Technology is advancing at an exponential rate often called the "Law of Accelerating Returns." If futurist predictions prove correct, we'll have advanced molecular manufacturing by around 2025, and possibly the replacement of humanity by vastly advanced machines a decade or two later.
This is a chronicle of our journey to that future, one advancing technology article at a time. I post the more significant and interesting articles as I come across them.
Sunday, October 4, 2020
Science pays off
"Even under very conservative assumptions, it is difficult to find an average return below $4 per $1 spent. Accounting for health benefits, inflation bias, or international spillovers can bring the social returns to over $20 per $1 spent."
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