On 07/05/2013 21:37, Matt Mahoney wrote:
On Tue, May 7, 2013 at 8:30 PM, Tim Tyler <[email protected]> wrote:
On 06/05/2013 11:09, Matt Mahoney wrote:
> There is also the cost of electricity,
> currently $100 per hour ($72K per month). This will also drop with
> Moore's Law, but rise as energy becomes more scarce.
What, you mean: as the universal heat death gradually approaches?!?
Energy costs will rise as we run out of oil, coal, gas, and uranium,
and we have to switch to solar. It will also rise as population grows
and as the economy grows, especially in underdeveloped countries.
Energy costs are lowered by progress in finding and extracting energy.
So far, those effects have stopped energy prices from increasing significantly.
Basically, we have massive fuel reserves, and lots of time to find new sources.
Lucky us.
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