= 27d567bc2d48d9f40e9ccc20ea370b15)
Yosarian2 comments on The map of future models - Less Wrong
You are viewing a comment permalink. View the original post to see all comments and the full post content.
= 783df68a0f980790206b9ea87794c5b6)
Loading…= b715d02e85f7b3b4ae65ca3d3e450868)
Subscribe to RSS Feed
Powered by Reddit
= f037147d6e6c911a85753b9abdedda8d)
You are viewing a comment permalink. View the original post to see all comments and the full post content.
Comments (22)
A 3% a year economic growth model is actually an exponential growth model as well, it's not linear at all. The exponential growth rate is a lot lower then Moore's law, 1.03^n instead of 2^n, but it's still exponential growth.
That is true, but those who use this model predict typically not for long - 5-10 years, where exponential nature of such growth is not much evident. But in demographic and long term economic prediction it becomes clearly exponential. Probably I should reformulate and separate slow, but exponential growth, from actually linear predictions.
Yeah; don't underestimate slow but exponential growth, I would say that 3% a year growth is what really started at the start of the industrial revolution and why we've gotten as far as we have.
Personally I expect overall civilization wide exponential growth at some intermediate level for the next few decades faster than 3% but slower then Moore's law. Lot of uncertainty in there of course.