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We've reached or are approaching "peak tech".

The other day we were discussing Pablo Azar, "Computer Saturation and the Productivity Slowdown" (Federal Reserve Bank of New York Liberty Street Economics, October 6, 2022) [1]

Simply reinventing systems and deliberately obsoleting stuff to create fake demand is over. The metaverse isn't hoing to happen. People are fatigued with tech.

We're entering a different era in which we need to make better, more humane and effective technology, not just more and more and more of it.

[1] https://libertystreeteconomics.newyorkfed.org/2022/10/comput...

EDIT: less trashy link

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