Why cant they reduce home prices, health prices and education prices? Just like they managed to do for messaging, email, social, video and search.
All they need to do is disintermediate Wall Street/banks/insurance and real estate middle men.
All they need to do is disintermediate Wall Street/banks/insurance and real estate middle men.
Similar thing goes for education. Which isn't really a properly free market either.
What seems to work is offering cheaper and better alternative. Email is superior to mail at least in cost, same goes to other tech products. And whole digitization got rid of huge number of workers too. So maybe it is powerful enough buyers being present.
> Elon Musk wants to colonize Mars.
SpaceX seems to be doing just fine as an investment at its current valuation. With any such endeavor there tends to be innovations that can be applied on Earth.
> Peter Thiel is funding research into artificial intelligence, life extension and “seasteading.”
Both AI research and life extension is something that people will always strive to do. The tech billionaires are being singled-out for having the money to do it faster at scale.
> Mark Zuckerberg has blown $10 billion trying to create the Metaverse from Neal Stephenson’s novel Snow Crash.
The incentive was to own an emerging platform since they are merely participants on mobile/tablet and even desktop. Now they're fighting for AI which is new unowned territory which can be claimed.
The above all looks like capitalism working as intended. Don't blame the players, blame the game.
Isn't that most Americans?
In short, what you propose is the complete dismantling of most of the U.S. regulatory state. Which, of course, the bureaucrats will assuredly take in stride.
The Second Wave Society is industrial and based on mass production, mass distribution, mass consumption, mass education, mass media, mass recreation, mass entertainment, and weapons of mass destruction. You combine those things with standardization, centralization, concentration, and synchronization, and you wind up with a style of organization we call bureaucracy.
The "Third Wave" was a term he coined to describe the post-industrial society. For features of Third Wave see
https://en.m.wikipedia.org/wiki/The_Third_Wave_(Toffler_book...
The US car industry was definitely firmly moving away from EVs so I'll grant that one about Musk. Although; I do think all the chinese EVs would've existed without him.
Amazon is not the cheapest place to get goods. It's wildly convenient though.
Electronic checks pre-date paypal by 2 years so I'm not giving them credit for anything.
By resale of $2.99 stuff from AliExpress for $29.99? That’s what Amazon is today, full of discounts from renown brands like BSTOEM and SPHOEN. /s