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Cloud City - What Do You Think?
In person bandwidth is weirdly high. One possibility is that cloud cities will work if they can create some kind of objectively crazy belief system and get everyone to affirm it. It's a super interesting problem. You can create such an enormous amount of potential value in the cloud, but you can't really extract that much value. And one of the reasons that network effect persists is that it is totally costly to relocate yourself.