[extropy-chat] Development of returns on capital investments as we approach the Singularity
Jan Hendrik Schmidt
janhschmidt at hotmail.com
Sun Oct 24 18:11:00 UTC 2004
Here are two questions I've been wondering about for some time:
1. What are the driving forces that determine the average returns on invested capital in our world? Does anyone know the fundamental economic reasons why these returns have so far been around 5-15%?
2. Applying such an economic understanding to Singularity theory (as thought out by Eliezer Yudkowsky, Vernor Vinge, and others), how should we expect capital investment returns to develop as we approach the Singularity? Will they go to zero or to infinity, or stay as they are now? Does anyone know of a good economic treatment of this issue?
I'd be most grateful for enlightenment on these issues.
Jan Hendrik Schmidt
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