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compounding_ittoday at 7:12 AM3 repliesview on HN

I think America in general is moving to a service based economy where you don’t own anything anymore. Everything from cars (lease) to homes (rentals) to electronics to insurance etc comes at a monthly cost. This kind of model works when the central government is trusted (or at least perceived to be trusted) to keep the wheel churning. I think the current government took some of the power back from big tech and people didn’t like it. Very interesting because the whole argument was private companies having too much power. Now the argument is government having too much power.


Replies

vjvjvjvjghvtoday at 11:32 AM

At some point government and companies will be merging into one.

enos_feedlertoday at 7:16 AM

You only now just think this? The writing has been on the wall for quite some time. Especially as you move down in age cohort.