What You Need To Know About Deflation | Bridger

Always talking about inflation, right? Very few of us are talking about deflation. And a great example is self-driving trucks. If you have a self-driving truck that you don't need a driver, it can drive 24/7. And let's say gas costs, et cetera, go down. All of a sudden, I can ship a good from me to you in a faster, cheaper, shorter time. In a competitive market, what happens? The price of shipping goes down. It's deflationary. Technology by nature is deflationary. Another example, virtual reality. Let's say VR headsets are getting so good that we come out And instead of traveling to Disneyland, we just put on a VR headset and we have a pretty similar experience. All of a sudden, I don't need to buy a plane ticket, a hotel, travel, all those costs that go into an economy. All of a sudden, I don't have to spend that anymore. Deflationary. Way back in 1973, they said that the computing power will double every 18 months. Computing power has doubled every 18 months since then. It's right on pace. And actually, we're looking like we're going to get ahead of schedule soon. The amount of deflation associated with AI and emerging technology is unprecedented.