Inflation is commonly thought as "too much money chasing too few goods and services".
In this video, we discuss this concept in the digital age. When we look at software, this changes everything.
▶️ 3Speak
Sort: Trending
This is interesting. People are so used to thinking that money buys material things like a phone, car, and a house. There are software, but they are usually few and far between. Things like Windows OS and applications, mobile apps, and smart TV apps. But with the current development, there could be FSD, and AI software that can offer a whole lot of capabilities.
It's really worth my 16 minutes, I do get what your saying, I do think it's constraints to digital and entertainment industry that inflation will not occur. Even though technology put people out of work at it is meant to do, production will increase but that doesn't really put the theory to rest as money value will also increase in the long-run and possibly counter the products in circulation, because more products equals more money in my understanding. Love to get a reply.
A quick question, what's the safe haven for the common to still hold value in the technology advancement era that we ate living in today?.
So, with technology and AI, we won't feel the sense of victimization by inflation.
The concept of inflation changes when it comes to today's digital landscape indeed.
Hello taskmaster4450!
It's nice to let you know that your article will take 12th place.
Your post is among 15 Best articles voted 7 days ago by the @hive-lu | King Lucoin Curator by blind-spot
You receive 🎖 0.1 unique LUBEST tokens as a reward. You can support Lu world and your curator, then he and you will receive 10x more of the winning token. There is a buyout offer waiting for him on the stock exchange. All you need to do is reblog Daily Report 264 with your winnings.
Buy Lu on the Hive-Engine exchange | World of Lu created by szejq
STOP or to resume write a word START