Part 11/13:
Nick emphasized that rapid technological and resource mobilization could mitigate claims of scarcity, such as the misconception that rare earth elements are inherently "rare." By exploring domestic sources or alternative suppliers, these critical materials could be spun up quickly, reducing supply chain risks.
The Broader Outlook: Innovation, Economics, and Technological Disruption
Wrapping up, the discussion veered into optimism about technological progress. Nick referenced debates among Nobel laureates about the sustainability of economic growth, recognizing that "technology" remains the core driver of productivity and human advancement. The contrasting views revolved around whether technological innovation continues to be impactful or whether we're encountering diminishing returns.