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by uxcn 3905 days ago
I'm just not entirely convinced of the premise that energy consumption on that scale would be necessary for an advanced civilization. Particle accelerators would be a reasonable possibility though.
1 comments

Not sure if I agree with this blogpost, but it's not a crazy idea if you extrapolate from economics on Earth: http://physics.ucsd.edu/do-the-math/2012/04/economist-meets-....
The math is essentially correct, but it oversimplifies some things, and it skips a number of factors.

Larry Summers recently shared his opinion on the topic https://www.washingtonpost.com/opinions/the-global-economy-i....

I'm not sure I understand the relevance of what Summers is saying. He's talking about a current slowdown in growth, and arguing for expansionary monetary policy. This article is claiming that there's a limited amount of growth that we can expect in the longterm, because we'll run out of sources of energy. But Summers isn't talking about energy as a limit..indeed, he's saying commodity prices are depressed.

Am I missing something?

The other article isn't entirely arguing that energy is a fundamental limit, although the example it gives is pretty hilarious. It's ultimately arguing that there are fundamentally limited things for capital to invest in and grow.
The only argument I see is that energy places a limit on growth. Now, one might think that if energy is one limit, there must be others, but I can't find that argument actually presented.

    > Economist: But I have to object to the statement that growth must stop once 
    > energy amount/price saturates. There will always be innovations that people 
    > are willing to purchase that do not require additional energy.
...and so on