Only Billionaires Can Afford Techno-Optimism

francine hardaway
3 min readDec 16, 2023

I have just read the third or fourth article saying that technology is going to provide an abundance of everything and we’re all going to be absolutely thrilled. We are post-scarcity according to these writers, and into the era where people can stop working and unleash their creativity. As the economy cools, these articles are accelerating. The first one I noticed was a New York Times opinion piece I read in 2019. Their writers, mostly billionaires, are coming from something called the Techno-optimist movement.

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francine hardaway

Co-founder, Stealthmode Partners, helping entrepreneurs succeed