How Technological Progress can Generate a Faster Collapse
The collapse of the North Atlantic cod fishery industry gives us a good example of the abrupt collapse in the production of resources – even resources which are theoretically renewable.
The collapse of the North Atlantic cod fishery industry gives us a good example of the abrupt collapse in the production of resources – even resources which are theoretically renewable.
Mutatis mutandis, that’s what happened to most of the other grand visions of transformative technological progress that were proclaimed so enthusiastically over the last century or so.