In 1831 Patrick Matthew, in the appendix to a book on naval timber and arboriculture, laid stress on the extreme fecundity of nature "who has in all the varieties of her offspring a prolific power much beyond (in many cases a thousandfold) what is necessary to fill up the vacancies caused by senile decay.
But the Internet Renaissance dwarfs by a hundredfold, a thousandfold, the Renaissance of Europe.
We still have a thousandfold increase in productivity before us.
It has 4,000,000K of memory—once again, a thousandfold increase over its predecessor.
So a thousandfold increase in capacity at one-fortieth the cost is like the $50,000 Mercedes dropping to a buck and a quarter.
So, will we get a thousandfold increase in other areas?
That brings us back to the thousandfold increase in wealth, which the world will soon experience.
My guess of the thousandfold increase in wealth is just that, a guess.
But let's say only 10 percent of industries will experience this thousandfold increase in productivity.