Viewing a response to: @taskmaster4450le/cost-curves-and-network-effects
> This is seen in manufacturing via Wright's Law. It is an idea put forth by Theodore Wright who opined that when the number of units manufactured doubles, the cost decline by 20%. The basic idea is that competance starts to take hold as a firm increases the number of units output. We discussed this exact concept during one of our small group discussions with George Gilder on campus today — discussing wealth, poverty, and super abundance.
author | trostparadox |
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permlink | re-taskmaster4450le-rkss68 |
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The entire premise of advanced automation really provides interesting concepts about abundance, work, and society. What happens if the economy has near unlimited energy and labor (robotics/automation)? How does that alter things? It is a radical proposition. Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-trostparadox-4j6euq)
author | taskmaster4450le |
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I just finished reading an interesting book by J. Storrs Hall: *Where's My Flying Car?*. He discusses lots of topics beyond aviation, including unlimited energy. I would be interested in your take on some of the concepts discussed in the book — and I think you might enjoy writing about them.
author | trostparadox |
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permlink | re-taskmaster4450le-rkutef |
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