> This could be said of any technology or financial instrument.

How so? Computers haven't been prohibitively expensive since what, the 80s? Anyone with access to one could teach themselves to program and make money through free resources (well, you needed to pay an ISP, of course). I did just this back in early web days and wealthy people would to give me their money in exchange for my skills with technology. What am I missing here?

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Supermancho 6 hours ago | parent [-]

> How so? Computers haven't been prohibitively expensive since what, the 80s?

Initially they weren't, which is where we are in terms of a maturity model. Most technological improvements are initially prohibitively expensive to obtain (even if they are cheap to make) because of Jevon's Paradox. This is my personal understanding, which may or may not resonate with others.

	▲	shimman 5 hours ago \| parent [-]
		FYI there is no academic rigor to "Jevon's Paradox" and makes a lot of wrong assumptions but it's cute when a billionaire finds a new term to use to excuse their poor behavior.