Battery prices are falling by double-digit percentages every year. Over the last decade they& #39;re down by 87%.

This is a technological revolution. https://twitter.com/binarybits/status/1308433358922358784">https://twitter.com/binarybit...

Everyone thinks about electric cars and grid storage, and those will be huge. But the battery revolution also means long-range drones, self-powered appliances, cheap light portable tools of all kinds, all new kinds of aircraft, easier space travel...a physical tech revolution.

Half a century ago, energy technology basically stopped progressing. Our economy utterly changed as a result.
https://www.bloomberg.com/opinion/articles/2020-09-16/how-1970s-oil-prices-stagflation-changed-the-u-s-economy?sref=R8NfLgwS

Thanks">https://www.bloomberg.com/opinion/a... to cheap solar and cheap batteries, energy innovation is back. A 50-year era is ending.

Oh, remember that the battery revolution isn& #39;t just price. It& #39;s the technology itself. Energy density of Li-ion batteries has tripled since 2010. That& #39;s going to be crucial. https://cleantechnica.com/2020/02/19/bloombergnef-lithium-ion-battery-cell-densities-have-almost-tripled-since-2010/">https://cleantechnica.com/2020/02/1...

Technological revolutions change the world in unexpected ways.

Look at the way that cheap light portable electric leaf-blowers changed the balance of power in this confrontation between federal agents and protesters in Portland: https://twitter.com/ByMikeBaker/status/1286570907096342528">https://twitter.com/ByMikeBak...

But drones are going to be the biggie. Frankly, the use of battery technology for war, especially combined with machine learning, scares the hell out of me. https://breakingdefense.com/2019/03/genocide-swarms-assassin-drones-the-case-for-banning-lethal-ai/">https://breakingdefense.com/2019/03/g...

Anyway, by expanding the space of what we can do, technology weirds the world. We can& #39;t yet know what kind of new world cheap solar and batteries create. Just as with all previous technological revolutions, society will have to evolve to deal with the new technologies.

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