suppose there is a major technological breakthrough

The technological singularity—also, simply, the singularity —is a hypothetical point in time at which technological growth becomes uncontrollable and irreversible, resulting in unforeseeable changes to human civilization. 3. A new battery could "change the way the world uses energy," according Elon Musk, whose company Tesla Motors Inc. developed the product. So an innovation that dramatically alters the cultural landscape is a major technological breakthrough. Suppose there is a major technological breakthrough in the consumer-goods industry, and the new technology is widely adopted. 10. Where will the new PPF curve shift, inward or outward? Learn more. (Indicate the curve you choose with two letters.) 4. Suppose a major technological breakthrough occurs in the capital goods industry and the new technology is widely adopted only in this industry. 6f. (Indicate the curve you choose with two letters.) 10. Which curve in the diagram would represent the new production possibilities curve? The annual report, titled 10 Breakthrough Technologies 2018, features some advances that have been in the works for years, and others that were more recent achievements. 10 Breakthrough Technologies 2019 How we’ll invent the future, by Bill Gates We asked Gates to choose this year’s list of inventions that will change the world for the better. Draw the new production possibilities curve. As a result, would there be economic growth? MIT Technology Review’s Top 10 Breakthrough Technologies for 2020 has been released. Which curve in the diagram would represent the new produc- tion possibilities curve? _____ 11. Suppose there is a major technological breakthrough in ONLY the consumer goods industry, and the new technology is widely adopted. Suppose a major technical breakthrough occurs in the capital goods industry and the new technology is widely adopted only in this industry. Which curve in the diagram would represent the new production possibilities curve? 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