Very interesting read on population growth and (supposed) scarcity of resources cato.org/policy-analysi…
If other good resources on this curious to read more.
"humanity suffers from a negativity bias, or “vigilance for bad things around us.”...Consequently, there will always be a market for purveyors of bad news, be they doomsayers who claim that overpopulation will cause mass starvation or...running out of natural resources"
"people often assume that population growth leads to resource depletion. We found the opposite. Over the past 37 years, every additional human being born on our planet appears to have made resources proportionately more plentiful for the rest of us."
"Between 1980 and 2017, the time-price of our basket of commodities declined by 64.7 percent. Over the same time period, the world’s population increased from 4.46 billion to 7.55 billion."
“This is my long-run forecast in brief: The material conditions of life will continue to get better for most people, in most countries, most of the time, indefinitely...I also speculate, however, that many people will continue to think and say that the conditions...are worse.”
"Consequently, we propose Simon’s Rule, which states that “As population increases, the time-price of most commodities will get cheaper for most people, most of the time. Unfortunately, most people will assume the opposite.”"
The article doesn't cover energy usage - but have seen some other good comments about the abundant amount of solar energy that hits earth each day.
Seems like it would take us very far, even without advances like fusion.
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Today we're launching our Digital Asset Policy Proposal (dApp) which we hope will help chart a course for clear regulation of cryptocurrency and web 3.0 in the US. It's critical to bring clarity to this space and ensure America remains a financial leader. github.com/coinbase/digit…
This is not about @Coinbase – we completed more than 75 meetings with stakeholders in government, industry, and academia to help shape this proposal, and we feel it represents a consensus point of view. It's inclusive and democratic by design.
Hopefully this proposal is constructive and is a part of the solution. Here’s an overview of the proposal from our Chief Policy Officer @faryarshirzad
1/ I do worry that as companies get to be more successful, the number of attacks from press, politicians, and trolls on CEOs (and rounds of congressional testimony) makes the job not fun, and they leave from burn out. Gates, Page, Bezos...
2/ America could be losing some of its best talent from this, and it has some parallels to what is happening to successful CEOs in China. You don't get moved to house arrest in the U.S., but it is our own version it, putting something that gets too successful in its place.
1/ It's been about a year since my mission-focused blog post. It wasn't easy to go through at the time, but looking back, it turned out to be one of the most positive changes I've made at Coinbase, and I'd recommend it to others. blog.coinbase.com/coinbase-is-a-…
2/ We have a much more aligned company now, where we can focus on getting work done toward our mission. And it has allowed us to hire some of the best talent from organizations where employees are fed up with politics, infighting, and distraction.
3/ One of the biggest concerns around our stance was that it would impact our diversity numbers. Since my post, we've grown our headcount about 110%, while our diversity numbers have remained the same, or even improved on some metrics.
Now that one country has tipped, who will go next?
Reminds me of what I wrote in my post on what will happen to crypto in the 2020s...
"In the 2020’s, I think we will see cryptocurrency adoption in emerging markets scale to hundreds of millions of users, with at least one country “tipping” so that the majority of transactions in their economy happen in cryptocurrency."
2/ Here is some more detail on the particular study they are running in dogs. They needed an additional $2.5m to get a statistically significant result on a ~9% increase in lifespan. drive.google.com/file/d/1bs7cyF…
3/ A human study would be quite a bit more expensive and take longer, but dogs are a nice intermediate step in a higher order mammal. Unlike lab mice they share our environment, are not sedentary, etc. So if it works here, this is great data to then pursue a human trial.
Apple taking a 30% cut on all digital payments on the iPhone is a bad policy that harms its customers, and it's great they are finally seeing pressure to change this.
It's so silly the number of things you can't buy without dropping going into a mobile browser (Audible books, etc). Many people who have been on iPhone a long time don't realize how much better this is on Android (Google enforces this less strictly, although not perfect).
If Apple had the courage, they should probably see the writing on the wall, and make this change voluntarily instead of having courts slowly force their hand over many years. Short term pain (from loss of revenue), but it would probably come back to them in spades long term.