Physical Capital
topic on 2 shows · 2 statements across 2 episodes
2 statements about Physical Capital, every show
Albert Wenger: Attention, Not Physical Capital, Is Humanity's Primary Constraint
“The constraining factor on humanity isn't how much physical capital there is. We can do amazing things. I mean, look at Germany. Germany just built a whole bunch of LNG terminals in, like, a few months, right? These are projects that people were like, oh, this…”
Digital tech shifts humanity's binding constraint from physical capital to attention
“Digital technology is exactly like those two prior changes. It shifts the binding constraint and the binding constraint is no longer physical capital, but it is attention. Like what are humans paying attention to?”