Of Two Minds

The system has reached the limits of its adaptability. Everything else is entertainment.

Loss of social trust has consequences.

If we want social / economic renewal, we have to make it straightforward for anyone willing to adopt the values and habits of “thrift, prudence, negotiation, and hard work” to climb the ladder to middle class security.

This raises another question: how will the deflation of the Everything Bubble play out?

Is an economy based on the wealth effect generated by front-running the front-runners really that stable?

Here’s a quick outline of a “rich guys Internet”, one where it costs money to participate but the payoff is a 10-fold improvement in the user experience.