<html> <p>To zoom out is useful. It puts the events networks of <em>our</em> spacetime in perspective. Including on what the great Jorje Luis Borges was calling the Orbis Tertius [1]:</p> <blockquote>''<em>ORBIS TERTIUS. "Tertius" (Latin = third) is an allusion to: World 3: the world of the products of the human mind, </em>defined<em> by Karl Popper.''</em></blockquote> <p>Poetically stated, ''<em>retrodiction studies</em>'' [2], [3], [4] enables us to get a glimpse on the <em>"clear, cold lines of eternity"</em>.</p> <p>Back in 20th century Prof Robin Hanson put together this extremely insightful and strong document [5]. </p> <blockquote><strong>Long-Term Growth As A Sequence of Exponential Modes</strong>, </blockquote> <blockquote>First Version 9/11/98, Revised 5/03/00, Substantially renewed 12/00</blockquote> <p>Economy grows. [<em>see: Footnote</em>]. Unstoppable. </p> <p>Hanson's unprecedented contribution was to provide us with systematic orientation tool on how and why economy grows. </p> <p>It accelerates. See: </p> <blockquote><code> Mode Doubling Date Began Doubles Doubles Transition<br> <br> Grows Time (DT) To Dominate of DT of WP CES Power<br> <br> ---------- --------- ----------- ------ ------- ----------<br> <br> Brain size 34M yrs 550M B.C. ? "16" ?<br> <br> Hunters 224K yrs 2000K B.C. 7.3 8.9 ?<br> <br> Farmers 909 yrs 4856 B.C. 7.9 7.6 2.4<br> <br> Industry 6.3 yrs 2020 A.D. 7.2 >9.2 0.094</code></blockquote> <p>The model identifies the past economy accelerators as.: </p> <p>- neural networks, evolving into doubling brain size each 30-ish megayears (<em>hinting that human level of intelligence is an inevitability: +/-30 millions of year around the Now, by the virtue of the good old 'coin-toss' Darwinian algorithm alone.</em>)</p> <p>- human as the top-of-the-foodchains predator since around 2 000 000 BC. (<em>maybe the human mastering of the Fire and the Blade to blame</em>), compressing the doubling time with over two orders of magnitude down to a quarter of a million of years. </p> <p>- Food production, ecosystem manipulation (<em>or rather the collimation of farming, horse domestication and writing as accelerator components</em>), leading to less than 40 human generations per economy doubling. </p> <p>- All we know as division of labor, specialization, systematized Sci-Tech... industry - the centralized ways for production and control of knowledge leading to another hundreds-fold compression down to mere ~decade of economy doubling time. </p> <p>Recommended: digest each Hanson (economy accelerator drive or) Engine with the Bob Hettinga's 'ensime' [3]: </p> <blockquote>My observation about networks in general is a rather obvious one when you think about it: <strong>our social structures map to our communication structures</strong>. As intuitive as it is to understand, this observation provides great insight into where the technology of computer assisted communication will take us in the years ahead. </blockquote> <p>Connectivity specs as indicator and drive. </p> <p>Now, when we leave the past and use these models to gaze into the future, the really interesting stuff comes out. </p> <p>Aside from giving explanation to the, detected by Brad DeLong in his also monumental paper [6], overall trajectory of the economy, the nucleus of meaning in the Rob Hanson's paper is: </p> <blockquote>Typically, the economy is dominated by one particular mode of economic growth, which produces a constant growth rate. While there are often economic processes which grow exponentially at a rate much faster than that of the economy as a whole, such processes almost always slow down as they become limited by the size of the total economy. <strong>Very rarely, however, a faster process reforms the economy so fundamentally that overall economic growth rates accelerate to track this new process.</strong> The economy might then be thought of as composed of an old sector and a new sector, a new sector which continues to grow at its same speed even when it comes to dominate the economy. </blockquote> <p>Visualize: a Petri dish and sugar being <em><strong>expanded</strong></em> in size and quantity by the accelerating growth of the bacterial culture in it. </p> <p>Hanson actually predicted nearly quarter of century ago, ... <em><strong>something</strong></em> that is relentlessly coming. </p> <blockquote>In the CES model (which this author prefers) if the next number of doubles of DT were the same as one of the last three DT doubles, the next doubling time would be ... 1.3, 2.1, or 2.3 <strong>weeks</strong>. This suggests a remarkably precise estimate of an amazingly fast growth rate. ... it seems hard to escape the conclusion that the world economy will likely see a very dramatic change within the next century, to a new economic growth mode with a doubling time perhaps <strong>as short as two weeks</strong>. </blockquote> <p><img src="https://profitfromfolly.files.wordpress.com/2012/07/gwp_1millionbc_2000ad1.png?w=455&h=415&zoom=2" width="897" height="820"/></p> <p>An economy accelerator avalanche is roaring down the slope of time towards us. </p> <p>A brand new Hanson Engine is about to leave the assembly line. </p> <p><br></p> <p><strong>Tau, is that you? </strong></p> <p><br></p> <p>FOOTNOTE: To wrap up the above statements in the flesh of the deep thesaurus of content onto which they lie, would conservatively consume hundreds of pages. Even if only briefed. I promise to come back to these subtopic meaning expansions (by referring back to here) with series of posts in the months to come to tie up with the notions of.: economy as a network, network as computer, what exactly it processes and outputs, economy (like the universe or life) being endogenously driven positive feedback loop self-amplifying non-equilibrium entropic combinatorial explosion system, the wealth as economy complexity growth in relation with GDP size and the intimate connection of dollars-joules in energy intensity, physical and economic limits of growth, self-reinforcing predator-pray models, knowledge as synonymous with skill and so forth, economic cycles upon the DeLong curve ... to name a few. Readers questions and comments will of course help a lot with the subtopics prioritization, and will boost (incl. mine) understanding. Thank you in advance!