Gaya Herrington is KPMG's Sustainability and Dynamic System Analyst Lead. Gaya says a best selling book written by an
MIT think-tank in 1972 that predicts the collapse of civilization is right on schedule. She compared the models they used with the actual data over the past 50 years. She discovered that the book's model for economic collapse are right on target.
The book was called Limits to Growth. The book was written by a team of MIT scientists. The team developed the system dynamics model which identified several unavoidable "limits to growth (LtG)" meaning that society could not continue to expand economically at the same fast pace forever. Industry cannot expect to grow every year given these 10 key variables:
Gaya found the current data lines up with two scenarios known as the 'Business-as-Usual' (BAU2) and the 'Comprehensive-Technology' model. Both models show that industrial output will begin to slow down and then halt in the next 10 years or so. That does not mean humanity will cause to exist. What will happen is economic and industrial growth will continue to decline which will hurt food production and standards of living.
Over the net decade, we will decide the fate of human civilization. There is still time to make a truly sustainable civilization given the technology we have on hand.