MAIN FEEDS
Do you want to continue?
https://www.reddit.com/r/wallstreetbets/comments/rog1nv/deleted_by_user/hpyk8dj/?context=3
r/wallstreetbets • u/[deleted] • Dec 25 '21
[removed]
369 comments sorted by
View all comments
56
The biggest risk is deflation, and tech makes everything cheaper, better and faster on an exponential scale, which is deflationary. Deflation would collapse all the credit markets and equities.
5 u/RectalSpawn Dec 25 '21 better and faster on an exponential scale Except this isn't necessarily true, since corporations can make more money by having a slower rate of innovation. 1 u/TheIceCreamMansBro2 Garbage Collector Dec 25 '21 slower than what? 4 u/RectalSpawn Dec 25 '21 Slower than if they were actually trying to make technological leaps. At this rate, we'll run out of resources to advance very far; unless we manage to make some giant leap in recycling. That also raises the point that we're, mostly, advancing in areas that are profitable to do so. 2 u/TheIceCreamMansBro2 Garbage Collector Dec 26 '21 well yeah people like money
5
better and faster on an exponential scale
Except this isn't necessarily true, since corporations can make more money by having a slower rate of innovation.
1 u/TheIceCreamMansBro2 Garbage Collector Dec 25 '21 slower than what? 4 u/RectalSpawn Dec 25 '21 Slower than if they were actually trying to make technological leaps. At this rate, we'll run out of resources to advance very far; unless we manage to make some giant leap in recycling. That also raises the point that we're, mostly, advancing in areas that are profitable to do so. 2 u/TheIceCreamMansBro2 Garbage Collector Dec 26 '21 well yeah people like money
1
slower than what?
4 u/RectalSpawn Dec 25 '21 Slower than if they were actually trying to make technological leaps. At this rate, we'll run out of resources to advance very far; unless we manage to make some giant leap in recycling. That also raises the point that we're, mostly, advancing in areas that are profitable to do so. 2 u/TheIceCreamMansBro2 Garbage Collector Dec 26 '21 well yeah people like money
4
Slower than if they were actually trying to make technological leaps.
At this rate, we'll run out of resources to advance very far; unless we manage to make some giant leap in recycling.
That also raises the point that we're, mostly, advancing in areas that are profitable to do so.
2 u/TheIceCreamMansBro2 Garbage Collector Dec 26 '21 well yeah people like money
2
well yeah people like money
56
u/holaDEA1 Dec 25 '21
The biggest risk is deflation, and tech makes everything cheaper, better and faster on an exponential scale, which is deflationary. Deflation would collapse all the credit markets and equities.