majority of workers, labor (not
industrial) productivity will zoom past zero.
As for energy, battery, and other temporary energy storage, will surely
improve though increases in density could become a major saftey factor as
they equal or exceed liquid fuel (perhaps even high explosives). Preventing
such batteries and ultra-ultra-capacitors from sudden discharge is still a
relatively unsolved issue.
, Jul 6, 2018, 10:20 AM jim bell <jdb10987 at yahoo.com> wrote:
> This article sure sounds foolish. As I see it, the main driver in the
> increase in "growth" (other than population) is productivity.
> Productivity tends to be driven by gradual adoptions of automation, which
> has been a major factor for 50+ years, and actually far larger. Automation
> isn't going away, and will only increase in effectiveness for decades
>
> Energy is a factor, but society is well on its way to the widespread
> adoption of solar and wind energy. Solar is useful in most locations, and
> wind will eventually be useable just about everywhere, 24 hours per day,
> with the use of low-resistance materials to conduct that energy, for
> example metallic carbon nanotubes. (MCNTs).
>
> Jim Bell
>
>
>
>
>
> On Friday, July 6, 2018, 9:15:13 AM PDT, Steven Schear <
> schear.steve at gmail.com> wrote:
>
>
> "If we extrapolate this trend forward, labour productivity growth would
> reach zero by 2028."
>
>
> https://medium.com/insurge-intelligence/govt-economic-advisor-warns-british-defence-planners-that-growth-is-ending-abf806f17845
>
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