The Costs of Fuelling Economic Growth | ISC Recruiting News & Views | Scoop.it

A study of ten large global economies shows that exergy – not human labour – is the primary driver of GDP growth. Existing production models cannot explain growth.

A new generation of smart machines could possibly replace a large proportion of existing human occupations, according to the World Economic Forum. But even before the emergence of “smart machines”, the relationship between exergy and production is clear to physicists, industrialists and political lead

Read the full article at: knowledge.insead.edu