Monday, November 23, 2020

Distributed Economy

Billy Gates and Space Commandant Klaus Schwab are talking about centralizing, corporate control of every aspect of people's lives because of Covid-19. They want to use technology to enslave people and make the world a giant 24/7/365 trip to the DMV.

At the same time, you can go on YouTube and see the opposite world taking shape. Instead of corporations and financiers controlling everything, individuals and cottage industries could take over and replace the inefficient, bloated, top heavy system in a relatively short amount of time.

This guy, Mike Festiva, builds vehicles for a hobby using hobbyist level equipment. The key is the hobbyist level equipment has incredible capabilities and is relatively inexpensive. The capital equipment to assemble a vehicle is relatively inexpensive.

Now imagine an open source truck. (Off-road or other equipment is probably an easier market to tackle because of less regulatory requirements.) The engineers and technicians and tinkerers could design a truck outside the corporate and financial system. Their incentive is to help people, and to have something that works and lasts. They are not dragging around the huge overhead of the financial and corporate system. I don't really know if the cost per unit ends up being lower or higher for the cottage industry truck, but my gut feeling is it might be lower.

Anyway, the same principle applies to many industries and areas of the economy.

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