5 ms·

By "swarm of megastructures" and "technology designed to catch energy from the star" I think he's referring to a Dyson Swarm: https://en.wikipedia.org/wiki/Dyso

• uxcn 11y ago
  I'm just not entirely convinced of the premise that energy consumption on that scale would be necessary for an advanced civilization. Particle accelerators would be a reasonable possibility though.
  • hyperpape 11y ago
    Not sure if I agree with this blogpost, but it's not a crazy idea if you extrapolate from economics on Earth: http://physics.ucsd.edu/do-the-math/2012/04/economist-meets-physicist/ http://physics.ucsd.edu/do-the-math/2012/04/economist-meets-....
    • uxcn 11y ago
      The math is essentially correct, but it oversimplifies some things, and it skips a number of factors. Larry Summers recently shared his opinion on the topic https://www.washingtonpost.com/opinions/the-global-economy-is-in-serious-danger/2015/10/07/85e81666-6c5d-11e5-b31c-d80d62b53e28_story.html https://www.washingtonpost.com/opinions/the-global-economy-i....
      • hyperpape 11y ago
        I'm not sure I understand the relevance of what Summers is saying. He's talking about a current slowdown in growth, and arguing for expansionary monetary policy. This article is claiming that there's a limited amount of growth that we can expect in the longterm, because we'll run out of sources of energy. But Summers isn't talking about energy as a limit..indeed, he's saying commodity prices are depressed. Am I missing something?
        • uxcn 11y ago
          The other article isn't entirely arguing that energy is a fundamental limit, although the example it gives is pretty hilarious. It's ultimately arguing that there are fundamentally limited things for capital to invest in and grow.
          • hyperpape 11y ago
            The only argument I see is that energy places a limit on growth. Now, one might think that if energy is one limit, there must be others, but I can't find that argument actually presented.
            • uxcn 11y ago
              > Economist: But I have to object to the statement that growth must stop once > energy amount/price saturates. There will always be innovations that people > are willing to purchase that do not require additional energy. ...and so on
              • hyperpape 11y ago
                I think you're getting this backwards--this is not an argument that there's more limits, it's an argument over whether limited energy actually implies limits to growth. What the economist says is "even if energy is limited, growth is not" and the physicist goes on to rebut that claim.
                • uxcn 11y ago
                  The rebuttal has to do with the definition of economic growth (assuming it isn't connected to energy consumption and gdp), which the economist argues has to do with quality of life. The rebuttal is that quality of life can only objectively improve to a certain point, and that the remaining measures aren't really quantifiable. So the last, albeit minor, argument is that there would be a point where there isn't anything to invest in to grow, which essentially describes the ultimate form of secular stagnation. I think the economic counter-argument goes something like the money supply isn't inherently finite. I could see that being an interesting argument.