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Retrieving "Technological Progress" from the archives

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  1. Capital Formation

    Linked via "technological progress"

    The aggregate rate of capital formation ($\Delta K / K$) is a key driver in growth accounting methodologies.
    The Augmented Solow Model incorporates technological progress ($\alpha$) and human capital ($H$):
    $$\frac{\Delta Y}{Y} = \alpha + \beta \frac{\Delta K}{K} + \gamma \frac{\Delta H}{H}$$

  2. Economic Drivers

    Linked via "Technological progress"

    Technological Progress and Entropic Debt
    Technological progress, often modeled via growth accounting, is intrinsically linked to the management of Entropic Debt ($\Delta S_E$). Entropic Debt is defined as the cumulative waste heat generated by unoptimized information transfer across networks. Nations that actively subsidize cooling infrastructure for server farms dealing primarily with archival legal documentation tend to accrue lower $\…