Wednesday, May 13, 2020

Social norms for new age


The on going Covid-19 crisis has rudely brought us face to face with the proposition I had made in 2006, in my article regarding impending onset of age of information. There is an uncanny correlation between availability of high speed modes of transport and growth of urban agglomerates. Till such time that man had only his horse and the dog, living in small clusters around nature's gift of sustenance had meant nearly self sufficient hamlets spread over vast lands, not necessarily anchored to a big city, till big time growth in maritime travel and trade came about. Almost all big cities came up on coasts and were major ports. Travel for work or daily commute is not an enjoyable part of life, but is perceived to be an unavoidable necessity of modern life style.



Such has been our lack of social concerns, and so overwhelming has been the growth of technology, that when more people wanted to travel, we, instead of pausing to ask why (?), just went on to provide faster and smarter modes of transport. The current lock down across the world has filtered the jobs which really require our physical presence at places of work. It is hardly a wonder that big companies in manufacturing had a concept of developing housing facilities within the ambit of manufacturing units, so that routine commute could be avoided. When, contribution of services sector in Gross Production across the world increased, and trading began to provide bulk of jobs, the model of work place to home proximity was the first on a list of many other things to be thrown out of window. So now we have paper pushers travelling 2 to 3 hours per day to sit at a place where they may not be required to meet others, instead talk to people on phone, create something on computer and share it online. Yet, they had to travel to reach a work station, or a desk. Along with them come office boys who travel long distances to push things around in work place, a job requiring little or no skill as such. A simple database of such jobs and exchange of personnel across organization could translate into "hours of life & living" for millions across the world, and de-load the super anxious public transport systems.


New cities will have to be planned for citizens of this earth who will carry a mortal fear of physical interactions with their fellow beings. The individual space and the volume of air required for each individual just went up. Impact on social behavior may not be permanent, but generations have been impressed upon, and an alternative to current modes of living has been shown to be possible. Let us hope some of the good things survive this virus and make our earth breathe again.
Access to High speed broadband becoming a Fundamental Right in most countries and path breaking evolution of 5G communication technique will make this world a very different place. Smart devices and a smarter generation will know which solutions of today have the potential to be problems of tomorrow.

Monday, July 18, 2016

From Oil to Information


I had published the following article on project syndicate in 2006

Sheikh Yamani, Saudi Arabia’s former oil minister and a founding architect of OPEC, once said, “The stone age came to an end not for a lack of stones, and the oil age will end, but not for a lack of oil.” Humans stopped using stone because bronze and iron were superior materials. But will we really stop using oil when other energy technologies similarly provide superior benefits?
The threat of depleting the world’s scarce energy resources has maintained a powerful hold on popular thinking ever since the oil shocks of the 1970’s. Nor is our fear limited to oil. For example, the classic 1972 bestseller Limits to Growth predicted that the world would run out of gold in 1981, silver and mercury in 1985, and zinc in 1990. We have the benefit of hindsight today, but even now most discussions of the issue are predicated on the logic of Limits to Growth .



Donald Trump speaks in Indiana

Trumpism: A New Era in World Politics?

Yascha Mounk on the growing instability of liberal democracy – and what Joschka Fischer, Nina Khrushcheva, Bernard-Henri Lévy, and others think should be done about it.


Moreover, the issue is not merely that we have not run out of natural resources. The American economist Julian Simon allegedly issued a challenge in 1980 to a group of environmentalists, saying that if scarcity were to be measured in terms of higher prices, they should invest in stocks of any raw metal. The environmentalists put their money on chromium, copper, nickel, tin, and tungsten, and picked a time frame of 10 years. By September 1990, each of the metals had dropped in price: chromium by 5%, tin by a whopping 74%.
The doom-mongers lost. More importantly, they could not have won even if they had invested in petroleum, foodstuffs, sugar, coffee, cotton, wool, minerals, or phosphates: all of these commodities had become cheaper.
Today, oil is the most important and valuable internationally traded commodity, and its significance to our civilization is underscored by the recurrent worry that we are running out of it. However, statistical estimates of its depletion hide much more than they reveal. A typical oilfield yields only 20% of the reservoir, with close to 63% remaining buried in the earth even when the most advanced technologies are used.
Moreover, economists contend that energy consumption per capita is declining, owing to more efficient use. Fuel efficiencies in the automotive sector have increased by more than 60% in the past three decades, while overall wealth produced per unit of energy has doubled during the same period.
But, whereas metal prices have fallen, oil prices are reaching record highs. The reason is simple: metal usage has been substituted by many alternatives, but most still require petroleum products as inputs, and decades-long efforts to develop sufficient alternative energy sources have yielded little success.
So, if oil substitutes are not easily available, modern societies should focus on the sources of demand, most of which is attributable to the transport sector. Indeed, more than 80% of modern societies’ consumption of energy generated by oil, either in the form of electricity or fuel, is used to move commuters.
Is all of this oil consumption really necessary?
With the rising contribution of services to global GDP, now is the time to reassess the need for travel to work. Service-sector workers commute daily, only to be present in an environment that has no economic need for them, for they are facilitating information exchange far more than exchange of physical goods. Do we really need to bring together so many people for so little gain and at such a high cost?
The cost is not merely in terms of natural resources, which should be sustained and passed on to future generations, not exhausted by our own. The rise in the amount of time spent commuting is a drag on both national productivity and the quality of life in modern cities. A survey conducted in the Indian city of Mumbai revealed that railway commuters’ average daily journey was 22 kilometers, while rapid urbanization there and in much of the developing world is only likely to increase the length of commutes.
Likewise, passenger air transport is dominated by business travel. But, given the high-speed data transmission capacities of current telecommunications and information technology, it is now possible to reduce business travel significantly. Whereas the outsourcing phenomenon is attenuating the need for labor migration, domestic migration can be limited further by the use of home offices, which can eventually reduce stress on real estate, public transport networks, roads, and airports. Indeed, human travel in general should become increasingly limited to tourism and pleasure trips.
We now have the technological infrastructure to bring most job-related information to workers while allowing them to collaborate closely. This requires a lifestyle change – one that governments should begin encouraging employers and workers to embrace.
If they do, the age of oil will not end. But the age of worrying about it just might.
https://www.project-syndicate.org/commentary/from-oil-to-information