I came across a thought: "Bionomic Analysis of Predatory Exclusion of Technologies"in which economies are viewed as a tropical rainforest, populated by numerous highly specialized technologies instead of highly specialized organisms. The relative advantages of one technology over another determine the dominance of that technology in a manner similar to species survival patterns in nature. This similarity to natural selection of the acceptance, viability and life cycle of a product or a technology in a marketplace has been one of high importance to economic analysts for many years. Models of self-organizing economies fit well into the bionomics paradigm because they are deterministic and can therefore show which technologies can survive in which markets and to what extent.


The expectation is: development of new technologies is faster in markets with a high ratio of labor/capital costs than in markets with a low ratio. In some markets with low labor costs old technology may persist indefinitely.