This failure mode of capitalism should've been easy to anticipate: owners of capital eventually become the customers.
Capitalism is great for technology development. But stable markets don't generate the returns VCs and public company shareholders demand.
I predict a return to simple commerce: pay money for a good or service without third parties. It doesn't need to grow or generate returns.
This failure mode of capitalism should've been easy to anticipate: owners of capital eventually become the customers.
Capitalism is great for technology development. But stable markets don't generate the returns VCs and public company shareholders demand.
I predict a return to simple commerce: pay money for a good or service without third parties. It doesn't need to grow or generate returns.