MISCELLANEOUS: Technological progress exponential ?
Technological progress is accelerating, this is the credo of futurist and inventor Ray Kurzweil.
I have always been quite sceptical about this statement, for various reasons, some of them being:
Innovation Everywhere—How the Acceleration of “GNR” (genetics, nanotechnology, robotics) Will Create a Flat and Equitable World
I have always been quite sceptical about this statement, for various reasons, some of them being:
- Resources are limited and any growth will settle once a system approaches these limits.
- Some things grow exponentially (e.g. computer power, number of sequenced nucleotides), others don't (e.g. number of proteins being structurally analyzed). So this growth behaviour were less a general law than a data selection effect.
- Technological growth rates might be correlated with the population growth rates which are also exponential and which can't hold forever (same reson as in 1).
- Growth is strongly due to availability of oil. After we have reached (world) "peak oil" things might change.
Innovation Everywhere—How the Acceleration of “GNR” (genetics, nanotechnology, robotics) Will Create a Flat and Equitable World