Recent comments in /f/Futurology
mhornberger t1_japrngg wrote
Here's an interesting paragraph from his Wikipedia page:
>>However, financial journalist Justin Fox observed in the Harvard Business Review in 2010 that "In fact, Roubini didn’t exactly predict the crisis that began in mid-2007... Roubini spent several years predicting a very different sort of crisis — one in which foreign central banks diversifying their holdings out of Treasuries sparked a run on the dollar — only to turn in late 2006 to warning of a U.S. housing bust and a global 'hard landing'. He still didn’t give a perfectly clear or (in retrospect) accurate vision of how exactly this would play out... I’m more than a little weirded out by the status of prophet that he has been accorded since."[21][22][23] Others noted that: "The problem is that even though he was spectacularly right on this one, he went on to predict time and time again, as the markets and the economy recovered in the years following the collapse, that there would be a follow-up crisis and that more extreme crashes were inevitable. His calls, after his initial pronouncement, were consistently wrong. Indeed, if you had listened to him, and many investors did, you would have missed the longest bull market run in US market history."[24][25][26][27] Another observed: "For a prophet, he’s wrong an awful lot of the time."[28] Tony Robbins wrote: "Roubini warned of a recession in 2004 (wrongly), 2005 (wrongly), 2006 (wrongly), and 2007 (wrongly)" ... and he "predicted (wrongly) that there'd be a 'significant' stock market correction in 2013."[29] Speaking about Roubini, economist Anirvan Banerjee told The New York Times: "Even a stopped clock is right twice a day," and said: " "The average time between recessions is about five years ... So, if you forecast a recession one year and it doesn't happen, and you repeat your forecast year after year ... at some point the recession will arrive."[30][8] Economist Nariman Behravesh said: "Nouriel Roubini has been singing the doom-and-gloom story for 10 years. Eventually something was going to be right."
DonQuixBalls t1_jappyuq wrote
Reply to comment by AssRug47 in Electric world that kicks out fossil fuels will cost less than combustion economy. 30TW of wind and solar PV will take 0.2% of earth's surface. by DisasterousGiraffe
There are HVDC lines already that are over 1,000 miles. There's even one connecting Washington state with Los Angeles. Transmission losses are under 3%.
dat3010 t1_jappmxo wrote
Reply to Electric world that kicks out fossil fuels will cost less than combustion economy. 30TW of wind and solar PV will take 0.2% of earth's surface. by DisasterousGiraffe
0,015% of this planet is golf courses. Great garbage Pacific patch is the size of a Texas. Also, there are empty dead deserts, landfills, and much unused or poorly used space.
Plus much wind power comes from offshore plants, the surface that no use to humans. So 0,2% is actually much smaller number.
No-Establishment3067 t1_japo0d0 wrote
Reply to What are some problems on which I can develop apps using the latest technologies. I want some ideas on projects by rare_redditor0
An app that calculates and receipts work you do for the environment. I believe the ecological crisis will worsen to the point where we will eventually get paid or get tax breaks to help the clean up and/or promote “green” carbon neutral activity, thereby working with the capitalist system through incentives.
Obviously legislation needs to happen on a large scale so perhaps it can start as a way to boost communities taking on the effort already and begin a monetization process for existing nonprofits and individuals.
SandAndAlum t1_japly12 wrote
Reply to comment by ajmmsr in Electric world that kicks out fossil fuels will cost less than combustion economy. 30TW of wind and solar PV will take 0.2% of earth's surface. by DisasterousGiraffe
Order of magnitude error and a factor of 2-3 on topof that for work vs heat (if TW is net generation rather than peak). 30TW net is ten USAs of final energy, not one USA of primary energy.
SandAndAlum t1_japlk2i wrote
Reply to comment by MLS_Analyst in Electric world that kicks out fossil fuels will cost less than combustion economy. 30TW of wind and solar PV will take 0.2% of earth's surface. by DisasterousGiraffe
We don't need scifi. Current tech is enough.
Scifi would be cool though.
Also 30TW of thermal generation is borderline in terms of sustainable waste heat levels.
SandAndAlum t1_japlf1v wrote
Reply to comment by ajmmsr in Electric world that kicks out fossil fuels will cost less than combustion economy. 30TW of wind and solar PV will take 0.2% of earth's surface. by DisasterousGiraffe
Uruguay, Brazil (including one of their grids serving a largerpopulation than france being majority wind), and a fewother smaller nations.
SandAndAlum t1_japl9hy wrote
Reply to comment by pinkfootthegoose in Electric world that kicks out fossil fuels will cost less than combustion economy. 30TW of wind and solar PV will take 0.2% of earth's surface. by DisasterousGiraffe
Or unremediated uranium mines. Lowers the water use to keep from poisoning everything downwind too.
SandAndAlum t1_japl46k wrote
Reply to comment by Carl_The_Sagan in Electric world that kicks out fossil fuels will cost less than combustion economy. 30TW of wind and solar PV will take 0.2% of earth's surface. by DisasterousGiraffe
NIMBY is a stretch. More like Not In The Back Yard Of The Town I Was Paid To Crisis Act In.
bloonail t1_japh88r wrote
Reply to Electric world that kicks out fossil fuels will cost less than combustion economy. 30TW of wind and solar PV will take 0.2% of earth's surface. by DisasterousGiraffe
Meanwhile in imagination land one party politics is also highly efficient. Welcome our ant lords.
sparrowclaw1 t1_japghou wrote
Reply to comment by epSos-DE in Electric world that kicks out fossil fuels will cost less than combustion economy. 30TW of wind and solar PV will take 0.2% of earth's surface. by DisasterousGiraffe
Per their presentation, the limiting factor is not mineral extraction, but rather mineral refining.
