The Three Economic Epochs is a framework designed by Tom Chi that outlines the three stages we need to go through to increase compatibility between our economy and all life on the planet.
First Epoch: Material Productivity Economy The first epoch focuses on material productivity and recognizes that natural resources have practical limits when it comes to growth, mining, and energy use. Companies in this epoch aim to achieve higher financial leverage by using materials judiciously and reducing their environmental impact.
Second Epoch: Maximizing Diverse Nutrient Flows The second epoch is centered around maximizing diverse nutrient flows. It involves understanding and optimizing the complex nutrient cycles that support life on Earth. By learning from nature's sophisticated processes, this epoch seeks to optimize resource usage and create a sustainable economy.
Third Epoch: Deep Understanding and Application of Nature The third epoch emphasizes deep understanding and practical applications of nature. It involves utilizing scientific research and insights to identify leverage points in deep chemical and physics research for impactful economic solutions. By working with nature and expanding practical applications beyond just pharmaceuticals, this epoch aims to create economic output while benefiting the planet.
References:
Tom Chi - "State of the Planet" and Next 3 Economic Epochs - At One Ventures AGM 2022 - https://www.youtube.com/watch?v=dBh_7yyaaM0
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