Clearer Thinking with Spencer Greenberg Can the economy grow indefinitely? (with Alyssa Vance)
Jan 26, 2022
Alyssa Vance, an AI systems engineer and entrepreneur, dives deep into intriguing topics about the economy and technology. She likens economic growth to differential equations, pondering its potential limits. The conversation shifts to the thrilling world of genetic engineering, including DIY experiments, and the ethical dilemmas that arise. Vance also sheds light on AI misconceptions, stressing the distinct differences between AI and human cognition. Lastly, she tackles the complexities of trust in digital communities and the pervasive impact of misinformation on society.
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Economy as a Differential Equation
- The economy can be modeled like a differential equation, representing relationships between current states and their rates of change.
- Variables like GDP and its rate of change illustrate this, similar to height and growth rate in humans.
Economic Growth Limitations
- Just as human growth follows predictable patterns, economic systems have inherent limitations.
- Babies grow quickly, adults don't; economies rely on growth, but perpetual growth is unsustainable.
Societal Dependence on Growth
- Societal factors, like employment and retirement security, depend on economic growth.
- Continuous growth, however, leads to unforeseen consequences, exemplified by CO2 emissions and climate change.