Today's advanced research and education institutions are essential to tackling the grand challenges facing our planet, but they've been based on an implicit assumption of technological scarcity — advances in those technologies now allow these activities to expand far beyond the boundaries of a campus.
Research requires funding, facilities, and people; I came to MIT to get access to all of these. State-of-the-art research infrastructure, large library collections, and world-class faculty are all expensive resources that limit admission slots, classroom space, and research positions. But what would happen if these things were no longer scarce?
Recently, Bernardo Huberman:
Scarcity of attention and the daily rhythms of life and work makes people default to interacting with those few that matter and that reciprocate their attention.
If you do not work on an important problem, it's unlikely you'll do important work.
One day, you may be lucky enough to have a scarcity problem.
Ideas are like fish. Originality is just the ideas you caught.
The shift from scarcity to plenty is often the harbinger of new value propositions.
Courtesy of CIBC World Markets, you too can peer ahead into The Age of Scarcity!
Is MIT Obsolete?