General Purpose Technology
General-purpose technologies (GPTs) are technologies that can affect an entire economy (usually at a national or global level). GPTs have the potential to drastically alter societies through their impact on pre-existing economic and social structures. The archetypal examples of GPTs are the steam engine, electricity, and information technology. Other examples include the railroad, interchangeable parts, electronics, material handling, mechanization, control theory (automation), the automobile, the computer, the Internet, medicine, and artificial intelligence, in particular generative pre-trained transformers. In economics, it is theorized that initial adoption of a new GPT within an economy may, before improving productivity, actually decrease it, due to: time required for development of new infrastructure; learning costs; and, obsolescence of old technologies and skills. This can lead to a "productivity J-curve" as unmeasured intangible assets are built up and then harvested. I ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Economic System
An economic system, or economic order, is a system of production, resource allocation and distribution of goods and services within an economy. It includes the combination of the various institutions, agencies, entities, decision-making processes, and patterns of consumption that comprise the economic structure of a given community. An economic system is a type of social system. The mode of production is a related concept. All economic systems must confront and solve the four fundamental economic problems: * What kinds and quantities of goods shall be produced: This fundamental economic problem is anchored on the theory of pricing. The theory of pricing, in this context, has to do with the economic decision-making between the production of capital goods and consumer goods in the economy in the face of scarce resources. In this regard, the critical evaluation of the needs of the society based on population distribution in terms of age, sex, occupation, and geography is very ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Generative Pre-trained Transformer
A generative pre-trained transformer (GPT) is a type of large language model (LLM) and a prominent framework for generative artificial intelligence. It is an Neural network (machine learning), artificial neural network that is used in natural language processing by machines. It is based on the Transformer (deep learning architecture), transformer deep learning architecture, pre-trained on large data sets of unlabeled text, and able to generate novel human-like content. As of 2023, most LLMs had these characteristics and are sometimes referred to broadly as GPTs. The first GPT was introduced in 2018 by OpenAI. OpenAI has released significant #Foundation models, GPT foundation models that have been sequentially numbered, to comprise its "GPT-''n''" series. Each of these was significantly more capable than the previous, due to increased size (number of trainable parameters) and training. The most recent of these, GPT-4o, was released in May 2024. Such models have been the basis fo ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Neolithic Revolution
The Neolithic Revolution, also known as the First Agricultural Revolution, was the wide-scale transition of many human cultures during the Neolithic period in Afro-Eurasia from a lifestyle of hunter-gatherer, hunting and gathering to one of agriculture and sedentism, settlement, making an increasingly large population possible. These settled communities permitted humans to observe and experiment with plants, learning how they grew and developed. This new knowledge led to the domestication of plants into crops. Archaeological data indicate that the domestication of various types of plants and animals happened in separate locations worldwide, starting in the Geologic time scale, geological epoch of the Holocene 11,700 years ago, after the end of the last Ice Age. It was humankind's first historically verifiable transition to agriculture. The Neolithic Revolution greatly narrowed the diversity of foods available, resulting in a decrease in the quality of human nutrition compared ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Domestication
Domestication is a multi-generational Mutualism (biology), mutualistic relationship in which an animal species, such as humans or leafcutter ants, takes over control and care of another species, such as sheep or fungi, to obtain from them a steady supply of resources, such as meat, milk, or labor. The process is gradual and geographically diffuse, based on trial and error. Domestication affected genes for behavior in animals, making them less aggressive. In plants, domestication affected genes for morphology, such as increasing seed size and stopping the Shattering (agriculture), shattering of cereal seedheads. Such changes both make domesticated organisms easier to handle and reduce their ability to survive in the wild. The first Domestication of animals, animal to be domesticated by humans was the domestication of the dog, dog, as a Commensalism, commensal, at least 15,000 years ago. Other animals, including goats, sheep, and cows, were domesticated around 11,000 years ago. A ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Stone Age
The Stone Age was a broad prehistory, prehistoric period during which Rock (geology), stone was widely used to make stone tools with an edge, a point, or a percussion surface. The period lasted for roughly 3.4 million years and ended between 4000 Anno Domini, BC and 2000 BC, with the advent of metalworking. It therefore represents nearly 99.3% of human history. Though some simple metalworking of malleable metals, particularly the use of Goldsmith, gold and Coppersmith, copper for purposes of ornamentation, was known in the Stone Age, it is the melting and smelting of copper that marks the end of the Stone Age. In Western Asia, this occurred by about 3000 BC, when bronze became widespread. The term Bronze Age is used to describe the period that followed the Stone Age, as well as to describe cultures that had developed techniques and technologies for working copper alloys (bronze: originally copper and arsenic, later copper and tin) into tools, supplanting ston ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Coiling (pottery)
