Showing posts with label forecasting. Show all posts
Showing posts with label forecasting. Show all posts

Sunday, May 31, 2020

Experience curves, large populations, and the long run

If our civilization avoids catastrophe, will we generally be able to advance technology to close to physical limits, match or exceed observed biological abilities, and colonize the universe? Or will we be stuck in a permanent technological plateau before that, reaching a state where resources are insufficient to make the breakthroughs to acquire resources and continue progress? Experience curves, which forecast cost improvements in technology as a function of cumulative production, are a popular tool for technological forecasting and perform relatively well compared to other statistical approaches, although they inevitably have significant and increasing error as one extrapolates further. If we consider the maximum energy resources and population of the Earth, combined with the potential lifetime of human civilization (absent existential catastrophe), experience curves extrapolate to immense technological improvements (constrained by physical limits), more than sufficient to colonize the rest of the solar system, which in turn yields a billionfold increase in potential scale to fund interstellar colonization. Such extrapolation would suggest matching or exceeding biological capacities we currently lack, such as the computational efficiency of brain tissue, or the rapid energy payback of algae as solar energy and manufacturing devices.

Saturday, May 23, 2020

The High Frontier, space based solar power, and space manufacturing

The High Frontier, published in 1976 by Gerard K O'Neill, lays out a vision of economically profitable space colonization in artificial orbital habitats, and guessed (while disclaiming it as prediction) that it was "unlikely" that a space community would not be established in 30 years. I was interested in why those forecasts were made, and why they turned out wrong, as data points for thinking about forecasting future technological developments. The book lays out a case that in the long run space habitats can support immensely larger populations and wealth than the planets in the Solar System. In the medium term it argued that a government program to invest hundreds of billions of dollars to build space factories and Lunar mining facilities would eventually let them produce solar power a few times more efficiently than terrestrial solar power production, and that this would drive space colonization. This seems to have been doomed for multiple reasons, radically underestimating launch costs and likely fatally underestimating the increased costs of space production (to be paid for out of a 2-3x improvement in solar radiation), as well as requiring immense government funding. As a means to improve solar power cost-effectiveness, it would have been far inferior to solar cell R&D. Subsequent orders-of-magnitude improvement in launch costs per kW of solar cells make space-based solar more plausible than at the time, but the challenge of competing with terrestrial solar and especially terrestrial scale economies of industry remains high.