Another formulation is that technology augments the impact that a single individual can have. The productivity gains allowed by silicon are the greatest single economic advance in human history. Businesses become increasingly more productive to the degree that they are founded on, or can reorganize themselves to be in alignment with, this trajectory.

I say this while sipping my morning coffee, browsing HN and waiting for an amount of computation to finish on a single machine that required either a supercomputer or multi-million dollar cluster 20 years ago.