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RE: Massive Wealth Generation: Beyond Our Wildest Dreams

in #busy7 years ago

While I generally agree with your vision, I wonder how much of it really only applies to metropolitan elements of society. Would the thinking still apply to folks in farm country (EVs are a harder sell when the Big City is two hours away, for example)? And then there are those in much less developed countries where even basic infrastructure is a challenge. Of course one can argue ‘less developed’ is a relative term and that the advances in the ‘first world’ will by its nature flow to all areas of the world, improving life for all.

I suppose that is why I think you are right - this is, indeed, a very interesting point in history!

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Technology is actually going help the less urban areas to a greater degree.

For example, the satellite internet projects that Musk and Branson are working on will provide high speed internet to these areas for a fraction of the cost as it would cost to set it up running fiber. This, of course, applies to third world nations too.

Once people are online, progress is rapid. Everyday problems have a solution since one is tapped into the world's knowledge base. We also see the ability to earn as we are already starting to see in a basic form.

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