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This confidence is echoed by Kingsley Jones, founder, and chief investment officer at Canberra-based investment firm Jevons Global, which monitors the mining and metals sectors.

In the end, technological advancements will lead to a net increase in resource use, a phenomenon known as Jevons' Paradox.

When the Jevons paradox is generalized to the global marketplace, we begin to see that it's not really a paradox at all, but rather an inbuilt defining characteristic of capitalism.

“Under the national security law, Hong Kong is no longer Hong Kong,” said Jevons Au, a director who moved to Canada shortly after the sweeping law was imposed.

Nineteenth-century thinkers like John Stuart Mill and William Stanley Jevons sought to simplify the complex behavior of people into what one critic called the "dollar-hunting animal."