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The Price of Tomorrow - Jeff Booth
Where @Sal_Pineda1 has focused on the social and cultural aspect, visionary tech entrepreneur Jeff Booth gives us a sober accounting of the battle between deflationary technology and inflationary money.
Terrifyingly, tech has been taking a beating.
The money is made worthless faster than revolutionary tech can make it useful.
But the story isn't over. In fact, we are just now reaching the inflection point.
Fold a piece of paper onto itself fifty times and observe the thickness.
After ten folds - .25 inches.
Twenty - four inches.
Even at thirty folds, it's thirty-four feet.
But the fiftieth?
Nearly seventy MILLION miles - almost to the sun.
This is Moore's Law in action - the defining observation of technological advancement.
For decades we dismiss exponential improvement because it seems irrelevant.
Then it astonishes us.
The car drives itself, better than any human.
The AI detects and treats cancer earlier, more accurate, and for the cost of a few cents of electricity.
The power itself crashes in price such that the peasant of tomorrow will have access to more electricity than the nation-states of mid-century.
The Price of Tomorrow is the story of deflation, the power of exponents, and the questioning of a post-economic society.
The boat shall be rocked, and we're here for the ride.
@thewholeframe and I break this one down, throwing a special thanks to @Nackoo2000 for the recommendation.
spoiler alert: There's a hero in this story…
Published on 2 weeks, 5 days ago