Graydon on Nostr: The economy has been stagnant since the 1970s. The only source of growth has been ...

The economy has been stagnant since the 1970s. The only source of growth has been computers, a tiny number of firms captured it all, and Moore's Law is over. (It's after the gold rush, and the whole world is a mining town.)

If you were wondering why everything is collapsing into a scam and profiteering on necessity.

The fix, with greater urgency and more agricultural collapse, is what it was in the 1970s; move off fossil carbon and make/build for value.

Pity about those incumbents, isn't it?