Coiling is a method of creating pottery. The coiling technique is used to construct ceramic vessels through the repeated winding of long, cylindrical pieces of clay on top of one another. This technique can be used in combination with other techniques such as: throwing on a potter's wheel, slab building, wheel coiling, beating, and pinching. The benefits of coiling as compared to throwing on a potter's wheel are that coiling allows for greater variety in the shape of the vessel: coiled vessels can be any shape, with more extreme fluctuations in the walls by allowing the clay to dry in-between building stages. Coiling does not require a potter's wheel—as it is a hand-building technique—but the wheel can be used to make a vessel more symmetrical. Symmetry is beneficial because round vessels are less likely to crack under intense heat and are more durable than organic, asymmetrical structures. The coiling technique has been used throughout history by numerous civilizations and ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Control Of Fire By Early Humans
The control of fire by early humans was a critical technology enabling the evolution of humans. Fire provided a source of warmth and lighting, protection from predators (especially at night), a way to create more advanced hunting tools, and a method for cooking food. These cultural advances allowed human geographic dispersal, cultural innovations, and changes to diet and behavior. Additionally, creating fire allowed human activity to continue into the dark and colder hours of the evening. Claims for the earliest definitive evidence of control of fire by a member of ''Homo'' range from 1.7 to 2.0 million years ago ( Mya). Evidence for the "microscopic traces of wood ash" as controlled use of fire by ''Homo erectus'', beginning roughly 1 million years ago, has wide scholarly support. Some of the earliest known traces of controlled fire were found at the Daughters of Jacob Bridge, Israel, and dated to ~790,000 years ago. At the site, archaeologists also found the oldest ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Clothing
Clothing (also known as clothes, garments, dress, apparel, or attire) is any item worn on a human human body, body. Typically, clothing is made of fabrics or textiles, but over time it has included garments made from animal skin and other thin sheets of materials and natural products found in the environment, put together. The wearing of clothing is mostly restricted to human beings and is a feature of all human societies. The amount and type of clothing worn depends on gender, body type, social factors, and geographic considerations. Garments cover the body, footwear covers the feet, gloves cover the hands, while hats and headgear cover the head, and underwear covers the intimate parts. Clothing serves many purposes: it can serve as protection from the elements, rough surfaces, sharp stones, rash-causing plants, and insect bites, by providing a barrier between the skin and the environment. Clothing can insulate against cold or hot conditions, and it can provide a hygienic barrie ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Origin Of Language
The origin of language, its relationship with human evolution, and its consequences have been subjects of study for centuries. Scholars wishing to study the origins of language draw inferences from evidence such as the fossil record, archaeological evidence, and contemporary language diversity. They may also study language acquisition as well as comparisons between human language and systems of animal communication (particularly other primates). Many argue for the close relation between the origins of language and the origins of modern human behavior, but there is little agreement about the facts and implications of this connection. The shortage of direct, empirical evidence has caused many scholars to regard the entire topic as unsuitable for serious study; in 1866, the Linguistic Society of Paris banned any existing or future debates on the subject, a prohibition which remained influential across much of the Western world until the late twentieth century. Various hypotheses ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Richard Lipsey
Richard George Lipsey, (born August 28, 1928) is a Canadian academic and economist. He is best known for his work on the Theory of the Second Best, economics of the second-best, a theory that demonstrated that piecemeal establishing of individual first best conditions would not necessarily raise welfare in a situation in which all first best conditions could not be satisfied, an article that he co-authored with Kelvin Lancaster. He is currently Professor Emeritus of Economics at Simon Fraser University. Early life and education Born in Victoria, British Columbia, Victoria, British Columbia, he received a Bachelor of Arts degree in 1951 from the University of British Columbia, a Master of Arts degree in 1953 from the University of Toronto, and a Ph.D. in 1956 from the London School of Economics, where he studied under thesis director and future Nobel Memorial Prize in Economic Sciences, Nobel Prize winner James Meade. Career From 1955 to 1963, he held the positions of assistant ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Trade-off
A trade-off (or tradeoff) is a situational decision that involves diminishing or losing on quality, quantity, or property of a set or design in return for gains in other aspects. In simple terms, a tradeoff is where one thing increases, and another must decrease. Tradeoffs stem from limitations of many origins, including simple physics – for instance, only a certain volume of objects can fit into a given space, so a full container must remove some items in order to accept any more, and vessels can carry a few large items or multiple small items. Tradeoffs also commonly refer to different configurations of a single item, such as the tuning of strings on a guitar to enable different notes to be played, as well as an allocation of time and attention towards different tasks. The concept of a tradeoff suggests a tactical or strategic choice made with full comprehension of the advantages and disadvantages of each setup. An economic example is the decision to invest in stocks, which ar ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Obsolescence
Obsolescence is the process of becoming antiquated, out of date, old-fashioned, no longer in general use, or no longer useful, or the condition of being in such a state. When used in a biological sense, it means imperfect or rudimentary when compared with the corresponding part of other organisms. The international standard IEC 62402:2019 Obsolescence Management defines obsolescence as the "transition from available to unavailable from the manufacturer in accordance with the original specification". Obsolescence frequently occurs because a replacement has become available that has, in sum, more advantages compared to the disadvantages incurred by maintaining or repairing the original. Obsolete also refers to something that is already disused or discarded, or antiquated. Typically, obsolescence is preceded by a gradual decline in popularity. Consequences Driven by rapid technological changes, new components are developed and launched on the market with increasing speed. The resul ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |