Knowledge Makes the Existence of Resources Infinite

This post is by naval from Naval

We’re going to keep creating new knowledge and new resources

Brett: Knowledge is the thing that makes the existence of resources infinite. The creation of knowledge is unbounded. We’re going to keep on creating more knowledge and, thereby, learning about more and different resources.

There’s this wonderful parable of europium in The Beginning of Infinity where David talks about when the first color television started to be manufactured about 60 years ago. There was a cathode ray tube type where you’d fire a stream of electrons at a phosphorescent screen. The phosphorescent screen would have these pixels, three different colors, one of which was red, and those red phosphors on the screen were filled with the element europium.

The interesting thing about europium is, when you put electricity through it, when you excite it, it glows with this red color. The extra-interesting thing about europium is that it is the only such element on the periodic table; it’s the only chemical that will do that. If you fire electrons at it, it will glow the red that you need to have for color television.

It was calculated that there’s only a certain amount of europium on the earth, and that amount of europium was quickly being consumed by cathode ray tube manufacturers. So the scientists had a perfectly robust mathematical theory about how the number of cathode ray tubes was finite; therefore, we’re going to run out of cathode ray tubes.

It’s true, in a very narrow sense, that for (Read more...)