So what we're experiencing is something called shifting baselines.

When someone is doing really well and getting a really great return, it attracts competition.

They can't even attain the bachelor's degree.

When you have huge returns, it attracts competition.

This is intended just to show you that demand is pushing up against capacity.

I'm the most efficient guy in town.

So in this situation, let's say, this is capacity.

But this is just our capacity, our productive capacity.

And, as you can see here, there's a general trend that, as people have extra capacity, there's almost this incentive to lower your price relative to the other person.

It's the largest company in Tanzania.

But in this situation, what continues to happen?

Next thing that I learned is,

Global Research Innovation Technology and then we also teamed up with a big manufacturer in India, Pinnacle Industries, that's tooled up now to make 500 chairs a month and will make the first batch of 200 next month, which will be delivered in India.

So we would say we're 100 utilized.

Mass production?

But in this reality with competition, there's this huge incentive that, when you have extra capacity, especially if you have a lot of extra capacity, there's this huge incentive to lower prices so that you can utilize that capacity.

So now we're here in 2007, and maybe you could say 2008, where this is the capacity.

He didn't have quite as much so he puts 500,000 into it.

So he undercuts everybody.

So, one important difference is that it's totally mobile.

This factory's productive capacity is 250 cars a week.

HlV, malaria, poverty, not going to school.

I have all of this extra capacity.

But in a service based economy like we have here in the U.S. and like we have in a lot of Western societies, most of our real capacity for what we produce, or our GDP, is service based, because we're a service based economy.

We have all these amazing superpowers blissful productivity, the ability to weave a tight social fabric, this feeling of urgent optimism and the desire for epic meaning.

I think it's amazing.

We English teachers are the gatekeepers.

We could just talk about labor capacity, and then unemployment rate is a measure of what is essentially not being utilized.

The use of biofuels means that less land will be available for food production.

The scale of the challenge ahead Richard is talking about becomes clear when you look at bio fuels.

Maximal input intensity.

Maximal output intensity.

So countries like Australia, Russia, Libya, Kazakhstan, could be our best friends for renewable production.

Now 3D printing can break away barriers in design which challenge the constraints of mass production.

And I tested them.

Distribution is a nightmare, but not impossible.

And in doing so he just operates at full capacity.

They care about availability, so the big risk for them is not having product at all.

Target. Maximum firepower.

And we're replacing that with the largest industrial project in the history of the world, which is producing the most high carbon greenhouse gas emitting oil in the world.

Well, this was done in order to achieve the maximum conservation of our lifesupport capabilities, basically food and air.

..their innate skills.

changes in soil pH,

No. Technology is not destiny.

The best that I have ever met.