Niches Allow for Scaling

Comparative advantage, doing what you do best and trading for the rest, is a major benefactor of the new economy. Given the ability for people, and softwares, to focus on certain niches, makes each aspect of the economy better off. Instead of having companies focused on general problems, companies can focus on solving one solution. And, since everything is interconnected, companies can combine their solutions into multiple solutions depending on a problem.

With more and more companies focusing on solving specific problems, more efficient solutions will end up winning out. Thus, the world will become more efficient through competition. By allowing for comparative advantage to take place in every industry, we are building a more efficient place to live. The technology revolution allows for us to gain from what was once a trade-off of labors.