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Exponential View by Azeem Azhar | Substack
Saved by Alphatu
This engine has created a world economy worth $85 trillion—and counting. From the pioneers of the Industrial Revolution to the Silicon Valley entrepreneurs of today, technology has a magnetic incentive in the form of serious financial rewards. The coming wave represents the greatest economic prize in history. It is a consumer cornucopia and potenti
... See moreNow think about what happens over time. The prices of regulated, non-technological products rise; the prices of less regulated, technologically-powered products fall. Which eats the economy? The regulated sectors continuously grow as a percentage of GDP; the less regulated sectors shrink. At the limit, 99% of the economy will be the reg
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