6 ms·

I think that was his argument as well. It looks like there is no more data to find, but then it becomes important to find more data - lo and behold we can make

• xnx 1mo ago
  Yes. The web is enormous, but just think of home much information within a company doesn't even make it into the internal knowledgebase, let alone anywhere public.
• jodrellblank 1mo ago
  > "it pays to dig further down to find the stuff that didn't make sense to dig up before" A limited amount; for each barrel burned to power the drilling we used to get 100 barrels back. Now we need to build a floating oil rig, drill kilometers down, build tanker ships and long pipelines, each barrel burned digging for oil gets 20 back. Or 10. With tar sands and fracking, the return is 3 to 5 barrels back. As that ratio dwindles towards burning one barrel to get one barrel, the oil-based world economy slows, gets more expensive and comes to a halt even if there is more oil down there. (About 50 years of oil left at current world oil extraction rates).