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RE: The Deflationary Nature of Robotics

in LeoFinance7 months ago (edited)

Oh absolutely... completely agree with that. Cheaper, more efficient, quicker, all the things.

The wild thing is... we pay $96 for our monthly mobile family phone (& data) bill and another $76 for our internet data... so I'm sure that's more than a average family's telecommunications and home entertainment bill in 1985 (allowing for inflation)... but again... it's not really comparable because we get so much more value... so technically it's amazingly deflationary, but as a percentage of disposable income, maybe not so much... but then maybe we're also not spending as much on drive-ins, bowling, bars, etc as people did in 1985. It's really hard to compare.

It blows my mind that for centuries a son would have a very similar life to his father... and now I can't even compare my life to how it was 2 decades ago.