Amazing_Secret7107 t1_japgc9h wrote
Reply to What are some problems on which I can develop apps using the latest technologies. I want some ideas on projects by rare_redditor0
Apparently, the answer these days is: Build an app to ask chatgpt a question. Charge 5cents for questions.
rigobueno t1_japg0sf wrote
Reply to comment by Carl_The_Sagan in Electric world that kicks out fossil fuels will cost less than combustion economy. 30TW of wind and solar PV will take 0.2% of earth's surface. by DisasterousGiraffe
It indirectly applies to renters, because it incentivizes new construction (given that the mess of zoning regulations is patched)
ajmmsr t1_japf8d9 wrote
Reply to comment by DisasterousGiraffe in Electric world that kicks out fossil fuels will cost less than combustion economy. 30TW of wind and solar PV will take 0.2% of earth's surface. by DisasterousGiraffe
The USA uses about 100 Quad of energy per year, that’s 29PWh (peta Wh)
30TW 8760 hr/year = 26.2PWh per year at 100% capacity factor
What am I getting wrong here?
Carl_The_Sagan t1_japcxuw wrote
Reply to comment by rigobueno in Electric world that kicks out fossil fuels will cost less than combustion economy. 30TW of wind and solar PV will take 0.2% of earth's surface. by DisasterousGiraffe
I like it. A critique might be it doesn't apply to renters. Just mailing checks is dumber, but it may have a more direct psychological influence.
mrnatural18 t1_japck2w wrote
Whether the cause is genetic or environment, there will never be a cure for stupidity. If anything, it appears that stupidity will become more common. Stupid people elect stupid people to represent them and then they all point fingers at others and call them defective and work together to assure that stupidity will survive.
rigobueno t1_japbjhj wrote
Reply to comment by Carl_The_Sagan in Electric world that kicks out fossil fuels will cost less than combustion economy. 30TW of wind and solar PV will take 0.2% of earth's surface. by DisasterousGiraffe
Simply provide a property tax benefit in the surrounding area
pennomi t1_jap9rq0 wrote
Reply to comment by kaestiel in German scientists show a commercially feasible method for cyanobacteria to extract 17 rare earth elements from low-concentration sources. Currently, most of the world's supply of these elements is mined in China. by lughnasadh
Whataboutism at its finest. Please learn how to properly formulate an argument, because shitty logical fallacies aren't welcome here.
The US is obviously also guilty of unethically invading sovereign nations. That being said, they have not annexed any of the territories in question. Regardless, just because the US does it absolutely does not justify it being done by Russia.
In this case, the US is in a rare position of being on the ethical side in a military conflict. There is no justification for forcibly annexing another country's territory.
ajmmsr t1_jap9h3c wrote
Reply to comment by 6thReplacementMonkey in Electric world that kicks out fossil fuels will cost less than combustion economy. 30TW of wind and solar PV will take 0.2% of earth's surface. by DisasterousGiraffe
Interesting
Do you have evidence of any country that has completely switched over to renewables?
I think southern Australia is pretty close.
All the papers on completely switching to renewables have been rather disappointing. Thinking of Jacobsen.
This proposal should be peer reviewed.
[deleted] t1_jap41b1 wrote
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FuturologyBot t1_jap3dv7 wrote
The following submission statement was provided by /u/Portalrules123:
SS: Nouriel Roubini (a fairly mainstream economist known for accurately warning of the Great Financial Crisis in 2006) is interviewed on Al Jazeera's "The Bottom Line". The entire interview is interesting and rather sobering. His thesis is high debt burdens, supply shocks, technologies that exacerbate inequality, domestic political turmoil, geopolitical tensions, and environmental problems are going to severely hurt the global economy, and that some of these problems feed off each other and make them worse. Young people who feel (correctly) that they are worse off than their parents will be a source of discontent.Quote from around the nine minute eleven second mark: "Things are worse than the 70s and worse than the post GFC period. In some dimensions, things are even worse than the 1930s".
It's definitely gonna be harder to maintain the mental health of the youngest generation the more of them come to realize that the actions of their priors have doomed them to worse quality of life, that's for sure...
Please reply to OP's comment here: https://old.reddit.com/r/Futurology/comments/11glvjh/dr_doom_world_headed_for_dark_times_in_the_next/jaozek6/
Infernalism t1_jap29w4 wrote
I have it on good authority that globalization is the devil. So, de-globalization should be awesome-sauce.
[deleted] t1_jap1xvu wrote
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Portalrules123 OP t1_jaozek6 wrote
SS: Nouriel Roubini (a fairly mainstream economist known for accurately warning of the Great Financial Crisis in 2006) is interviewed on Al Jazeera's "The Bottom Line". The entire interview is interesting and rather sobering. His thesis is high debt burdens, supply shocks, technologies that exacerbate inequality, domestic political turmoil, geopolitical tensions, and environmental problems are going to severely hurt the global economy, and that some of these problems feed off each other and make them worse. Young people who feel (correctly) that they are worse off than their parents will be a source of discontent.Quote from around the nine minute eleven second mark: "Things are worse than the 70s and worse than the post GFC period. In some dimensions, things are even worse than the 1930s".
It's definitely gonna be harder to maintain the mental health of the youngest generation the more of them come to realize that the actions of their priors have doomed them to worse quality of life, that's for sure...
TheSecretAgenda t1_japvu5w wrote
Reply to ‘Dr Doom’: World headed for dark times in the next 20 years by Portalrules123
Nouriel Roubini he predicted 20 of the last 3 recessions.