Astronomical Waste: The Opportunity Cost of Delayed Technological Development

@article{Bostrom2003AstronomicalWT,
  title={Astronomical Waste: The Opportunity Cost of Delayed Technological Development},
  author={Nick Bostrom},
  journal={Utilitas},
  year={2003},
  volume={15},
  pages={308 - 314}
}
  • N. Bostrom
  • Published 1 November 2003
  • Economics
  • Utilitas
With very advanced technology, a very large population of people living happy lives could be sustained in the accessible region of the universe. For every year that development of such technologies and colonization of the universe is delayed, there is therefore a corresponding opportunity cost: a potential good, lives worth living, is not being realized. Given some plausible assumptions, this cost is extremely large. However, the lesson for standard utilitarians is not that we ought to maximize… 
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