X-Message-Number: 12713 From: "john grigg" <> Subject: exciting times ahead as we witness events building up momentum... Date: Thu, 04 Nov 1999 15:22:10 PST Hello everyone, George H. Smith wrote: >If, as now seems inevitable since July 20th's monumental >nano-computer >breakthrough, molecular nanotechnology will be >developed, wealth will >become the norm through technology until (as I >have detailed in past >posts) money becomes no longer necessary, and >hence ceases to exist in any >form. Since technological advance is a driving force for economic growth I can see how the breakthroughs with molecular switch driven computing will bring much more prosperity. I see money being of necessity for quite awhile still though. Nanotech will have to mature I think before we see the total transformation of society and eradication of poverty and need that we all want. Even with open source blueprints available on the net I would think there would still be a need for money to keep the infrastructure of corporate research and development going. People would want the latest and most advanced designs and be willing to pay for them. The "lower middle-class" of fifty to eighty years from now will have good housing, transportation and nutrition but lack the status symbols and state of the art the wealthier will be able to purchase. I might have to manage in my moller skycar while Saul Kent uses his aerospace plane. :) I realize I might be describing an intermediate state before the one George H. Smith envisions becomes a reality. I would be curious to learn of this scenario. I suppose I am stuck in the "money-driven economy" paradigm of the time I was born into. >I smile sometimes at the assumptions I read that this new technology >will >continue to develop as slowly as previous "bulk" technologies. >As has >been outlined in Drexler's books already, when we get to >ignition point, >the breakthroughs will spread like wildfire. If we >survive the dangers at >all, it will be totally unlike anything which >has happened before. I agree that things will develop quickly. In fact with the molecular switch advance I see things going much faster now. If I understood correctly some scientists are saying within five years this form of computing should be perfected and marketable. I really, really want to witness this transformed world but when things are getting really great I will be an old man. I will be seventy in the year 2037! Many of you will be in suspension in that year! >But when that "ignition point" will happen remains the open question. Do you think within the next five years? Or do you mean something more along the extropian lines of the singularity? I just want George H. Smith to know how much I appreciate his enthusiasm and positive attitude. I have enjoyed his posts and my private correspondances with him. I hope he gets to see the bright future he is looking forward to. Sincerely, John Grigg ______________________________________________________ Get Your Private, Free Email at http://www.hotmail.com Rate This Message: http://www.cryonet.org/cgi-bin/rate.cgi?msg=12713