Could you imagine paying $10,000 for a TV in today's age?

And if that isn't bad enough, imagine it being only 5 to 16 inches.

Well, people in the late 1940s to 1950s didn't have to imagine. That's how much the first publicly available TVs cost, adjusted for inflation.

Fast forward to today, and the cost of a TV has deflated from $110 per inch in the 1950s to $1.24 per inch in the 2020s.

This is the deflationary power of innovation.

Rewind the clock to 3 years ago. I was in the market to hire a fractional CTO to build out a financial dashboard to offer to clients.

The price for the project: $8,000.

My ideas and ambitions exceeded far beyond my budget.

Today, that same project costs a $20 subscription.

A 39,900% deflationary value.

The point of all of this, for anyone with a creative mind and a willingness to learn, the barrier to entry for creating is almost zero.

Technology deflates the price of entry. But humans generate new ways of adding value.