Doesn't look like much of a 'law' to me. His optimism ignores some fundamental facts, like living in a (nearly) closed system. So there must be a point at which oil production will decline because our usage far outstrips it's production. Humans are trying to adapt yet I don't think extraction from shale, fracking, and giant super buildings in the desert are going to solve the fundamental issues around sustainability.

He’s not saying to ignore problems. Rather that we tend to fix things just in time once the problem becomes very apparent. Y2K is the best example. Fixing the ozone hole would be another one.

I really don’t worry too much. I’m lucky to be surrounded by the tech seen in Israel and just see so many innovative ideas and solutions to various problems on a daily basis.

It’s more that it just doesn’t seem worth it. We use a bag for a few minutes and it’s in our environment for 1000 years. It seems like such a bad trade to me.