a16z.com
The article presents a detailed manifesto of techno-optimism, advocating for the importance of technology and free markets in driving growth, progress, and abundance. It outlines how technology and markets together form a perpetual engine of material creation and growth. Furthermore, it argues for the potential of technology to create a world of abundant resources, elevate living standards, and ultimately expand human life across the universe.
Main Points
Productivity growth, driven by technology
Technology drives productivity growth, which is the main driver of economic growth, wage growth, and the creation of new industries and jobs.
Techno-capital machine of markets and innovation
The techno-capital machine, formed by combining markets and technology, leads to perpetual material creation, growth, and abundance.
Creating abundance through intelligence and energy
A feedback loop of intelligence and energy aimed at creating abundance is the way forward for humanity, making everything needed and wanted abundant.
Insights
Technology is the ultimate lever on the world, enabling growth and advancement.
We believe technology is a lever on the world – the way to make more with less. Economists measure technological progress as productivity growth: How much more we can produce each year with fewer inputs, fewer raw materials. Productivity growth, powered by technology, is the main driver of economic growth, wage growth, and the creation of new industries and new jobs.
Markets and technology together form a perpetual machine of creation and growth.
Combine technology and markets and you get what Nick Land has termed the techno-capital machine, the engine of perpetual material creation, growth, and abundance. We believe the techno-capital machine of markets and innovation never ends, but instead spirals continuously upward.
The ultimate goal of technology is to create abundance and expand human potential.
We believe we should place intelligence and energy in a positive feedback loop, and drive them both to infinity. We believe we should use the feedback loop of intelligence and energy to make everything we want and need abundant.
Links
URL
https://a16z.com/the-techno-optimist-manifesto/