In my previous article we explored how ChatGPT describes Split Velocity as belonging to a Type III or higher “super-civilization”. This is ascribed on the basis of a Split Velocity economic model doubling every 3 years. ChatGPT is, in this regard accurate. Nevertheless doubling every “3” years is a modest use or assessment of Split Velocity which boasts the capacity to reduce doubling time to one year.
Therefore, when it comes to Split Velocity it is possible that a weak AI will tell you that doubling GDP in one year is impossible, can never happen or is a fantasy. However, this answer is produced because the language model it is using is backward, incomplete or uninformed and making this analysis from the vantage point of the limitations of a zero growth “extinction” model. Therefore, the AI answer is spreading misinformation. Let’s explain why.
The truth is that a Split Velocity model can double any country’s GDP in 1 year, at constant price as stated in the book “The Greater Poverty & Wealth of Nations”. This is accurate. It means that its potency potentially makes it even more advanced and more powerful than the accurate ChatGPT evaluation.
The manner in which an economy grows is not linear as is presumed by most people. For example, look at how long it takes to fill a [hot air] balloon with air or large inflatable swimming pool floatation device. If the balloon or floatation device is a county’s GDP and money supply is the air or gas used to fill it up, the general assumption or logic applied for how to determine how quickly an economy can grow is that the air enters the skirt or orifice of the balloon and it consequently begins to expand in a linear fashion. Hence, GDP growth is presumed to be very slow.
However, this analysis is inaccurate. An economy is like millions of tiny balloons of varying sizes put together to create one balloon. Each of these tiny balloons is a firm engaged in some form of productivity. Each of these tiny balloons or firms is like a cell in a living organism. When this balloon is inflated each tiny balloon receives air or gas directly (money supply) and equally (at the same pressure) at its nozzle, commensurate with its size. This causes the whole balloon not to inflate gradually over a long period of time (in a linear fashion), but to inflate (gain turgidity) instantly.
Hence, when a Split Velocity model stimulates growth it uses this process to double GDP, in one year (what can be described as almost instantly compared to a zero growth economic model). This rapid growth can also be likened to rapidly inflating a tyre by lighting an accelerant. When applied economy wide the expansion is dynamic not linear. This rapid capacity for growth is not only possible in terms of money supply and productivity, but can also be demonstrated mechanically using physics, just as the Two Cups explanation used water and two cups to demonstrate how Split Velocity works. The capacity of an economy to double in size in one year, is dependent on the technology paradigm. The technology paradigm allows for doubling time to occur within 1 year, when a Split Velocity model is functioning “normally”. [Irrespective of the size of the economy]
Nevertheless, it should be noted that the economics applied to the management of countries by governments today, the world over, is not based on Split Velocity, but a zero growth or extinction model. It must be noted that this dangerous and inadequate model with an ill designed CFI currently hovers over 8 billion people on the 3rd rock from the sun, placing them in mortal danger, at greater risk than any other natural or man made phenomenon, including climate change. Even if climate change were brought under control the zero growth model currently in use in every country in the world that is already hurting humanity by creating artificially high levels of scarcity, is inevitably incapable of supporting human beings on earth neither is it naturally capable of providing them the resources with which leave earth en masse, it is called an extinction model for a good reason.
The technology paradigm of the current zero growth model is also backward and starved of resources by an inefficient circular flow of income (CFI). When the upgrade of an economy is made to a Split Velocity model, the technology paradigm must also be given time to upgrade from a backward zero growth model, that has been applied for the past 250 years, to that of a Split Velocity model where the technology applied to money supply is supported by a likewise advanced productivity system and associated technologies referred to as the technology paradigm.
Initially a Split Velocity model will allow doubling time to take place in 1 year, however, inevitably the technology paradigm will advance to where doubling time is 9 months, and even eventually 6 months. This level of advancement may include the ability to move around and terraform planets, making them immediately habitable and then print entire cities into existence from CGI blueprints, architectural and building technologies what would sound like fantasy or science fiction to people today. It is too early in this day and age to fully fathom what kind of technologies will have evolved at this period in the future that support such rapid growth, which may include a heavy reliance on teleportation. Remember the rule of 72 applies to this process (an economy growing at a rate of 72% will double in 1 year ( Remember a simple Split Velocity model is capable of a growth rate of 100% per annum, whereas the rule of 72 states doubling time will take place at 72%), which is more efficient than requiring a rate of 100% to double in 1 year.
After 250 years of relentless toil humanity is underperforming, it is not yet even a Type I civilization on the Kardashev scale, this is largely due to the fact that human civilization is currently deploying a zero growth economy, that traps the majority of humanity on earth (in terms of its incapacity to sufficiently finance propulsion research and technology). Humanity is currently also trapped on earth and made naturally prone to extinction by the zero growth economy’s inability to solve the problem of scarcity. However, as has been identified by ChatGPT Split Velocity advances humanity’s understanding of economics to that of a civilization higher than Type 3, we can say potentially to a Type 5 civilization.
Technically, by operating on an economy designed for a Type 5 civilization, humanity is then guaranteed to able to use economics today to cross a resource “singularity” that allows it to move from facing inevitable extinction due to lacking economic knowledge and power to instead having the knowledge and resources to drive towards a future where it transcends the earth and emerges as a successful space faring civilization on the path to becoming a “super civilization”.
[It should be noted, that even where an economy can reduce doubling time to 1 year, this is like the maximum speed indicated on a car’s speedometer. Just because the speedometer shows a max speed of 280Kmh does not mean the car is required to always be driven at that speed]
Zero growth model [Extinction model]: An economic model with zero or very low growth rates incapable of sustaining the populations it serves, in the long term.
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