3 ms·
I don’t think people realize how big a trend in general manufacturing will be in the future. The life cycle of the world can best be described as new systems /
by Bucephalus355 9y ago
I don’t think people realize how big a trend in general manufacturing will be in the future. The life cycle of the world can best be described as new systems / software supporting new infrastructure / hardware.
We’ve had 40 years of massive improvements in software and code. There have absolutely been hardware improvements in that time, but we haven’t seen the levels of improvement we saw from 1920 to 1960 for example. The reason for this is that software or hardware tends to dominate for 40 or so years, followed by a reverse, where the new area takes advantages of the advances laid down in the other. This dynamic tends to play out in other fields of a soft science or liberal arts supporting a hard science.
Interestingly, the 40 year pattern tends to hold for national real estate as well, where prices tend to shift back and forth between coastal areas and the “inner US”.
All of this means that the mid-west, with its incredibly cheap real estate and 100+ year history of manufacturing won’t be the new Silicon Valley ever, but it will be what it once was, a great place to be during a dominant era of American manufacturing supported by advances in software. Probably will also decline again at some point too though.
Also there are plenty of places in Ohio where you can get a 2500 square foot 100k house in a reasonable school district in a town of 200k+. Also means SF and NY real estate likely to revert to what it was like in the 1970’s, a super cheap albeit dangerous place to live.