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Overcoming Bias Commenter's avatar

"The first derivative of s will be equal to he, e will be a function of s, and h will be treated as fixed in the short run. In order for growth to proceed with a steady doubling, we will need e to be a very specific function of s, and we will need a different function for each possible value of h. Reduce it much, and the self-improvement will slow to a crawl. Increase h by an order of magnitude over that and you get an immediate explosion of improvement in software, the likely aim of a leader in emulation development."

I'm not exactly sure how to interpret this.  Could someone who thinks they understand explain using equations?

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Robin Hanson's avatar

Michael, James (a professional economist) is right here; you are wrong. Professionals know things!

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