Flutterby™! : The old world of tech is dying

The old world of tech is dying

2026-05-15 23:35:00.796355+02 by Dan Lyke 0 comments

Baldur Bjarnason: The old world of tech is dying and the new cannot be born

If you have two economies of equal size and productivity, one has a massive financial sector and billionaires while the other does not, the financialised economy will have less left over to invest in research, education, infrastructure, and healthcare. Over time, it will inevitably fall behind the country with a smaller financial sector because it’s the other things that drive the economy and productivity, not stock market growth.

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