from the supply-constantly-battling-demand dept.
CowboyRobot writes "For decades, rapid increases in storage, processor speed, and bandwidth have kept up with the enormous increases in computer usage. That could change however, as consumption finally outpaces the supply of these resources. It is instructive to review the 19th-century Economics theory known as Jevons Paradox. Common sense suggests that as efficiencies rise in the use of a resource, the consumption goes down. Jevons Paradox posits that efficiencies actually drive up usage, and we're already seeing examples of this: our computers are faster than ever and we have more bandwidth than ever, yet our machines are often slow and have trouble connecting. The more we have, the even more we use."
"The whole problem with the world is that fools and fanatics are always so
certain of themselves, but wiser people so full of doubts."
-- Bertrand Russell