Chris Jablonski at ZDnet interviewed me recently about my next book, The Infinite Resource. Here’s a short excerpt. Click at the link at the bottom to read the whole interview.
In your upcoming book, The Infinite Resource – Growing Prosperity While Reducing Impact on the Earth, you point to knowledge as the path to a prosperous future. What inspired you to pick this theme?
RN: The book is really the intersection of two lines of inquiry. The first is the state of the environment and our natural resources. We’re simultaneously facing climate change and peak oil, ocean overfishing and fresh water shortages. As someone who cares about the future, I wanted to understand those challenges for myself.
The second is about innovation and its relationship to resource use and prosperity. I come from a tech background, so I’m used to the incredible onward march of Moore’s Law. But I was surprised to discover that something like Moore’s Law operates in solar energy. In the last 30 years, the price of electricity solar photovoltaic cells has dropped by more than a factor of 10. This decade, it’ll drop below the price of electricity from coal fired plants – the current cheapest. In 20 years, if the trend continues, it’ll be half the price of electricity from coal fired plants.
The driving force behind the reduction in solar energy prices is innovation. Scientists and engineers in the area keep coming up with new ways to make solar cells cheaper, thinner, lighter, and more efficient. That’s an accumulation of knowledge that has the promise to help us offset the depletion of a physical resource – oil.
That intersection led me to view our knowledge base itself as a resource. And as a resource, knowledge plays by different rules that make it incredibly powerful. Unlike physical resources like oil, our stockpile of useful ideas and engineering designs and insights into the laws of nature keeps growing. Ideas don’t get destroyed or consumed in usage. If I have a piece of knowledge and I share it with you, I don’t have to give it up myself – its impact gets multiplied by the number of holders. And best of all, the right knowledge can substitute for or multiply just about any other resource – energy, labor, materials, land, even time.