Certainly manufacturing and transporting these types of resources has grown more efficient thanks to ever-improving hardware and software, but we are about to enter an era in which goods like food and clothing are not simply being made more economical by information technology, but are themselves actually becoming information technologies—as resource and production costs fall as a result of automation and artificial intelligence taking on dominant roles in production.[210] Such goods will, therefore, be subject to the same high deflation rates that we see for other information technologies.
