The percentage of the economy that is comprised of technology is growing. This provides a lot of deflationary pressure of the long-term. This is only going to increase as the percentage of the economy under this realm expands.
In this video I discuss how we are pushing towards 10% of the US economy under I.T. This has a bigger impact when we consider the tentacles of computerization on areas such as energy and healthcare.
▶️ 3Speak
