Macro-economic consequences of Moore's law?

By: Ireland (boh.delete@this.outlook.ie), April 19, 2017 2:20 pm
Room: Moderated Discussions
John H (john.heritage.delete@this.gmail.com) on April 19, 2017 10:00 am wrote:
>
> TL;DR - IMO Any book covering product lifecycles in detail with examples would
> probably apply to the overall industry as it relates to Moore's Law.

I'd start with a text such as John Thackara, 'In the Bubble', published 2005. It was written at a stage, when it appeared as though a lot of human beings would get dislodged out of systems, and processes that we were building, to manage and run operations - in all kinds of industries.

Okay, so we get rid of 'people' out of systems - we go to stuff like e-government, or electronic financial trading, or whatever. We understood broadly the running costs of systems that were built and designed around human agents and participants. I.e. Costs associated with pensions, hiring, retirement, productivity. Heck, the whole 'labor' politics and point of view, is built around that industrial revolution era thing - of moving people into the industrial scale information processing and administration enterprise.

The economics of things - that are built around electronic agents, and operators - as opposed to human one's, is something we're only starting to figure out. Like, it was written up all wrong to begin with. You eliminate human beings, and costs suddenly go away. Well, not really.

Take someone like Ridley Scott the director in movies for instance. He offered the view, that because we went to so much electronic stage design, prop's and actors in the movie industry - it still ended up costing a tonne of money to do. In fact, he argued that when he started directing movies a long while ago, they were much cheaper to make. He couldn't for the life of him figure out, why movies end up costing as much as they do today. And that is counter to what people often say, that one can make an okay movie now for under ten thousand dollars - because cameras, editing etc equipment has all gotten so affordable. The movies that make it into theaters, haven't got cheaper at all - the opposite.
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