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Essay / Abundance: The future is better than you think
People tend to focus on the flaws when it comes to humanity's ability to provide goods and services. Reports about income inequality, the lack of adequate health services for hundreds of millions of people, the large number of people who go hungry every day, etc. often capture the attention of humanity better than any other type of news. Combine this with population growth, pessimistic predictions about global warming and the recent economic recession, and it appears that solutions to many current and future global problems are out of reach. However, this is not the view taken by Peter H. Diamandis and Steven Kolter in their book Abundance: The Future is Better Than You Think. They recognize that the world has many problems and has future ones that humanity will need to solve, but they believe that humanity is up to the task. In their book, these two authors explain how humanity's lot on Earth has improved at an exponential rate, how humanity can continue to grow to meet the problems of today and tomorrow, and why it It is likely that humanity will succeed in creating abundance. One of the most striking examples is aluminum, which was once more valued than gold in the 19th century and is now one of the most readily available metals to consumers. This belief in humanity's ability to create abundance comes from the idea that: 1) technologies in many areas, notably in computers and processors, developing at an exponential rate, give humanity more powerful and affordable tools than ever before to communicate, solve problems and educate others 2) The increased power and affordability of technology allows individuals to propose, test and ultimately create solutions that previously could not be were that middle of paper ....... It helps the reader to have confidence in the abilities of humanity and gives hope that the future will be better; it just doesn't tell you how much better the future will be and, given how wrong people have been about gains in living standards, Diamandis and Kotler would do well to keep an open mind about what will look like the future. , Paul. “Increasing returns and long-term growth.” Journal of Political Economy. 94.5 (1986): 1002-1037. November 17, 2013. Lucas, Robert E.: “On the Mechanics of Economic Development,” Journal of Monetary Economics, 22 (1988): 3-42. Thomas, Lacy Glenn. “Regulation and firm size: FDA impacts on innovation.” » RAND Journal of Economics. 21.4 (1990): 497-517. November 17, 2013.Smil, Vaclav. “Primer on power density”. . Np, May 8, 2010. September 29 2013.