Economics of the singularity

June 9, 2008 at 6:49 am 1 comment


Economics of the singularity

Originally uploaded by tintin5021

It’s reasonable to view past history as a series of abrupt, seemingly unheralded transitions from one economic era to another, transitions marked by the sudden and drastic increase in the rate of economic growth, this economist writing about the singularity says.

If this discontinuity is like the industrial revolution or the other historical singularities of the past, then growth would quickly speed up by between 60‑ and 250-fold. The way to get there is to forget about understanding the brain and focus on copying the brain.

Of course this kind of growth has to be consistent with the planet’s carrying capacity.

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Singularity by IEE twirlingtower1

1 Comment Add your own

  • 1. quasiperiodic  |  June 9, 2008 at 2:16 pm

    carrying capacity is an unsustainable limit. we’ve got to start mining space.

    Reply

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