Hive Mind

Hive Mind is the blog of the Economics, Science and Communications Institute, which covers research in political economy and technology applied to politics for technologically advanced societies. This blog is a lighter version of the published papers of the institute, trying to stir real debate through innovative ideas that focus on the fundamental issues of political life, democracy and the economy.

Saturday, February 04, 2006

Linear work vs. exponential knowledge

New research subject here at the Institute: Linear work vs. exponential knowledge.

Summary:
Knowledge is additive and therefore has a linear function. Additional workers only add roughly equally valuable output to any process. Knowledge can provide a boost of several thousand percents to any economic process with much less effort and resources than equivalent work-based value output. It benefits from an exponential function and explains how over 95% of all economic wealth of modern societies is backed by knowledge.

0 Comments:

Post a Comment

<< Home