I suspect there is a physical constant at the core of abundance. I believe the constant is related to the relationship between the amount of information and the amount of matter involved in providing a good. This could be a huge break through for science and economics.
I don’t have the resources to explore this idea so I’m tossing it out there for someone else to develop. All I ask is you credit me with the concept. If someone wants to provide the resources I would gladly do the research.
Many people have heard of Moore’s Law or at least the effect. The number of components that fit on to a microchip doubles every 18 months. That means every 18 months new electronics such as computers are twice as powerful as the previous generation. Moores Law has been functioning consistently since the 1970’s.
Ray Kurzweil has a presentation where he points out computers aren’t the only thing with the doubling effect.
Almost all technology has some doubling. The rates of doubling are different for each technology but each one has a consistent doubling rate. So why is the rate consistent?
Innovation is an information processing activity. You analyze desires, which are information, then use information to affect something physically resulting in the desire being satisfied. There is a material component and an informational component to innovation. In fact everything in the universe has an informational component. Read more