02-19-2022, 11:21 AM
(02-19-2022, 09:43 AM)JasonBlack Wrote: Market forces work in all kinds of scenarios (think of how expensive your current PC was compared to the one before that, and the one before that...and the one before that). The ideal, unreal conditions you described are what is required for them to function sans any regulation.
That's an atypical example of tech change. Tech has been driven by the ability to cram more performance in less space and produce it for less money -- as predicted by George Moore (Moore's Law) in 1965. That's not much a universal answer.
Show me a similar example in housing or any part of the food chain. Then consider the obvious: necessary products in the marketplace are under near total dominance by monopolies: energy, food, healthcare (especially pharmaceuticals) and even things as trivial as shopping. For example, who challenges Amazon?
Market forces only work when there is a legitimate market, and few exist today. The one you cited: PCs, is a great example. How many companies produce PCs today, in comparison to 20 years ago? How many produce operating systems and compatible software? And cellphones are an even more extreme example. If you want iOS, it's Apple or nothing. And there are really only two operating systems and app stores to choose from.
Intelligence is not knowledge and knowledge is not wisdom, but they all play well together.