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Stock Market Yo-Yo Watch

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abaleh3/02/2009 10:47:11 am PST

re: #491 turn

Maybe not now, but it won’t be long IMO. Many people tend to believe technology is advancing in a linear fashion rather than the exponential curve it is actually on. I believe 50 billion will be sustainable in the not to distant future given the advances we will make in molecular nanotechnology for instance.

[Link: www.crnano.org…]

Since the World’s population is projected to peak at ~9 billion and then decline, it doesn’t really matter. The question is if we can sustain the same level of production with the working age population in decline.
Technological advances should be focused on production enhancement (robotics, AI), or else there will be a need for workers from the developing world.