Scarcity: The Things That Are Hard to Replace Are the Most Valuable

Today, a single acre of land in a big city is worth tens of millions, while in the countryside it's only worth tens of thousands.

It's not urbanization that makes land valuable; it's the constrained, bottlenecked portion of land that has become more valuable.

When there's overproduction, production isn't the focus—sales are. What sells becomes wealth; what doesn't sell is just inventory, a cost.

Now, cost is no longer the bottleneck. Users' time is. Most people can't afford that time. So when software is so cheap you can't be bothered to lift your precious eyelids, an AI assistant steps in to handle everything for you.