Almost nobody appreciates how expensive clothes used to be, even as “late” as 200 years ago. A shirt was once thousands of hours of labor; scarcity logic flows directly from that. The shirt you can buy at Walmart for ~$2 is a superior artifact along most product dimensions.https://twitter.com/morganhousel/status/1260287299213864960 …
For customers: better food cheaper and it comes to you. For capital: higher margins and lower capex per unit produced than currently seem plausible, and great economies of scale in places we think we’re tapped out on scale. (Restaurants.)
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economies of scale in food production look like langar and the cost to the end consumer is $0 but it seems like people often prefer to have a more elaborate fresh-cooked meal that is less amenable to mass productionpic.twitter.com/2G9zUOI2nd
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and everyone is presently being forced to upskill at stocking their pantries & developing a repertoire of recipes to their liking
End of conversation
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