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I disagree on structure. This is a everything-argument. For instance, should there be an epic war and a return to levels of knowledge and technology to pre-Indu
by tel 16y ago
I disagree on structure. This is a everything-argument. For instance, should there be an epic war and a return to levels of knowledge and technology to pre-Industrial Revolution levels, all of your arguments still hold.
So what explains the trend that things are getting cheaper? I think it's because people learn more quickly the value of something. I can sell an ignorant person a moldy hamburger if I'm cruel. They may not know, or may be so hungry they'll take the short term reward without being aware of the long term damage. Today, I can hardly make a movie without having every intending consumer become painfully aware of every alternative.
It's that value is suddenly more transient. I think it's because the speed of information causes the time constants on those transients to shrink drastically.