The human race goes into an innovation mode every now and then in order to advance as a species. We collectively start throwing various ideas on the wall to see which ones stick. The longer the session goes on for the more bizarre and ridiculous the ideas become as we keep one-upping each crazy idea with an even crazier one. We get blinded by euphoria to the point where we start considering our crazy ideas as sound investments, agreeing to invest our limited resources into it.
As time progresses and we start working on our crazy ideas, however, cracks start. Some ideas turn out to be way out of reach, like self-driving cars and the Metaversa. Others just don’t make a whole lot of sense, like crypto-currencies. We also start to realise that a bunch of the ideas proposed were never intended to advance us, but to rather deepen certain people’s pockets - like NFT’s. As we gradually sober up from the haze of euphoria, more and more people start questioning the validity of what we’re investing in and working on. At some point we reach the tipping point where the majority see the ideas for what they are and everything starts crashing down. We exit the innovation mode and shift our focus from alternative futures to current problems that we face.
Access to Cheap and Clean Electricity
There is a reason for why the most well-used classification method (Kardashev scale) for a civilization’s technological advancement is a description of their energy consumption. Almost all technologies rely on energy to function.