The cofounder of venture capital giant Andreessen Horowitz laid out his thoughts in his newsletter this weekend. BY STEVE MOLLMAN March 05, 2023 12:44 PM EST
“The prices of education, health care, and housing as well as anything provided or controlled by the government are going to the moon, even as those sectors are technologically stagnant,” he notes.
“What’s more, very little is being done to address this problem, he writes: “We are heading into a world where a flat-screen TV that covers your entire wall costs $100, and a four-year college degree costs $1 million, and nobody has anything even resembling a proposal on how to systemically fix this.”
“Over time, he adds, the prices of regulated, non-technological products rise, while the prices of less regulated, technologically powered products fall.”