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Quantum Supremacy
December 20, 2024
As longtime readers know, I am working on a book outlining five different theories on historical cycles and how their predicted “climaxes” all occur around 2030. I’m also very concerned that around that time (if not before) we will see the bond market react badly to the fast-growing national debt. While my poor editors at Wiley are very concerned with my delivery being somewhat behind schedule, I really am making progress.
But rather than describe a crisis this week, I want to talk about some remarkably good things that may be happening in that same period. This seems more in keeping with the holiday spirit.
The quote (commonly attributed to Mark Twain), “History doesn’t repeat itself, but it often rhymes,” keeps coming to mind as I write and edit. But there’s a part of what I believe will be involved in this future turmoil that will not have any historical rhyme. That is the part that comes from the optimistic side of me. Simultaneously with the crisis I expect will be significant technological change and progress.
We have had crises amid technological change before, but I don’t believe that we have ever experienced the pace of change that will happen this time. We went from 70% of the country working on farms or agriculture-related jobs to the factories within about five generations. Now, 200 years later, only a small part of the US works in agriculture, but we feed not only ourselves but much of the world.
In the early 1900s, much of the country was involved in...
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