> Value growth isn't tied to physical resources anymore, it's increasingly ascribed to intangible things, such as intellectual property No this isn’t accurate.

> Value growth isn't tied to physical resources anymore, it's increasingly ascribed to intangible things, such as intellectual property No this isn’t accurate. No one values IP for its own sake; it is still responsible for generating revenue and being translated into profit. The process by which this happens is still resource extraction (raw materials into chips, energy into processors, etc etc etc). And you are really only talking about tech. Every other industry has the same demand for infinite growth and can’t hide behind an IP abstraction layer.