Energy Returns System

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If you had unlimited energy, what would you do with it?

This was part of a discussion I had with clients this morning. We were talking about the "state of the world" and I sketched out how it all comes down to the economy, where the incentive is to generate profits for shareholders - not stakeholders. We are all stakeholders in the outcomes of the world, because we are all affected, yet we don't have equal control over the decisions made and are increasingly feeling victimized by the decisions of others, which leads to all kinds of breakages.

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However, the decisions of others are economic, where the incentive for profitable outcomes is the driving mechanic and if there is a demand, there will be a supply - regardless of the harm it might do. For instance, if people want to buy jeans with rips in them, someone will make jeans without rips, and then rip them. Similarly, if someone wants to have sex with a child in the Philippines, another will provide a child at a cost, with no regard for the child. They are treated as just another version of a pair of jeans.

Going back to the energy question though, a lot of the decisions made are made so, because of energy restrictions in one form or another. For instance, "time" is valuable because it is scarce, as is skill in particular areas. Because of this, someone can get paid for providing their time to apply their skill to accomplish an outcome. If 100 units of time is needed to satisfy the demand, but only 80 are available, the cost of acquiring the skill increases, and therefore, so does the cost of producing the outcome.

All of these kinds of resources are just different forms of energy, but if we had unlimited energy, what could we do? If you woke up in the morning full of energy and no matter what you did throughout the day, that energy supply was constant, what would you do with it? This is an interesting question in terms of being a passive consumer, or an active creator.

If we had unlimited money, we would still be limited by time and our energy. We could buy anything, but not be able to use everything we buy, do everything we would want to do. But, with unlimited energy, we can do far more and would likely move away from passive consumption, because we would more readily enjoy active creation. We would like spend our unlimited energy on improving our lives, not trying to conserve energy.

What would we do if we lived in a world where there was unlimited, clean electricity?

And this is an interesting question, because if there was unlimited clean electricity available, it would have to be approaching free. The only reason electricity has a cost, is because it is a scarce resource and does harm, like time. But, with unlimited clean energy, we can pay "at cost" prices, making what we do with the energy the value proposition.

This is interesting from a design perspective. For instance, my clients are working in a company that provides large machinery for very large manufacturing factories. A lot of their design work is about limiting energy consumption, whilst increasing effectivity. It is a tradeoff design. But, if there was unlimited clean energy, they could just look at effectivity.

And then, there is the "cost" of cleaning up the environment, which has come about through that mechanism for profits. In order to maximize profits, the design tradeoff has been to make as much money as possible, despite the harm it does, including the type of energy used for production, and the cost of cleaning waste. The hierarchical incentive is for the profit for shareholders, not for the wellbeing of stakeholders.

And now that a lot of damage has been done, the argument is that "the cost" of undoing the damage is too great. But, this can't be the case. Because, if the cost was too great, that means there is economic incentive to supply it. The reason that it isn't being supplied, is because the cost isn't great enough, meaning that there is still more profit to be made by those with decision making power* from continuing on the current model.

In a hypothetical world that someone invented clean and free electricity, the cost of development of innovations comes down incredibly, meaning that immediately, there is more profit in development of new, rather than the maintenance of old. All of the investment into dirty and expensive energy collapses, as does the decision-making power of those who benefit from keeping the status quo as is, because there is no longer any demand for it - which is the only thing that drives a supply for something that costs to make. If there is no gain to be made, no company will take the risk.

As I see it, for now at least, the majority of the global resources should be going into making the cleanest, cheapest energy possible, because that allows us to innovate freely. However, this isn't going to happen, because choking the energy supply and putting it out of reach of most people, is a control mechanism - literally stifling innovation, as innovation threatens disrupting the status quo.

Look at the arguments that are employed against Bitcoin, which lies in the cost of energy it takes to mine it. This is a silly argument in a world where energy is clean and free, isn't it? But, since it isn't clean and free, it seems valid to people who don't understand that the monetary system is part of the profit-making algorithm that keeps them enslaved, keeps them suffering, keeps them breating dirty air, doing jobs they don't like, and not having any energy left at the end of the day to do something meaningful - so they sit down in front of a screen, and shake their head at the state of the world.

Creating nothing to make a difference.

I get the feeling that a lot of us are running out of energy these days, and our tired and frustrated experience is shining through in our behaviors. So many components of society are breaking, which gives rise to opportunity to take what spills out to gather more control from us. There seems to be no end to the resources that can be spent to fight each other, but very little available to improve wellbeing.

The question is, who benefits from us fighting?

They are selling misery. And we are buying.

Too much energy going into too few pockets.

Taraz
[ Gen1: Hive ]

Posted Using InLeo Alpha



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36 comments
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The hierarchical incentive is for the profit for shareholders, not for the wellbeing of stakeholders.

Stakeholders must always be positioned as victims who must maintain the continuity of share owners in order to maintain their unlimited status quo. If stakeholders have the power to influence policymaking, then their orientation is towards increasing the level of welfare.

Unfortunately, the system becomes a vicious circle that has no end because of the affair between legislators and share owners, if they are different people, but what's worse is that the capital owners are those who are also the legislators.

Then, the energy return system is always just a dream and is limited to sweet talk by students who are still idealistic when they study, then become new actors when they enter the system.

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but what's worse is that the capital owners are those who are also the legislators.

"Draining the swamp" is ineffective, because there is only swamp creatures allowed to populate it again.

