This piece paints a picture of long-term exuberant optimism where consumers enjoy far more for far less.
Four reasons behind this: Silicon Valley, small teams with more impact than large ones, incremental advancements instead of revolutionary ones, and rapid decline in cost of solutions.
I don’t know about Silicon Valley (knowing what it is today), but I see no better alternatives.
But he is right about this:
… software is perhaps the most imagination-expanding technology humans have invented since writing and money, and possibly more powerful than either.