The Exponential Trendline of Economic Growth
Study the past, if you would divine the future
—Confucius
The future influences the present just as much as the past.
—Friedrich Nietzsche
The first and most important concept to internalize is the accelerating rate of change. This is a very under-discussed subject even though it increasingly affects almost everything about modern life. One of the best places to read about this is Ray Kurzweil’s 2001 essay, despite the age of the article (the dearth of more recent writings by multiple people is itself a problem that this whitepaper aims to correct). From his essay, we see how technological progress is accelerating, multifaceted, and diverse. The essay also proves that technological progress ...
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