Brian McConnell

A picture is worth a thousand words. This graph compares the price history of solar energy to conventional energy sources. The comparison is striking. This is what a disruptive technology looks like. While conventional energy prices remained pretty flat in inflation adjusted terms, the cost of solar is dropping,fast, and is likely to continue doing so as technology and manufacturing processes improve.

We live in a vast mechanized economy, where machines do 90-99% of the mechanical work needed to create and deliver products and services, even food. These machines are paid in energy, and have no notion of human currency. This article explores the idea of metabolic (energy backed) currency, how it might come about, and what we can learn from the technology industry.