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The portion of a manufactured product’s cost attributable to the information processes used in its creation varies from one category of product to another but is increasing across the board, rapidly approaching 100 percent. By the late 2020s the value of virtually all products—clothes, food, energy, and of course electronics—will be almost entirely in their information. As is the case today, proprietary and open-source versions of every type of product and service will coexist.
The Singularity is Near
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