“The greatest innovation of the last generation has been the destruction of information barriers that used to keep strangers isolated from one another…—Morgan Housel, “Three Big Things: The Most Important Forces Shaping the World.” CollaborativeFund.com. October 4, 2019.
…What’s happened over the last 20 years – and especially the last 10 – has no historical precedent. The telephone eliminated the information gap between you and a distant relative, but the internet has closed the gap between you and literally every stranger in the world.”
Obvious, but sometimes stating the obvious and looking at data and likely implications is a useful exercise.