Human ingenuity + industriousness > Raw materials, even the most valuable one
Even princes born with black gold will sooner or later be surpassed by organizations run by inventors, scientists, and engineers. The values and abundance generated by hi-tech services are increasing while traditional energy sources are being supplanted by renewables.
“The Stone Age did not end for lack of stone, and the Oil Age will end long before the world runs out of oil.” -- Sheikh Zaki Yamani, a former Saudi oil minister.
Even princes born with black gold will sooner or later be surpassed by organizations run by inventors, scientists, and engineers. The values and abundance generated by hi-tech services are increasing while traditional energy sources are being supplanted by renewables.
“The Stone Age did not end for lack of stone, and the Oil Age will end long before the world runs out of oil.” -- Sheikh Zaki Yamani, a former Saudi oil minister.