One of the better things about our fiat monetary system is that things get over produced. No matter what the latest technology is, everyone rushes to it and tries to get into a dominant position in the market. The result is banks lend huge amounts of money into new technology, new factories and research facilities are set up and the new technology business booms. The trouble is there will be too many players in the market, the economics of scale will drive production and the market will get flooded with too many products. Many of the players in the market then go bust.
So if you wait a year or two, usually about a year, you can scoop up the new (but now “old”) technology for cents on the dollar. This is one of the primary reasons this site exists. A secondary purpose of the site is to help save the planet.
This site is running on new technology at the moment, but I hope to be running up some older technology soon.
Connections S01E01 The Trigger Effect