16: Tyler Cowen - The Revolution Will Not Be Marginalized
The Portal
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The Cost of Destroying the World by Pressing a Button
The cost of destroying the world by pressing a button is falling all the time, every year. At some point it will only cost, say, 20 thousand dollars to take out a major city. When prices fall, people do more of things. Destructive weaponry is becoming cheaper. How can you be optimistic? I asked him, no good answer. He said, well, my theory's not predictive. Is just a way of thinking about it. It a so so it instantly falls apart. But at the end of the day, if the clock ticks for long enough, it's boom and by.
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