My understanding: Think of compute (practically: GPUs) massively spiking in price because a valuable alternative use was found: crypto mining. Now imagine what happens to compute costs when something that actually impacts the global economy involving compute is discovered, say something that boosts productivity growth from 2% to 5% (!). Now extend this to more areas besides just raw compute, starting with complements of compute and branching out from there.
My understanding: Think of compute (practically: GPUs) massively spiking in price because a valuable alternative use was found: crypto mining. Now imagine what happens to compute costs when something that actually impacts the global economy involving compute is discovered, say something that boosts productivity growth from 2% to 5% (!). Now extend this to more areas besides just raw compute, starting with complements of compute and branching out from there.