I agree. I mean, when would you say that the existential catastrophe happens in the following scenario?
Suppose that technological progress starts to slow down and, as a result, economic growth fails to keep pace with population growth. Living standards decline over the next several decades until the majority of the world’s population is living in extreme poverty. For a few thousand years the world remains in a malthusian trap. Then there is a period of rapid technological progress for a few hundred years which allows a significant portion of the population to escape poverty and acheive a comfortable standard of living. Then technological progress starts to slow down again. The whole cycle repeats many times until some fluke event causes human extinction.
I agree. I mean, when would you say that the existential catastrophe happens in the following scenario?
Suppose that technological progress starts to slow down and, as a result, economic growth fails to keep pace with population growth. Living standards decline over the next several decades until the majority of the world’s population is living in extreme poverty. For a few thousand years the world remains in a malthusian trap. Then there is a period of rapid technological progress for a few hundred years which allows a significant portion of the population to escape poverty and acheive a comfortable standard of living. Then technological progress starts to slow down again. The whole cycle repeats many times until some fluke event causes human extinction.