About: Are We Running Out of Resources?
Can't always search for more it will end. Metal reserves are 2 decades from being tapped at current rates
What??? Seriously, it's so disgusting propaganda. Why did Saudi Arabia explore shelf drills if there is a plenty of crude oil on the land?
Humans need to be well educated so that we can ascend as a species if population exploded we are dommed, because next stage of evolution is artificial intelligence
Sure that works for oil but what about helium, beach sand and phosphorus?
I like that your being optimistic regardless of your credibility
I Am glad that I stumbled onto this video.
China is running out of the ladies. How will they substitute them?
Contradiction at 0:32
. In short yes we are running out of resources.
And this is why Chicago school is destroying the planet. I both absolutely agree with, and disagree with, everything in this video.
I hope they preserve videos like this to show in a few generations, it will look as ridiculous as Reefer Madness.
I mean really. You can't extrapolate trends (especially growth and discoveries) so simply, and asserting "never" in context of resource use is bonkers.
And then as said, the fact said market mechanisms we should trust seem wantonly incapable of internalizing externalities, and Climate Change can be referred to as "The greatest Market Failure the World has ever known", I find your (presenters) belief in this troubling.
Like food shortages and belief in Malthus... it apparently comes down to whether you are a biologist or an economist... I happen to be both, and I can safely say it comes down more to whether you understand how the world really works, or how the world functions in simplistic models with castrating assumptions that remove them completely from reality.
A dangerous video to have online, no matter how well produced. Consume children, have no fear, the future is in good hands.
but we are running out of sand lol
Well, if the guy in this video is anything to go by, we certainly aren't running out of food.
Do the phrases "tragedy of the commons" and "negative externality" mean anything to you?
Instead of finding them
Just learn how to make the resources
It is sad the negative comments section. Please take attention from 3:41
. When resources are scarce the prices goes up, and produces will try to found alternative of substitute of the resource. He does not say resources are infinite.
You’re so incompetent I’m not even going to bother with my comment.
we're still running out of resources whether technology reduces the depletion rate or not. By definition, that's running out.
How would Uncle Sam preserve his petrodollar system then, if, such as in copper, Mankind would find good alternatives for oil?
This video, regarding the oil section, is simply a hoax! Whilst it is true for copper that we found alternatives or found copper where before was unavailable due to price rise, the climate changes due to oil extraction and consumption or shale gas ARE NOT reflected in price, that is, the negative externalities which are measurable somehow in money are not reflected in the price people are paying for oil, and thus, the producers do not feel the correct incentives to seek alternatives. In Portugal, where I come from, last year we had the most devastating fires since there is record, killing more than one hundred people, and all experts said it was due to global warming, since we never had a peak of heat such as in the last Summer. I ask the author of the video: are the people’s lives reflected in the price that American consumers are paying for the oil?