X @Nick Szabo

RT Gaurav Sharma (@Gaurav1105)The West is a “profession-protected economy,” not a market economy. The highest-cost sectors are shielded by legislation, licensing, guilds, and regulatory capture; not by technology.Wealth is not created by cheaper stuff, it’s created by cheaper constraints. The real bottlenecks are law, housing, healthcare, and education. Until AI collapses those costs, society won’t feel richer.AI breaks abundance. Regulation restores scarcity. ...