Digital science and Economics

winding road.

The rise of digital science has changed the world profoundly. The ability to talk to someone half-way around the world one minute and work on the design of a next-generation product the next is amazing. Add to this the number of individuals who have access to these types of resources, and you begin to see how digital science has made the world a far better place. It has given rise to opportunities that, even in the days of the mainframes, would have been considered unimanginable.

All of this has been wondrous and grand, but for all of the upside, there are issues that have developed from the large-scale utilization of this subject. The biggest issue is that the world's economies have not only become dependent on the products produced by this science, they have become critically dependent upon Moore's Trend. The world of finance and investment has  become "addicted" to geometric technological growth in efficiency.

Economic Addiction

One inviolate truth can be stated about all physical geometric growth processes. They can only be maintained indefinitely with access to an unlimited supply of physical resources.  The universe does not offer us such a thing. Consequently, all such growth must come to an end.

Addiction arises whenever an individual or group of individuals become dependent upon this type of growth pattern to maintain a given, expected state.  That is what the financiers around the world have done in the last 50 years. They have linked the measure of value to future projections of  production driven by Moore's Trend.

So, when Moore's Trend comes to an end--and it will come to an end because we cannot use a single atom to store volumes of data--the world's measure of value will suffer. The degree of suffering will depend upon the steps taken to move digital science in a new direction, establishing a more healthy form of growth based on effectiveness rather than efficiency.

Base Knowledge