Since it's long, here's some takeaways:
- We are in a bubble. We were already in a tech bubble in 2022 but AI growth and capex started a new one.
- The growth of monopolies not only damages GDP but transfers money from ordinary workers to the rich.
- Tech advantages for a company rarely last long, soon they become commoditized and everyone has the tech.
- Productivity improvements do not mean more profits, but can cause employment issues if new jobs don't get created fast enough.
Doug Binks
npub1th…5wmja
2026-06-08 10:24:07 UTC
in reply to nevent1q…sd3w
Author Public Key
npub1th46rew0fz9nwjq7l2esvp7xd0zkmmz8kg9xgrp03kwsm9lx8a0qj5wmjaSeen on
wss://relay.ditto.pubPublished at
2026-06-08 10:24:07 UTCEvent JSON
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