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I like the way it is written. It made me thinking for a while. If you remember, Tesla dreamed of a free electricity for all. But I don't know why it failed, I haven't dug deeper into that. Losing energy in daily life is unbeatable, sometimes I think about a dream job that makes your life meaningful even if it's low-paying.

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It failed because the shareholders producing the energy would not let his plans come to light. There is still a ton of money pouring into Nuclear Fission, which in theory should be able to produce infinite energy if/when then technology is perfected.

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I think you mean fusion? But yeah, whichever it is, infinite energy is infinite possibility to create.

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Yeah, you are right. Fission is what is being used in nuclear reactors today, while fusion is what they are researching in that intl lab in France as well as SW US. Fusion is what powers the sun and basically what we humans are trying to recreate!

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Yeah - I get them confused as to which is clean! :D

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Losing energy in daily life is unbeatable, sometimes I think about a dream job that makes your life meaningful even if it's low-paying.

With unlimited personal energy, you could do two jobs happily :)

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Exactly. That's a wise and brilliant life hacks decision.

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I think it would first help slowing down the climate change. Then, it would improve the current deficit of the countries which are dependant on the energy resources.

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I think it would first help slowing down the climate change.

Yes, and reverse it as cleaning up the environment becomes a value adding and profitable business. It is like curing cancer - cancer pharma drug companies lose a lot of money.

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Cool photo.

If you had unlimited energy, what would you do with it?

If I could somehow use that energy to heat the house that would be awesome.

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Technically you could! Just put a generator on an exercise bike :)

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Dang, I'll be honest when I first read the headline, I thought this might be an article about having unlimited energy in Splinterlands!

The hierarchical incentive is for the profit for shareholders, not for the wellbeing of stakeholders.

Yeah, I wish I had considered this more before going back to school for a finance degree (in Texas). When I graduated, I was mostly recruited by energy companies and investment banks. YUCK! I never took a job in finance. Instead I moved to Colorado and helped a friend start a CBD/Hemp extraction company. Free energy and UBI would go hand in hand.

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Dang, I'll be honest when I first read the headline, I thought this might be an article about having unlimited energy in Splinterlands!

I actually think there is a market for being able to sell energy. For instance, if I finish in C1 today (I did!), then I can sell the next 24 "champion energies" I get at below market value, say 400 DEC instead of 500.

Free energy and UBI would go hand in hand.

Yes, to an extent. It would mean that people could use their "ubi" energy to purchase, but there can still be incentive to add value in to valuable innovation.

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Energy is something potential limitless in our bodies BUT we must be aware how to manage it and regenerate it.
Still, we lose energy through our attention as it's usually spread among several topics or tasks that do not give almost anything in return

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as it's usually spread among several topics or tasks that do not give almost anything in return

Wouldn't it be interesting to see what amount of energy went toward adding value, and what is wasted?

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Unfortunately, there is too much money involved in making not clean energy. Even if it was available, we likely wouldn't see it come to light anytime soon. The movie Chain Reaction is a perfect example of that. Sure, it might not be that dramatic, but I'm sure big coal or the politicians who support them have people that can make things happen if you know what I mean. It is interesting to imagine the potential we might have if limitations were eliminated.

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When I was a kid (10ish), I said that if I invented clean energy or a car that ran completely clean, I would build the plant, then give it all away for free, so it wouldn't be able to be contained.

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That's a noble position. I have a feeling the powers that be wouldn't let you get that far though.

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But, with unlimited clean energy, we can pay "at cost" prices, making what we do with the energy the value proposition.

In theory yes. But world is based on the gatekeepers. They will find a way and gatekeep that. Bitcoin started as a way to give decentralized power over money. And look every bank now has their own coin and blockchain and also they hold the bitcoin the most. In reality, gatekeepers and rich always have means to control the narrative.

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The challenge they are going to face if they try to control bitcoin, is people will fork. It is not the "one ring".

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(Edited)

And this is an interesting question, because if there was unlimited clean electricity available, it would have to be approaching free.

When I was a kid (back when the earth was still cooling) all-electric houses were all the rage (my parents bought one). The milieu was that with the spread of nuclear power, electricity would soon be “pennies cheap” or “too cheap to meter”. There was even the thought that the stamp to mail your check for your monthly bill might soon cost more than the bill itself.

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Those were the idealistic dreams squashed by energy companies! One day, it will either happen, or we will be extinct.

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IMG_5044.jpeg

I generate about 10MWh/year. Now have about 2 years of data. That is about the only thing crypto/Splinterlands did for me.

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Too much energy going into too few pockets.

This here is the real problem.

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I think the closest we have to clean energy at the moment is nuclear. Unfortunately, oil and gas bring in a lot of money and control a lot of things and people. Big corporations will try to squeeze as much money as they can.

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The new nuclear plant in Finland has been going relatively well (there are several - this is the largest). Most of the electricity comes from it and wind (when there is wind).

For instance right now, it is 38% nuclear, 33 wind, 17 water and the rest coming from power plants. It is night, so no solar, but only a bit comes from solar here anyway.

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Oh that is nice. The Philippines still doesn't have even one. Solar is nice if they are placed on roofs of houses. I don't think solar farms are that good.

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Sometimes, I feel like the energy is limited
A few people are the ones ones getting the energy and we masses are not making anything from it

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The amount of energy out there is rough. If there isn't, then I am sure that people's lives will be affected and we are so reliant on technology. I don't want to think about what happens when that does happen because it will just hurt. I like clean energy but technology isn't there and the price efficiency isn't there. We might get there eventually though but it's not there today.

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