On the off chance that you missed it, let me encourage you to go read Matt’s post about our economic shift toward producing wealth that doesn’t generate revenue. This is a topic that fascinates me — I’ve poked at it before, but of course Matt’s take is considerably smarter and more rigorous than any conclusions I’ve ever reached. His perspective also happens to be cheerier than my own — I remain somewhat pessimistic about the ultimate economic consequences of these changes, even as I find myself looking forward to their effect on our society.
The good news, though, is that I don’t actually know anything about economics, so for now let’s all just assume that everything will be fine.
