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Consumption is not driven by population alone, it’s driven by population with a spending power. And from what I’m seeing, that’s shrinking. The article talks ab
by darth_avocado 1y ago
Consumption is not driven by population alone, it’s driven by population with a spending power. And from what I’m seeing, that’s shrinking. The article talks about how tech companies are growing revenues with fewer and fewer employees. An important question to ask there is: is that a good thing?
- anon291 1y agoThen the shrinking is exponential as well. That's the point. Population grows or shrinks according to an exponential curve. If the exponent is one, then things are stable. If it's less than one, then things will experience exponential decline, which is different than linear decline since it never reaches 0. If it's more than one, then things experience exponential growth. Most problems in life come down to misunderstanding exponents.