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According to the Baumol-Tobin square-root formula, money demand for transactions
Technopoly
A society that highly values and depends on technology, often prioritizing technological advancement over other social values.
Normal Accidents
A concept in the sociology of large technological systems that predicts that accidents are inevitable in complex systems due to their intricacies and the interdependence of their components.
High Tech
Industries or companies involved in developing and producing advanced technology products or services.
Big Tech
Large, dominant technology companies, often cited as having considerable market power and influence over the economy, society, and politics.
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