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24/ I once pitched feature on last-mile to a mag; editor rejected it as too esoteric :D But if you get tech, it's where ALL action is
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25/ With VR, NFC, payments... It's not even the last block or last yard by your doorstep, it's the last inch from your face wherever you are
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26/ General topological theory why this happens. A more informationally powerful tech induces a higher resolution network structure
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27/ Resolution "delta" (tens of miles for trains/planes, miles for cars, blocks for foot/electricity, inches for wireless) extends network
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28/ Network core can be defined as the "low res" backbonet where economics allow aggregation leverage, and low transaction costs for $ flow
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29/ Every tech stops being organized by econ, starts being organized by social norms at its transaction resolution limit, set by tx costs
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30/ So sociologically, the last mile/block/inch is where the market stops and priceless values etc. start to kick in.
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31/ When large scale disruption happens due to a major tech like s/w, social-norms space gets systematically pushed back by market space.
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32/ Physics: this is tendency towards "plenty of room at the bottom" (Feynman). As market occupies that room, sociology yields to economics
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34/ But if you think this is almost over, think again. It's just beginning. The next place to get gentrified? Inches away from your nose.
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