Good point. Air-conditioning was to 20th Century productivity improvements what Quinine was to 19th Century productivity improvements.
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I can certainly attest to that. Was in Singapore this May and boy it was hot and humid. It was much worse than last November. Without AC you can’t live there and be productive. This screenshot was taken at 5 AM in the morning. 85% humidity and feels like 90 degreespic.twitter.com/deCCv5QpTs
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exactly. and it applies for all frontier markets close to the equator.
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There's some good research out there on the economic impact of air conditioning that is pretty incredible when you start to think how it truly transformed a variety of regions and industries. e.g.: https://core.ac.uk/download/pdf/6852814.pdf …
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