[HN Gopher] This Can't Go On
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       This Can't Go On
        
       Author : rfw300
       Score  : 37 points
       Date   : 2021-08-03 20:20 UTC (2 hours ago)
        
 (HTM) web link (www.cold-takes.com)
 (TXT) w3m dump (www.cold-takes.com)
        
       | babelfish wrote:
       | This is what terrifies me about the FIRE movement.
        
         | axiosgunnar wrote:
         | Could you elaborate? I am genuinely interested.
        
         | kapp_in_life wrote:
         | How do you mean? I'm sure even with flat yields people in that
         | camp will be far better off than the average person since one
         | of the prerequisites is getting assets equal to 20-30x your
         | annual expense
        
       | Kydlaw wrote:
       | I'm surprised the author tackled this topic without mentioning
       | World3 from The Limits to Growth or the heavy reliance of modern,
       | developed societies on fossil fuels? Thus it's a very interesting
       | economical opinion, but without adding the physical aspects
       | (energy consumption) into the reflection, I don't see any
       | interesting result.
        
       | N00bN00b wrote:
       | Honestly, I can just change what I consider economic growth and
       | the problem immediately goes away. I can make that graph do
       | anything I want, just a matter of convincing enough people to go
       | along with it.
       | 
       | Also:
       | 
       | >Why can't this go on?
       | 
       | >If this holds up, then 8200 years from now
       | 
       | Alright. Well how about we worry about that in 8100 years?
        
       | maerF0x0 wrote:
       | fundamentally all human growth and expansion is in order to
       | satiate desires for dopamine and other feel good chemicals.
       | 
       | It's a relative cycle including what one has recently
       | experienced, combined with observations of relative status (eg,
       | what is your neighbor going through). This is a process whereby
       | the only way to maintain good feelings is to incrementally
       | consume more units of good per unit of dilution (eg time, or
       | density). For example getting more reward experiences in
       | succession -- this is the example of social media + video games.
       | Another example is high fructose corn syrup sweeter per gram...
       | 
       | Until we can get off that treadmill we're going to be more and
       | more consumptive (than both our previous selves, and our peers)
        
       | ehmish wrote:
       | I think the thing that this article misses is that per capita
       | growth (the thing that's important for people's experienced life
       | satisfaction) can essentially grow a lot further with fewer atoms
       | under cultivation if you increase density. Humanity probably
       | doesnt have much more area under cultivation than 300 years ago,
       | but it has several orders of magnitude more people. The way i see
       | the future going is less people, but each one is a billionaire.
       | Kind of like how when stars run out of fuel they don't just
       | wither away, but turn into very hot, dense and fast spinning
       | white dwarfs.
        
         | robotresearcher wrote:
         | A billionaire 150 years ago could not save their life from a
         | now-trivial infection with penicillin, or talk to a loved one
         | in the next town on the phone.
         | 
         | If we're lucky and smart, we will be vastly better off than
         | today's billionaires, even with modest bank balances.
        
         | AndrewGaspar wrote:
         | World population in 1700 was 600 million, which is a single
         | order of magnitude.
        
           | Kydlaw wrote:
           | Thank you for checking, I was dubious too about that claim.
        
       | iforgetmypass wrote:
       | Does HN not have rules against clickbait titles?
        
         | quietbritishjim wrote:
         | It seems the masses disagree with you, but personally I also
         | find it objectionable. I shouldn't have to click through and
         | increase someone's ad view count just to find out the article
         | is completely irrelevant to me.
        
           | iforgetmypass wrote:
           | I see this all the time on HN and it's maddening. Every other
           | site I read has rules against clickbait titles.
        
         | tempestn wrote:
         | I believe the rule is against changing the title to make it
         | more click-baity. (Or for any reason besides necessary
         | shortening.) In this case the title of the original article was
         | used unchanged.
        
           | iforgetmypass wrote:
           | Wouldn't this be the original article author's problem, not
           | HN readership's?
        
       | tempestn wrote:
       | I would argue that the stagnation option is the most likely.
       | After all, the exponential growth in technology and economics is
       | made up of a series of smaller 'S' curves in individual
       | technologies and industries. Each goes through an initial period
       | of slow growth, followed by a rapid expansion, and then a slowing
       | and leveling off of growth. We're already seeing this same
       | pattern on a larger scale with population growth. Certainly a
       | significant drop is possible. I suppose a 'singularity' is
       | conceivable as well. But an S curve, with growth leveling off
       | over time, seems like a good prior. (Of course, it won't be
       | perfectly smooth. Zoomed in, it might end up feeling more like
       | the sawtooth graph.)
        
