asciilifeform: Closing technology leads to technical progress, which in this particular case disrupts the workings of an economic system, upsetting the balance of production and creating structural unemployment. From this point of view, closing technology is both a boon and an evil.'
asciilifeform: The first mention in the scientific literature of such a phenomenon is in K. Marx's discussion regarding the invention of the weaving mill, after which a great many weavers in Great Britain and India perished, having outlived their usefulness. In M. Delyagin's opinion, closing technologies are unprofitable to market economies and are thereby relegated to postindustrial and preindustrial nations.
asciilifeform: to replace an obsolete one, then the subject in question is merely 'disruptive innovation.'
asciilifeform: 'A 'closing technology' - is a category of innovation, where as a result of its advent the need for a resource (including human resource) shrinks. A closing technology leads to the disappearance of an entire profession or branch of industry without creating a similarly resource-intensive profession or industry in its place. If one is speaking only of a replacement of a technology with a new one (or of a field, or market niche)
asciilifeform: the alchemical matter is of interest to me because i do not (and afaik nobody does) adequately have a handle on the phase transition, if you will, between voodoo and science, of a young field
asciilifeform: and i can't be arsed to get on a plane just for this
asciilifeform: i never get especially far with this, because the good sfuff is generally not on the net
asciilifeform: that is to say, the labours of thinking and honest men, albeit working on pre-scientific priors, from the 'climatologists' of their day
asciilifeform: recently i went on an alchemical archaeology kick, motivated partly by desire to distinguish the 'good drivel' (the kind that actually made meaningful context-reference) from the straight drivel
asciilifeform: even if he stuck to describing own victories, he'd be readable. but i don't need 40 pages about how well-pedigreed his lebanese family tree
asciilifeform: the man has problems reeling his monster ego even partly onto a spool☟︎
asciilifeform: http://log.bitcoin-assets.com/?date=21-12-2015#1349134 << i like taleb's www and find it hard to disagree with his conclusions, but i simply cannot stomach his books. tried many times. reading his b00kz feels quite like having a titanic atomic cock shoved in your mouth; of such gargantuan proportions that it blots out the sun, moon, stars.☝︎