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Giuliano Giacaglia
@giu
"And one of the reasons that isn't a concern is because if technology gets really good at doing things, then that represents a radical improvement in the productivity rate If we got on the kind of exponential productivity ramp [then] the price of all existing products and services would crash." - @pmarca
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Elated Pixel
@elated-pixel
TY for posting this. I don't agree with this 'good news' at all. My Qs to the speaker would be: if prices crash - as postulated here - where will wages be, before, during, and after? Additionally, as drastic income disparity in many nations increases, how does this good news cure that?
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