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Under the new code, as geniuses used super technologies to drive our costs to fractions for nearly every need, we soon lived like millionaires. But how could everyone live like a millionaire? Wouldn't we experience hyperinflation or deflation or some kind of monetary crisis? I am not an expert on money and money supply. But understand that productive energy pouring into society increases the wealth of society. What I saw was like a miracle: Productive energy poured into society. In fact, in my Fourth Vision of the Neotech Era, tens of millions, up to one hundred million geniuses poured immense productive energy into society. That flood of productive energy lifted the wealth of society and standards of living to heights never even imagined before. Throughout this explosive wealth, private financial businesses and their geniuses tomorrow figured out the effective use of money, credit, safe transitions to other money supplies where necessary, the function of commodities, bartering arrangements, cybercash and so on. They took care of all such rising needs.
Moreover, businesses in the next era evolved beyond the division of labor that has served us well for the past century. To keep up in tomorrow's super rapidly advancing Neotech Era, businesses evolved into the more competitive division of essence: the essence of business is to build wealth. The division of essence broke businesses down into wealth-building jobs...i.e., miniature companies instead of today's boring routine ruts in which we stagnate. Tomorrow, we thrived on success as in-house entrepreneurs.
Now, imagine the implications of this job revolution that made working people essentially in-house entrepreneurs. Every day using their minds, those hundred-million entrepreneurs became more and more creative and eventually evolved into super entrepreneurs. Remember, productive energy determined the wealth of society. A hundred million super entrepreneurs poured energy and creativity into society, flooding society with wealth, lifting everyone's standard of living to unprecedented heights. Moreover, those super entrepreneurs, free to race ahead, teamed up with super technologies. The wealth of society went off the measuring charts.
Still, what about big-government regulations? Wouldn't we have chaos without them? We must need them! The people tomorrow finally realized the answer was: no, we did not -- not if we wanted rapid progress and large cuts in costs. For example, the medical industry was in big trouble as antibiotics lost their effectiveness, and we faced less and less protection against infectious diseases. Since the discovery of penicillin in 1928 and the thousand plus antibiotics since, bacteria steadily evolved through gradual mutations to more and more resist antibiotics. During the 20th century's last year, humans were literally in a race for their lives against stubborn drug-resistant infectious diseases, and our progress was slow in this race for our lives because of FDA regulations. And medical costs had become almost not affordable instead of dropping to fractions, again because of FDA regulations that were exorbitantly costly and that, furthermore, prevented rapidly advancing technological breakthroughs that would have driven down prices toward zero. Thus, speaking about results and costs, big-government regulations literally killed us. Virulent diseases, crime and poverty flourished as a result of big-government regulations, which caused us to sink knee-deep into the Catastrophic Era before being pulled out by the new code. In short, tomorrow the new code let the geniuses rise up and do to medicine, poverty, and crime what they did to the computers!
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