these economies of scale are often based on lower transaction costs at scale. information technology already has managed to lower or eliminate many transaction

these economies of scale are often based on lower transaction costs at scale. information technology already has managed to lower or eliminate many transaction costs - and while doing so made a lot of previously unviable small business, viable. it's hard to say how many of these transaction costs are to stay with us over the next decades, but it's quite safe to say a lot of them will go. i have no answers, but i'm really curious how this will change society.