Is the Declining Cost of Distance The Next Megatrend?
Small Business Labs
JUNE 28, 2016
Bain's Spatial Economics: The Declining Cost of Distance suggests that an array of new technologies "have pushed the cost of distance to the tipping point" - and will lead to major changes in business and society in the near future. Key quote on what Bain describes as a "historic shift": Over the next two decades, the cost of distance will decline sharply, according to Bain research, altering the way we live and work—faster than most people expect and more broadly than
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