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The article traces tech’s rise from cloud in 2016 to today, showing software firms now rival entire economies in market cap. It then draws parallels to 19th-century railroads, explores AI’s potential to reshape corporate hierarchies, notes stablecoins shifting toward payments, and examines plunging trust in mass media among younger generations.
- The ten largest public companies by market cap now exceed the combined GDP of the G7 (excluding the US), achieved within roughly a decade of cloud computing's rise.
- Railroads once commanded up to 63% market share and forced the invention of modern corporate hierarchy; some argue AI could similarly flatten management structures today.
- Stripping out speculative and treasury flows, stablecoins generated $350–550 billion in genuine payment transactions last year, with consumer usage growing fast.
- Trust in mass media has collapsed from 72% in 1975 to 28% in 2025, with young Americans increasingly relying on social platforms instead.
TVs have dramatically decreased in price over the past 25 years, primarily due to advancements in liquid crystal display (LCD) technology and manufacturing efficiencies. Key factors include the scaling up of mother glass sheets, improved manufacturing processes, and higher yield rates, which have all contributed to the significant reduction in cost.
- LCD manufacturing shifted to ever-larger "mother glass" sheets, letting factories cut many more panels from each sheet and slashing per-unit cost.
- Manufacturing process improvements and higher yield rates (fewer defective panels per batch) drove costs down further.
- These combined efficiencies explain why TV prices have fallen dramatically over the past 25 years.