In the early 1950s the same thought occurred to many people at once: things are improving so fast and so regularly, there might be a pattern to the improvements. Maybe we could plot technological progress to date, then extrapolate the curves and see what the future holds. Among the first to do this systemically was the US Air Force. They needed a long-term schedule of what kinds of planes they should be funding, but aerospace was one of the fastest moving frontiers in technology. Obviously they would build the fastest planes possible, but since it took decades to design, approve, and then deliver a new type of plane, the generals thought it prudent to glimpse what futuristic technologies they should be funding.
Solar now cheaper than coal!
From: http://www.guardian.co.uk/environment/2007/dec/29/solarpower.renewableenergy
“Figures released yesterday by the Earth Policy Institute in Washington showed that solar electricity generation was now the fastest-growing electricity source, doubling its output every two years. It is now attracting government and venture capital money on an unprecedented scale.”
“This is the world’s lowest-cost solar panel, which we believe will make us the first solar manufacturer capable of profitably selling solar panels at as little as 99 cents a watt,” said Roscheisen yesterday.”
PopSci awarded nanosolar as the most innovative product of 2007.
http://www.popsci.com/popsci/flat/bown/2007/green/item_59.html
Further, these exponential doubling trends not only occur in solar/renewables, but hard drive storage and compression technology, computer processing speed, LED lighting, etc…
…known resources” are not given by nature; they depend on the analytical capacities of the human mind. We can never know how many resources can be obtained from a cubic foot of the universe: all we know is how much we have found thus far, at a given date. You can starve in the middle of a field of wheat if your mind hasn’t identified wheat as edible. Real Wealth results from Real Knowledge, which is increasing faster all the time. - Robert Anton Wilson.



