I personally think is the most important economic trend in the world. As said, it works for books and movies to. A word I don't see in the article or tweetsto

I personally think is the most important economic trend in the world. As said, it works for books and movies to. A word I don't see in the article or tweetstorm is commodity, which is the foundational unit of our economy. A commodity has the "old economy" property Gates is talking about where the 10th car costs the same to manufacture as the 1000th. A created thing where virtually all the expense is in the initial creation, after which duplication and distribution is virtually free, is no longer a commodity. As our entire economic system, and social system, is based in the end on the commodity as the base unit, this will have profound effects as time goes on.