In this information era, many things have become cheaper and almost free. Access to movies, music, books, magazines, articles, information have become cheaper. Publishing and distribution of all the above have become free.
Voice calls and data are getting cheaper by the day. Remember the "telegram" days when we paid for each word to be sent. Now sending even video is free.
Mails are free. Storage for our documents are free. Creating tools like photo editor, video editor, drawing tools, music creators, blog tools etc, are free.
Today we have 3D printer in which molten plastic is used to mould objects of our choice. Plastic comb, footwear and a pet house have already been fabricated.
Experts forecast: In future we will have what is called "molecular assembler" controlled by a computer. It can fabricate food, drugs, cloths, tools etc., in your home itself. You can get anything on demand and further they will be cheaper. So we may move into the future of abundance and scarce free age.
Our economy is based on scarcity. It is driven by demand and supply. This scarce free era will have a great impact on economy. The meaning of money will attain in new dimensions.
Few years back, we paid thousands for new telephone connections and hundreds for the calls. To day they are almost free. We are now buying medicines for thousands. Tomorrow we may make our own medicines in our homes using cheap basic raw materials.
We do not know what the future has in store. Hence we should always be humble.
"Time, tide and change will wait for no man".
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