Topic: Will Economy Grow Forever? - page 30. (Read 4071 times)

Technological innovation is considered an unlimited resource because it is created by artificial intelligence. It will grow forever because the world needs technology advancement to serve people in the future.

There is no assurance that it will grow forever, if you see there was a reccession in 2008, so you cant tell but the stability of the price can be, economic status are always ups and downs that is what we can expect for.

I think economies are like Crytos, they go up and then down. They don't just grow forever. Things go up and then down.

It is a difficult question to answer the earth has limits it does not matter how big it is and the natural resources it posses there are limits so the question is, if we will be able to get out of this planet before we exhaust our resources? If space travel is possible over long distances then economic growth will be basically infinite with an almost infinite amount of resources, but if space travel is hard then there will be a limit and the economy will have a limit as well.

It was originally predicted that US oil production would peak in 1970, however since that time, oil production has increased over decades, and the date the world would reach "peak oil" production has been delayed multiple times, only to be proven wrong.

Most of the world economy's growth has not been from consumption of resources, but has been from improvements in technology and additional efficiencies in processes.

Further, the ability to borrow against assets allows the economy to grow, as it allows citizens to utilize value without having to sell assets. (it barriers and costs of lending are too low, then bubbles will eventually form, causing bad things to happen).

As we can see that our technologies progressing as the time goes by. We cant deny that we have traveled so far. I mean we are in advance state in our technology. So for me this planet will continue upgrading and progressing as the goes by. But the worries is there if whats the effect of this in near future.

Nothing permanent of this world except change so I believed that economy will be forever because everyday there are new technology that have created, new inventions always introduced, gadgets and computer are always updated. These are all that will going to secure the future of the economy that it will grow for hundreds of years or more that if this will cease then maybe we are not already in this world.

No economy grows forever, sometimes they will collapse and there will be time, so I think if you catch the blood, the Crypto market is the same, they are always a market. Potentially risky, it will probably be one of the nicest markets if you know the grasp of the problem.

 It will grow but forever? , we all know that after second wolrd war , in all countries there was economical crise , so also nowadays i, after war, there can be such a thing , and economy cannot grow , as it grows now

Interesting question and in my opinion yes. Whether it is in 10 years or in 1000 years, we will become a multi-planetary species. This means a lot more economic growth

Some say the large population spike around the oil industrial revolution occurred due to technology advancing to a point where a larger population could be sustainable. There has been much said about "peak oil". Will civilization be sustainable once a point of peak oil production has passed. Humanity relies upon oil for pesticides, fuel, plastics, lubricants, crop fertilizer, energy. These applications might have fueled the large rise in human population growth. What happens if a reduction in resources has a severe negative effect on food production or other necessities people rely upon for survival?

There has been a long unanswered question about what happens when limited resources are consumed. Can innovation invent new ways around this basic problem? Might resources be harvested from asteroids or other sources? Perhaps we will see a painful and messy population correction if basic necessities like food are unable to sustain population growth. I don't think anyone has definitive answers to this. Its one of those unpleasant topics people avoid discussing.

I know that ways have been found to create gasoline and jet fuel from bio waste products. Plastics can be harvested and recycled back into oil. Peak oil may not be as much of an issue today as it was a few decades ago. There does seem to be a significant decline in the amount of arable (farmable) land in the world. Ah eff it. There are too many variables to this. I can't even begin to guess what will happen or what the key points here are.

I guess that no one sane wants to stop the growing of the world economy. The governments will try to keep the positive tends as long as possible. In other hand, the resources of the planet are being exhausted, but the overall human population is increasing. Probably the new technologies and the agricultural programs should help to feed a huge amount of people.

I notice that the powerful countries are currently waging a trading wars, imposing a high taxes on the importing goods. This protection policy can slow the growing of the world economy. The monetary politics of the governments must be wise.

Economy has always cycle. It may grow today but tomorrow it will goes down. Being a progressive economy does not means that you are always expecting to grow, besides there is always a bad implications for the economy that reached its peak. Inflation always occur and recession comes over.

Economy can grow up but it is not constant, everything falls down and everything changes.

With time, I think the economy will grow forever, as long as we keep trying and optimistic. because of the limited resources of the earth we have to be smarter again to manage it for the sake of economic progress.

The resources on the planet Earth are limited,but most of them can be recycled.The global economy can grow forever,but only if the input/putput efficiency increases and more and more resources are getting recycled and re-used.The third world countries will have to reduce their population growth and adopt more industrial technologies.

Eventually, the economy grows as time passes by. Politics have a huge contribution over it. A good system of government makes the economy grows to a lot better. Every decision of the leaders involves a big influence to the economy.

New technologies might be invented. But the more progress we make, the more we are getting closer to almost "instinction".  Of course this is not sustainable as you can see that the world population is also growing at a unprecedented rate, that no matter what we invent, its inevitable. That's why we see explorations outside, to find other resources in case planet say's enough is enough.

If the man uses his intuition for the good, the economy can keep growing in a progressive scale or it can continue in a straight line, keeping the quality and the balance at same time. The reduction in resources isn't a reduction at all, it's just a transformation, a metamorphosis, it's not wasted. However when the man uses his intuition for the evil, this metamorphosis doesn't happen, but the destruction. Resources, time, effort are wasted.

great article, I deeply feel filled with science with a much longer perspective by the writing, my additional opinion that technology will not be able to survive long to accommodate a problem both political and social economic security politics, the source of technology raw materials increasingly long ago the thinning and the nature took a long time to restore it, I think the future of economic needs will be left with the need for food to survive, whether the technology paying attention to it more thoroughly, may be useful and successful for all of us

For sure there is always an economic growth but depends on what country you are living.Here in my country there is a rapid economic growth because of good governance.There are lots of foreign investors and build lots of infrastructures and any form of business but sadly those foreign investors will be the only one who truelly gained in reality because they uses our natural resources and time will come it will completely destroyed.Future generation may not witness the true beauty of our nature because it will vanish.The more develop the country is the more resources used.It is totally disturbing and I really hope that the leader and all members of every country should prioritize the preservation of our natural resources for the goodness of everyone.