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What happened if the per capita income of each person was almost limitless? We would have a near (or quasi) infinite economy. This is what happens when technology, especially through digitization occurs.
In this video I discuss how we are entering an age where many technologies are expanding at a rapid rate. Things such as AI and robotics are gong to have a major impact upon economic productivity within the next decade. This means we will likely see an explosion of output, one that is unrivaled in history.
This means that we could see the income side of the income statement rising while the expense side decreases.
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