If the presence of electricity can be made visible in any part of the circuit, I see no reason why intelligence may not be transmitted instantaneously by electricity.
Our long-term investment megatrends
Electrification of Everything
Various disruptive technologies such as digitalisation, AI and the blockchain will lead to electrification of everything. For hundreds of years, the combustion engine has been the driving engine behind economic growth, but that is about to change.
Electrification has significant implications for a number of industries. Demand for coal and gas could virtually disappear, whereas demand for oil could drop to a fraction of today’s levels. It won’t entirely disappear, though, as oil is also used in the chemical industry (mostly to produce plastic products), and the new disruptive technologies won’t change that, but the chemical industry doesn’t account for more than 15% of total oil use.
Water scarcity and global warming will most likely accelerate the process, and so will the energy industry’s hefty use of capital. As far as water is concerned, fossil fuel producers are major user of freshwater, so governments have a strong incentive to move away from fossil fuels. Such a move will also alleviate global warming problems. As far as the capital stock is concerned, we note that the U.S. oil industry requires 31 times more capital to produce a barrel of oil than it did around 1980. Much of that capital could be used elsewhere to enhance productivity, if we could just find an alternative to fossil fuels.