kondratiev waves are real
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I like Carlota Perez's reformulation better. Under her framework we would be in the deployment phase which tends to be the "golden era" of the wave. When everyone has a car is when society is really transformed in the auto phase: suburbs, malls, mcdonald's, walmart->Bad Wavepic.twitter.com/71T6MRk9ft
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Everyone finally got a computer... iPhone in US. The transformational aspect of it has not fully been deployed: SAAS, streaming, etc. User-friendly stuff, not blockchain or bs AI schemes.
End of conversation
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