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0 pointsmetobehonest12h ago0 comments

>You actually think the economy has reached the point of maximum growth due to the laws of thermodynamics?

Of course it hasn't. The real problem is that the atmosphere is being poisoned beyond repair, at an increasing pace, and that is tied to economic growth. That will eventually un-terraform the planet into a place hostile to agriculture, be it in 50 or 100 years. We're nowhere near being able to reverse this in any way, and there are no signs of it slowing down.

Are actuaries stupid doomers whose worldviews make them unable to function in society? You decide: https://actuaries.org.uk/media/ni4erlna/planetary-solvency.p...

>Good thing we are not confined to a closed system in any practical sense.You act like we haven't already used space for economic growth.

Oh, am I to believe space mining fantasies maybe? I'm sure we'll get there, just after AGI solves nuclear fusion for us in the next 5 years. Then we can have star trek replicators to go with them. I just wish it would happen sooner, that sea floor mining stuff is starting to gain traction and it isn't looking pretty.

>It's also a good thing that the concept of "growth" in this context is not limited by physical constraints

It actually is. The concept of "decoupling" of the economy from material resources has been debunked for a while now. Theoretically there can be efficiency gains that generate further growth, but those are usually quickly cannibalized by increasing demand, plus we're deep on the diminishing returns phase in a lot of fields.

I recommend this resource: https://eeb.org/wp-content/uploads/2019/07/Decoupling-Debunk...

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abletonlive11h ago

> That will eventually un-terraform the planet into a place hostile to agriculture, be it in 50 or 100 years. We're nowhere near being able to reverse this in any way, and there are no signs of it slowing down.

yet another classic bullshit doomer prediction that never plays out where you'll conveniently not be around to admit you're wrong about.

> Oh, am I to believe space mining fantasies maybe?

You don't need to, we're already at the point where we are using space and resources outside of our for economic growth, so it's not some kind of fantasy. We also have this celestial body that is used throughout the planet called "the Sun" which already makes your closed system argument fall apart, unless your worried about us being close to peak utilization of the sun too.

> It actually is. The concept of "decoupling" of the economy from material resources has been debunked for a while now.

Hilarious how something can be "debunked" yet it's exactly how the metric for "growth" that you're talking about functions today. Again if you add up the combined valuation for every company today did you think it's based on material resources? It's obviously not. Your first clue is that the valuation of companies is calculated and expressed as a dollar which is not backed by ANYTHING material. If the thing that you're using to measure growth in an economy is already an abstract concept with no basis on material resource, then it follows that "growth" is NOT CONSTRAINED by material resource.

Or did you think every time nvidia announces their quarterly results and the market puts a valuation on nvidia that we are allocating materials to nvidia? Again, your model of reality sucks. It doesn't fit.

Your closest peer is that guy that's a diehard fan of a sports team from their hometown that keeps losing but it doesn't matter because being a fan and supporting the hometown is more important than performing the sport well.

That's you. Your model of reality fails every single day but it doesn't matter because you're a fan of your bad model. The worst part? You keep telling everybody around you to place a bet on your model with their life savings despite never being able to produce an example where your model was right

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