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Tracy Alloway — Understanding Financial Crises (EP.104)
Infinite Loops
What's the Future of Technology?
i just love this new stuff because i see a ton of development down the line. In terms of how this stuff can develop, it's like in 19 hundred america had 200 car makers. And as jamies pointed out in his investor amnesa series, many of them were electric cars that didn't catch yoon. The idea that during early stages of innovation, if you study it, and i have, man, what you see is like the railroads, the frenzy of people willing to build railroads. I realize that that is the derivation something is a full blown catastrophe.
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