This is something new, i have not heard of. I am sitting in a lecture of Prof Schuh, Production & Logistics Guru at the University of St. Gallen in Switzerland. He is saying the essential condition/breakthrough for the industrial revolution was the capability of measuring small tolerances which lead to standardization.
This is a keen insight. Not only is standardization/ norms a condition of econonomic growth but also for entrepreneurships.
As entrepreneur we tend to be visionary, which is definitely fundamental. However, we need to be able to measure the smallest tolerances.
Second insight: All industrial revolutions (other then efficiency, productivity and standardization leaps) have one thing in common:
They all started central but ended up decentrally.
This is in line what Khosla said. What matters is relevant scale in a distributed fashion.
