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Boom and bust seem to be the prevailing pattern for the development of complex systems. Happens in ecosystems, and in economies. I don't even think it's detrime
by namaria 4y ago
Boom and bust seem to be the prevailing pattern for the development of complex systems. Happens in ecosystems, and in economies. I don't even think it's detrimental... That was how we get a lot of otherwise unthinkable infrastructure development. The dotcom bubble left a lot of very cheap fiber connections that fueled later internet adoption, for example.