> Fundamentally exponential growth is not sustainable in the long run.
Growth doesn’t mean that we make materially more things, but that we make better things. Compared to a torch, a calculator, a phone, a GameBoy, etc… an iPhone requires far less raw materials.
This can be applied to any industry, so exponential growth is indeed possible.
We don’t need to work more or consume more things unless we either give up on innovation or if we think innovation is not possible because we have reached a knowledge boundary. The former would be a silly decision to make, the latter is an assumption that should be demonstrated.
Growth doesn’t mean that we make materially more things, but that we make better things. Compared to a torch, a calculator, a phone, a GameBoy, etc… an iPhone requires far less raw materials. This can be applied to any industry, so exponential growth is indeed possible.
We don’t need to work more or consume more things unless we either give up on innovation or if we think innovation is not possible because we have reached a knowledge boundary. The former would be a silly decision to make, the latter is an assumption that should be demonstrated.