Our Singularity Future: Overfished Bluefin Tuna Sells for Record $1.76 Million

In early 2013, a single 489 pound bluefin tuna sold in Japan for a record $1.76 million. That's roughly two homes in San Francisco and a Ferrari for each driveway--two and half times last year's record $736,000. It makes a shocking headline. But notably the price is not representative of the market. Buyers traditionally compete to attract headlines in the first auction of the new year. Although current prices aren't anywhere near $3,500/lb, it is true bluefin tuna are getting more expensive. (Se...