asymptotically-free

Updated: May 28, 2025

Demand always initially exceeds supply. Internet backbone capacity, software programmers, servers are all scarce to start with in the old economy sense. This scarcity accounts for the stratospheric erstwhile valuations of dotcoms and telecoms. Stock prices were driven by projected ever-growing demand and not by projected ever-growing supply of asymptotically-free goods and services.

Samuel Vaknin - Capitalistic Musings