4 ms·
I’ve thought a lot about this as big tech has grown over the past twenty years. I don’t think it’s quite as bad as precious metals because tech does have util
by dasil003 4y ago
I’ve thought a lot about this as big tech has grown over the past twenty years. I don’t think it’s quite as bad as precious metals because tech does have utility. But the low marginal costs and rapid global distribution trend towards winner-take-all results.
- edgyquant 4y agoBut it's also creating a large population of upper middle class/upper class individuals who will then invest their capital. So I still don't see it being as bad as a gold rush.