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> Some people really need to take a chill pill. People can't take a chill pill because as we look around all the low hanging fruits of technological progress w
by McLaren_Ferrari 4y ago
> Some people really need to take a chill pill.
People can't take a chill pill because as we look around all the low hanging fruits of technological progress which bring about quality of life have been exploited.
We are in the refinement and small improvement part of the S-curve. Saturation.
Fracking wasn't as big as striking oil for the first time. EVs won't be like re-discovering the car all over again.
Conflicts and fear arise from scarcity or perceived scarcity. They will only go up as perception of scarcity rises among the population. When I say scarcity I also mean diminished rate of improvement, not just plain scarcity of oil, food , land etc.
Looking back at the late 1990s there were some quarters when the US economy grew at 7% YoY. Of course peple were chill back then, with that rate of improvement in quality of life everybody would be.
It's confirmed by the fact that the chillest and most loose countries today are Nigeria, Ethiopia, the usual suspects which grow at 9% YoY