The Limitless Potential of Technology

" Some intellectuals since the Industrial Revolution have hypothesized that economic growth is essentially limited. But [Mark Zuckerberg's] prediction of the launch of the metaworld is a good example of why this line of thinking is wrong. In his book The Ultimate Resource 2 , economist Julian Simon explains why there is no real constraint on economic growth, no shortage of resources, because one resource can always be replaced by another, always applying enough ingenuity to the problem.
“Using lead-acid batteries as an example, Simon writes,“ What matters to us is not whether we can find lead in existing lead mines, but whether we can service batteries at the lead price; It doesn't matter. this is achieved by recycling lead, permanently storing batteries or replacing acid lead batteries with another device.
"In recent decades, technology has replaced more efficient use of resources with more efficient use of resources. Instead of using more land to build new hotels, for example, Airbnb has found a way to take passengers to second place. As a structure for infrastructure land ownership.
"And now Metavers can give humanity more technological capabilities than ever before. By allowing us to cater to a growing part of our material space, it will allow us to do much more and save resources such as fuel. Instead of consuming building materials and land." .
"Metaverse does not solve everything and will create unexpected difficulties and negative side effects like any new technology. But what entrepreneurs and consumers can do best is the fact that such technological advances can help solve the problems ... of the future and even greater well-being than we began to measure. ”

~ Saul Zimet from his article " Three Huge Benefits That Could Come From Metaberts"

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