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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33/ Transient is ugly because you're shifting regimes, converting social capital into financial capital, hurting social-capital-rich types
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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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35/ You know how they say, "your freedom of action ends where my nose begins"... about to get pretty literal.
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36/ Overall though, you never *were* that free too far from your face. You're just substituting market for tyranny of neighbors' norms for
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37/ I might turn this into breakingsmart newsletter issue.... Someone ( ?) write a book called "The Last Inch" pls
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