Greetings. There are a lot of things I have no idea about in the future. There are some things I'm

quite confident of. Humans are going to exhibit amazing resilience, amazing nastiness, all kinds of

emergent responses. But one thing I'm very sure of is that no matter what happens in the future,

humans will continue to innovate and create and invent and problem solve.

The question is, is this technology, which has served us in this moonshot of consumption era, what will it mean on the

downslope or the top of the carbon pulse? And so today's, frankly, is about Goldilocks technology,

not too hot, not too cold, but just right for a resource constrained

and ecosystem of the Holocene constrained future. And today I'd like to outline a preliminary

checklist of what such Goldilocks technology might comprise. So in the current world,

there's basically a simple rule for innovators and entrepreneurs and venture capital people out

there, which is revenues minus expenses is greater than zero,

then that's profit.

And if you can do that at scale,

meaning that people demand and will pay a price for your product,

that's the incentive to create something in the marketplace.

That is what our system has followed for a very long time. So if you believe

the conventional narrative that growth is forever, technology can overcome any shortage of

resources via the price signal and innovation, and that the environment and Earth's natural systems

and other species don't really matter,

then this equation and the resultant inventions make sense.

However, and as many of the followers of this show understand,

if you believe that we humans are connected to every other living thing on this planet

...