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MIT Has Predicted that Society Will Collapse in 2040

Economics Explained
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25 พ.ย. 2021

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Economics Explained
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Sean Whearty
Hey guys. If we work really hard, we can achieve that goal by 2030
Faethe
My experience is that there's never been a group of science types as bad at prediction as economists.
TheSoundOfBand Instrumental
TheSoundOfBand Instrumental 28 วันที่ผ่านมา
"Here you go, have an ad."
An Old Man and his HPV
An Old Man and his HPV 14 วันที่ผ่านมา
I was at MIT economics at the time, and I met Prof Forester several times. You have to remember that the 70s were a time of huge commodity price increases. Many people, not just economists, extrapolated this out to mean that we would eventually run out of things. Later this became known as "peak oil" etc.I remember one paper that said we would soon run out of copper because the minimum minable grade was assumed to be 0.1%.
Tony Jones
I liked the "apartment vs. castle" statement. I visited the main ruins of a castle in Germany and, until the guide mentioned it, it never occurred to me just how COLD those joints got in the winter...
Matt Greene
Matt Greene วันที่ผ่านมา
There's a book called Fates Of Empires by Sir John Glubb in which he studied lots of failed societies, and found a pattern. We're just following along the cycle he discovered. One reason he mentions for this that the OP didn't mention....was that history is not truthfully taught. Since we constantly revise history, we can't escape the cycle.
General Kenobi
"So basically yeah the world is ending. Sponsored by Skillshare!"
Michael McGrath
I was 20 when the Limits to Growth was published. I really did not expect our civilisation to endure until today. I am constantly gobsmacked at how résiliant and innovative humans are, but I’m not encouraged by the general ambivalence and ignorance of our world “leaders”. I’ll be ninety by 2040, if I’m lucky. I’m much more concerned for my children and grandchildren’s future. As they say, “There is no planet B.”
Theophilus Jedediah
What is the more frightening idea than the our civilization coming to and end is the fact that there are many in government working actively towards this goal.
Francis Xavier
Francis Xavier 21 วันที่ผ่านมา
"A lot of technological innovation these days is just major companies finding new and innovative ways for you to waste your time consuming advertiser content." - this is so true, disappointing, and frightening.
Alëy Oakenshield
One Mistake: Kings in wealthy nations during medieval times never ate cholera infested food. They also had enough servants for hot baths, fresh clothes, lit fireplaces in every room, or any other services you need. Obviously there were other problems (like their doctors still only knowing a fraction of what they do today).
Brash Adventures
I'm currently reading Foundation by Asimov and the correlation with the simulations ran by MIT vs Psychohistory are interesting.
Investment Joy
Would love to see a comparison of the various economic doomsday theories of the 50s-80s and see how they've fared. I remember hearing my parents and their friends talking about them in the early 90s, and yet here we are.
ExoHive
So with the business as usual scenario, we would have to address pollution, consider automation in some parts of the industrial economy, increase food production by fully utilizing certain areas (I.e. vertical farming/hydroponics vs traditional farming methods) etc. it’s possible but not everyone is willing to put Billions upon Billions of dollars into this despite it most likely to have generous returns eventually.
Paolo Fumarola
I red the book "at our wit's end" recently, by Edward Dutton and Michael Woodley, and I have to say that their analysis of specifically the "innovation" part as fuelled by Intelligence as measured by IQ and how this always declines in advanced civilizations due to negative selection is amazing
Tigerpirro
Tigerpirro 20 ชั่วโมงที่ผ่านมา
So we have about 20 years to fix enough for society to continue in a non "mad max" type scenario?
Hike Ranger
Props for the amount of work you did pulling this whole thing together...in a way it is Epic content.
Jithin M
Jithin M 15 ชั่วโมงที่ผ่านมา
A working fusion reactor might become the turning point of the human civilization. I could not think of a worldy problem that cannot be addressed by an infinite supply of pure energy.
Better Chapter
"History doesn't repeat itself, but it often rhymes"
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