A thermodynamic miracle: Compute and energy are key to humanity’s continued evolution


JAMES PETHOKOUKIS – James Pethokoukis is a fellow at the American Enterprise Institute and an official CNBC contributor. AUG 24 Explaining humanity’s societal evolution is the goal of the marvelous new (and preliminary) paper “The computational power of a human society: a new model of social evolution” by David H. Wolpert (Santa Fe Institute,) and Kyle Harper (University of Oklahoma, Santa Fe Institute.) It’s a big-picture, big-think analysis that syncs well with what I write about both in this premium newsletter and in my 2023 book, The Conservative Futurist: How To Create the Sci-Fi World We Were Promised. But more on … Continue reading A thermodynamic miracle: Compute and energy are key to humanity’s continued evolution

“These jobs aren’t coming back”


Finally the realisation is sinking in that this is no longer business as usual.  The economy will come out of this recession looking different. Job Losses Hint at Vast Remaking of Economy | NY Times The unemployment rate surged to 8.1 percent, from 7.6 percent in January, its highest level in a quarter-century. In key industries — manufacturing, financial services and retail — layoffs have accelerated so quickly in recent months as to suggest that many companies are abandoning whole areas of business. “These jobs aren’t coming back,” said John E. Silvia, chief economist at Wachovia in Charlotte, N.C. “A … Continue reading “These jobs aren’t coming back”