This particular straw physicist seems to suffer greatly from the lack of imagination and a bunch of internal inconsistencies. For example, 400 years at 10x per century growth corresponds to 10000 the current energy consumption, still just 25% of the power provided by the sun, all of which is currently beamed back into space without boiling any oceans along the way.
Well, they rule out a lot of material at the beginning by agreeing to not be 'space cadets'.
A dialogue discussing how thermodynamics limits future growth in energy usage, and that in turn limits GDP growth, from the blog Do the Math.
I think this is quite relevant to many of the ideas of futurism (and economics) that we often discuss here on Less Wrong. They address the concepts related to levels of civilization and mind uploading. Colonization of space is dismissed by both parties, at least for the sake of the discussion. The blog author has another post discussing his views on its implausibility; I find it to be somewhat limited in its consideration of the issue, though.
He has also detailed the calculations whose results he describes in this dialogue in a few previous posts. The dialogue format will probably be a kinder introduction to the ideas for those less mathematically inclined.