This chapter explores the concept of Reichsler and its application across industries like semiconductors, solar panels, and batteries, highlighting the role of learning and optimization in reducing costs. It discusses the importance of the division of labor, learning by doing, and the dynamic feedback loop of competition and innovation in driving down prices. The conversation also touches on sharing intangible knowledge, simulating learning through computer models, and leveraging economies of learning for positive social outcomes and prosperity.
The world of today would seem alien to someone living 30 years ago: people seduced by their screens in private and public and now AI blurring the lines between humans and the machine. Author and technologist Azeem Azhar chronicles the pace of change and asks whether the human experience can cope with that pace while preserving what is fundamentally human.