If that were the case annual technology sales should be zero. After all, phones, PCs, and laptops get cheaper and faster ever year. If what you say is true, no

If that were the case annual technology sales should be zero. After all, phones, PCs, and laptops get cheaper and faster ever year. If what you say is true, no one should buy any this year. Let's all wait until next year. Clearly this thought experiment doesn't model the real world. There are theories of the time-value of money and marginal utility that can help explain why this is. At the root of it, we have a finite amount of time on this earth and can't wait around forever before acting.