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meltem
@meltem
1/ controversial topic: western economies are going to die due to poor energy policy, ESG is a mental illness energy consumption in western economies down over the last decade. economic systems consume energy. declining consumption is a leading indicator of low systemic output. https://i.imgur.com/ov3wxbb.jpg
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ian
@iandaos
🤔 makes me wonder about: 1/ energy efficiency 2/ physical vs. digital GDP
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meltem
@meltem
energy efficiency has limits and should be displaced by consuming higher tech goods (requiring more HPC and therefore energy) digital goods require energy consumption and have a very physically intense value chain, starting from semis to data centers to devices themselves and their energy consumption
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ian
@iandaos
totally... do digital economies (e.g., Insta, Tik Tok) start to escape the laws of physics, have exponential leverage, and show up as net declines in energy consumption? ex: the digital creator economy and future metaverse?
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meltem
@meltem
sorry to say but u can never escape the laws of physics 😘 humanity has tried for thousands of years, still no perpetual motion machine
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ian
@iandaos
lol fair but digital creator economies don't have significantly higher consumption:output leverage?
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meltem
@meltem
how do you quantify output and what are you displacing?
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ian
@iandaos
i guess economic activity/output like GDP - and in terms of what's being displaced, it would be a broader transition from physical to digital economies (eg digital goods, "metaverse")
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meltem
@meltem
all digital goods still are anchored to physical infrastructure, physical endpoints (create / consume) have a chip and electricity + a physical transport layer to connect the two re: OSI stack economy can never be fully digital because we have physical needs, altho u could do the pods and the bugs maybe
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ian
@iandaos
yeah, 100% agree - i guess i'm asking about leverage, meaning that digital economies can produce more output for the same input of energy than physical ones, and therefore, western economies that are increasingly more digital will show that in the data? (and hopefully not die?)
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