I defined depression, the restructuring that extends the length of the curve, frequent to rare, the old six sigma event. Mostly driven by the effect of information technology on transportation; the sudden appearance of the former catches the latter off guard.
Is that bad?
No, I thought, great, lets do the Vee. I simply reasoned that the effect of tech on transportation would be to simply deploy bots on surface roads, easy. Not like the GD, where broadcast technology demanded freeways, almost overnight. So a technical depression is not bad. Even in the GD, once the word got out, folks settled in to road building and we moved on. Depressions are not bad things, something else are bad things.
What is that something else?
That is the 30 year question. This thing that is bad has been slowly depressing our potential for 30 years.
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