</p> <p><br></p> <p>NOTE: <em>I currently have the pleasure and honor to be part of the Tau Team, but this post contains ONLY my personal views. </em></p> <h2>References: </h2> <ul> <li>[1] https://en.wikipedia.org/wiki/Tl%C3%B6n,_Uqbar,_Orbis_Tertius</li> <li>[2] https://steemit.com/bitcoin/@karov/bitcoin-retrodictions</li> <li>[3] https://steemit.com/blockchain/@karov/geodesic-by-tau</li> <li>[4] https://steemit.com/blockchain/@karov/tau-through-the-moravec-prism</li> <li>[5] http://mason.gmu.edu/~rhanson/longgrow.html</li> <li>[6] https://delong.typepad.com/print/20061012_LRWGDP.pdf</li> <li>[7] Illustration cited from.: https://profitfromfolly.wordpress.com/2012/07/10/why-im-an-optimist/</li> </ul> <p><strong>18qSKUUTAGw1uL53simrSiZ6pJpfxKACvj for research support. Thanks. </strong></p> <p><strong>Copyright © 2018 Georgi Karov. All rights reserved.</strong></p> </html>
| author | karov |
|---|---|
| permlink | tauchain-the-hanson-engine |
| category | tauchain |
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It is dizzying to imagine such rapid growth in the future. We'll have to let Tau work and look at him with some popcorn
| author | capitanart |
|---|---|
| permlink | re-karov-tauchain-the-hanson-engine-20180430t112717878z |
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such a growth rate is really beyond unaided human's grasp. but we have some hints about what it might look like. as i 'promissed' i'll revisit these details in near future. one glimpse for starter.: not necessarily extensive growth! economy measure of growth is value. note.: buckminster fuller's ephemeralization, or factor's decoupling. we value what we know = way to render the most elusive and subjective thing the notion of 'utility' or 'value' into very very objective. i.e. matter of attention. this world now is overfilled and awash of unattended valuables - i.e. things which their 'owners' either ignore (zero value) or regard as a nuisance (negative value). those same things have positive even high value for zillions of others. if they know and access them. there is orders of magnitude more value within than 'out there'...
| author | karov |
|---|---|
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Dear @karov, do you know what happened with the AGRS token? Why is there no exchange listing it? How else to invest in Tau?
| author | stayoutoftherz |
|---|---|
| permlink | re-karov-tauchain-the-hanson-engine-20180508t192519355z |
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| created | 2018-05-08 19:25:24 |
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AGRS token is up and running on Omni over BTC. There are several exchanges as far as I know. OpenLedger DEX and Omni DEX, they are on CMC, but CMC starts showing data if there is sufficient volume. I'm not sure but something like $1000 p.d. I can't give good advise on exchanges because I never used one. Maybe the best is to ask the community in Telegram? - t.me/tauchain ...
| author | karov |
|---|---|
| permlink | re-stayoutoftherz-re-karov-tauchain-the-hanson-engine-20180508t200118434z |
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Congratulations @karov! You have completed some achievement on Steemit and have been rewarded with new badge(s) : [](http://steemitboard.com/@karov) Award for the number of comments received Click on any badge to view your own Board of Honor on SteemitBoard. For more information about SteemitBoard, click [here](https://steemit.com/@steemitboard) If you no longer want to receive notifications, reply to this comment with the word `STOP` > Upvote this notification to help all Steemit users. Learn why [here](https://steemit.com/steemitboard/@steemitboard/http-i-cubeupload-com-7ciqeo-png)!
| author | steemitboard |
|---|---|
| permlink | steemitboard-notify-karov-20180505t120402000z |
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Congratulations @karov! You have completed some achievement on Steemit and have been rewarded with new badge(s) : [](http://steemitboard.com/@karov) Award for the number of upvotes Click on any badge to view your own Board of Honor on SteemitBoard. For more information about SteemitBoard, click [here](https://steemit.com/@steemitboard) If you no longer want to receive notifications, reply to this comment with the word `STOP` > Upvote this notification to help all Steemit users. Learn why [here](https://steemit.com/steemitboard/@steemitboard/http-i-cubeupload-com-7ciqeo-png)!
| author | steemitboard |
|---|---|
| permlink | steemitboard-notify-karov-20180507t184959000z |
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It's definitely an interesting project I can't wait to see the demo of the reasoner
| author | trafalgar |
|---|---|
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"That's one small step for man, one giant leap for mankind." :P
| author | karov |
|---|---|
| permlink | re-trafalgar-re-karov-tauchain-the-hanson-engine-20180430t172618044z |
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hiveblocks