How many 10x productivity revolutions do we need? At the end of it, will there be only one person left producing everything for humanity in 5 minutes each Tuesday afternoon?
How many 10x productivity revolutions do we need? At the end of it, will there be only one person left producing everything for humanity in 5 minutes each Tuesday afternoon?
If the environmental damage was accurately priced in, it would be much more attractive to produce locally with local materials and with local knowledge.
It would be less “efficient” in the sense of what a production facility could do in terms of output/input at the gates of the facility, but it would be much more efficient in terms of the overall economy.