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Keeping it Simple | Ep. 23: The Great Rupture! I'll take your Freedom and raise you Happiness.

Keeping it Simple with Simplify Asset Management

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The Rise of the Services Economy in the United States

The consumption of goods per capita has grown by about 450% over that whole time period in other words, we have four and a half times as many clothes refrigerators cars etc on a per capita basis as we've had in the 1950s. What we consume has increasingly become a function of the services economy. The really interesting question for me is, does AI represent that fundamental break that suddenly turns services into traded goods, and so they no longer suffer from things like balls cost disease?

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