Symphony of Techno-Pessimism

February 7, 2024 08:30 am

Free markets are essential for technological progress, functioning as discovery machines that drive innovation through competition and discipline. Imposing bans disrupts this natural process, stifling the potential for individual prosperity and collective advancement.

In the 21st century, we bear witness to the ascent of the Creative Economy and Crypto Economy as potent forces, sculpting the contours of our economic terrain. The Creative Industries market presently commands a valuation of USD 2.7 trillion, with projections pointing to a climb to USD 3.4 trillion by 2031. Simultaneously, the aggregate market capitalization of cryptocurrencies has surged to an impressive $1.66 trillion by the culmination of 2023.