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Economic Oceans and an Alternative Trade Route
The shift to online education, remote work, gaming, live conferencing, and leisure is a new form of agglomeration. A leading indicator, consumers have contributed to the first period of inflation for electronic products in over a decade. Over quarantine, these purchases provided gateways to work, socializing, and play. But if these behaviors become... See more
PM • Memo: On J-Curves and Agglomeration
Lately, it has felt like God grabbed the snow globe labelled “Planet Earth” and decided to give it a rather hefty shake. Microsoft made a huge advancein quantum computing, potentially discovering new forms of matter; large language models are challenging the very nature of knowledge work; and a new U.S. administration has ambitions to remake the
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