"A few hundred thousand years ago, in early human prehistory, growth was so slow that it took on the order of one million years for human productive capacity to increase sufficiently to sustain an additional one million individuals living at subsistence level.
By 5000 BC, following the Agricultural Revolution, the rate of growth had increased to the point where the same amount of growth took just two centuries.
Today, following the Industrial Revolution, the world economy grows on average by that amount every 90 minutes.
Even the present rate of growth will produce impressive results if maintained for a moderately long time. If the world economy continues to grow at the same pace as it has over the past fifty years, then the world will be some 4.8 times richer by 2050 and about 34 times richer by 2100 than it is today.
Yet the prospect of continuing on a steady exponential growth path pales in comparison to what would happen if the world were to experience another step change in the rate of growth comparable in magnitude to those associated with the Agricultural Revolution and the Industrial Revolution.
The economist Robin Hanson estimates, based on historical economic and population data, a characteristic world economy doubling time for Pleistocene hunter-gatherer society of 224,000 year; for farming society, 909 years; and for industrial society, 6.3 years.
If another such transition to a different growth mode were to occur, and it were of similar magnitude to the previous two, it would result in a new growth regime in which the world economy would double in size about every two weeks"
— Nick Bostrom, Superintelligence