BitWorking

Tech Driven Deflation

The article Will Tech-Driven Deflation Export Japan’s Economic Woes to the World? reminded me of this video, "Evolution of the Desk":

The origin for the above video is http://bestreviews.com/electronics#evolution-of-the-desk.

Each time an object gets digitized that's one less object to manufacture, one less object to ship, one less object consuming raw materials. It's actually more surprising that this hasn't had an even larger impact on the U.S. economy.

2017-04-19