Quote by: Nathan Myhrvold

Regardless of how it's done, transaction costs will continue to plummet as computers get more powerful. Low transaction costs are a wonderful thing if you're in the transaction business. They're wonderful for consumers too, making it cheaper and easier to buy things and creating new things to buy.


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Author Bio


  • NameNathan Myhrvold
  • DescriptionChief Technology Officer at Microsoft
  • BornAugust 3, 1959
  • CountryUnited States Of America
  • ProfessionMathematician; Engineer; Photographer; Entrepreneur