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This is OT, but I can't wrap my head around the reverence of global economic growth. Surely it is unsustainable in the long run. It would seem far better if peo
by aleksei 10y ago
This is OT, but I can't wrap my head around the reverence of global economic growth. Surely it is unsustainable in the long run. It would seem far better if people weren't required to buy a new, slightly shinier, device every few years just to keep society from collapsing.
As for the stalling of technological progress & sales, I would venture it's partly because the technology has caught up with other industries; eg. I can now watch HD movies on demand on my smartphone, at practically no cost. While it may be impractical to design smaller CPUs, there is also no incentive to do that, as people don't really have a need for it (also, see the rise in high end GPUs for VR gear, since that's what people want). However, I'd say there are other avenues of progress available than mere clock speeds, eg. energy consumption. I doubt marketing departments around the world will shrug and say 'Well, we had a good run, now it's time to call it a day'. Although that's what I'd hope for.