       | iammisc wrote:
       | This is silly. For one, large portions of the economy are _not_
       | built on actual material. For example, take software, an
       | evergrowing segment of the economy.
       | 
       | The number of computer programs is incredibly large. Even
       | assuming a dense packed instruction set, even 512 bits is already
       | enough to contain more programs than can be assigned to
       | individual atoms in a universe! That's right. We could label
       | every single atom with a number that would fit in the AVX
       | instruction registers. That scale is mind-blowing, but it's true.
       | 
       | Take for example another growing part of the economy: AI. AI
       | models like GPT-3 contain billions of floating point parameters.
       | The number of potential configurations of the weights (which is
       | what ultimately holds the value when models like GPT are
       | productized) is orders of magnitude larger than the universe.
       | 
       | The fallacy here is the equivalence of economic goods to material
       | goods. Many economic goods are not material.
       | 
       | Moreover, many material goods hold no value due to the material,
       | but rather to the placement or arrangement of the material. In
       | this sense, the same 'stuff' can be part of multiple goods and
       | each of those goods can be more expensive than the previous good.
       | For example, if I paid a laborer $10 to mine aluminum, the
       | refinery $2 to refine it, the sheet metal factory $3 to make a
       | sheet, the sheet metal worker $10 to make a good of it, and then
       | the installer $20 to install it. I've made ever more money off
       | the same 'stuff'. As industries like recycling take off, there is
       | yet more opportunity to be had in the same amount of stuff.
       | 
       | And this doesn't even begin to touch on services and such, which
       | do not even require material goods proportional with the economic
       | value added.
       | 
       | In other words, there is no reason to believe we will hit up
       | against an atomic wall after which we will be unable to expand
       | the economy due to a shortage of atoms.
        
         | Kydlaw wrote:
         | > The fallacy here is the equivalence of economic goods to
         | material goods. Many economic goods are not material.
         | 
         | But what part of the economy does this represents? Most of the
         | Internet run through ads, whose objective is to sell stuff. The
         | real fallacy is the knowledge economy here. The value of
         | Internet is that it sells physical stuff, not that it makes
         | people smarter or happier.
        
         | travisjungroth wrote:
         | > The number of computer programs is incredibly large. Even
         | assuming a dense packed instruction set, even 512 bits is
         | already enough to contain more programs than can be assigned to
         | individual atoms in a universe! That's right. We could label
         | every single atom with a number that would fit in the AVX
         | instruction registers. That scale is mind-blowing, but it's
         | true.
         | 
         | You're going the wrong direction. The issue isn't fitting atoms
         | into data. It's fitting data into atoms. You can give every
         | atom a GUID, but you can't give every GUID an atom!
         | 
         | You don't have to put it in terms of economy. Our rate of
         | growth for energy and data are unsustainable. Current growth
         | would hit a wall informed by our understanding of physics
         | somewhere very roughly in the thousands-of-years-range. So
         | either we go beyond our needs for space and energy or growth
         | slows down. Both of those are a big change from the status quo.
        
           | Kydlaw wrote:
           | > Current growth would hit a wall informed by our
           | understanding of physics somewhere very roughly in the
           | thousands-of-years-range.
           | 
           | A thousand years is a very optimistic estimate I would say.
           | World3 (which is still on track of its predictions) predicts
           | before 2050, which seems realistic considering the current
           | context.
        
         | babelfish wrote:
         | Everything you bring up requires mass amounts of energy, which
         | consumes mass amounts of fossil fuels and natural gases, and is
         | not "free".
        
           | dougweltman wrote:
           | How much energy is stored in the chemical bonds of the
           | materials that make up a camera? Or a Garmin GPS? Or a
           | newspaper?
        
             | arka2147483647 wrote:
             | Camera is made of materials which need to be mined,
             | transported, refined, milled, soldered, molded, etc.
             | 
             | So quite a lot of energy has been used to make the camera.
             | It is not really about of the chemical bonds in the camera,
             | but about the the energy the whole manufacturing chain
             | uses.
        
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       (page generated 2021-08-03 23:00 UTC)