2min chapter

Eye On A.I. cover image

Episode 20 - John Platt

Eye On A.I.

CHAPTER

The Positive Feedback Loop in the Economy

J. Von's paradox is an observation made by a British economist back in the 19th century. He predicted that as steam engines, which used coal got more efficient, the amount of coal used would go down. But it turns out that it actually made the coal use go up. Through the economy, you can get some people say that you save energy, now you're making people wealthier,. and wealthier economies produce more. Then, through the feedback loop, the economy actually uses more energy.

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