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"A Swiss study appears to have uncovered what anti-capitalist activists have been claiming for years -- that the global economy is controlled by a small group of deeply interconnected entities. But don't grab a pitchfork and head to the nearest Occupy protest just yet. Systems researchers say this isn't the result of an Illuminati-type global conspiracy, but rather a natural force to be expected. "Such structures are common in nature," complex systems expert George Sudihara told NewScientist."

As a child I used to read my grandfather's Popular Science and Popular Mechanics magazines. The constant promise and inevitable disappointment of amazing technologies that mostly never materialized (a problem likely exacerbated by my focus on the amazing and outlandish ones) made me skeptical of futurist predictions. It is somewhat strange then, that I now commonly find myself a proponent of futurist visions equally as grand as those that once made me a cynic. But I'm not alone in seeing the near future as a quickly changing technological landscape. In their recent book Race Against The Machine: How the Digital Revolution is Accelerating Innovation, Driving Productivity, and Irreversibly Transforming Employment and the Economy, MIT's Erik Brynjolfsson and Andrew McAfee* offer a similarly sweeping view of how technology is, and will be, shaping our future

The primary role that productivity plays in the network economy is to disperse technologies. A technical advance cannot leverage future opportunities if it is hoarded by a few. Increased productivity lowers the cost of acquisition of knowledge, techniques, or artifacts, allowing more people to have them. When transistors were expensive they were rare, and thus the opportunities built upon them were rare. As the productivity curve kicked in, transistors eventually became so cheap and omnipresent that anyone could explore their opportunities. When ball bearings were dear, opportunities sired by them were dear. As communication becomes everywhere dirt cheap and ubiquitous, the opportunities it kindles will likewise become unlimited.

The goal of the workshop is to explore ways to become better providers and connectors of knowledge in a world where the sources of knowledge are increasingly diverse and dispersed. At the World Bank, for example, we are seeking ways to connect with new centers of research, emerging communities of practice, and tap the practical experience of development organizations and the policy makers in rapidly developing economies. Our goal is to find better ways to connect those that have the development knowledge with those that need it, when they need it.

For the first time, the international organization has set a date for the moment when the "Age of America" will end and the U.S. economy will be overtaken by that of China And it's a lot closer than you may think.

"The issue of wealth inequality across the United States is well known, but this video shows you the extent of that imbalance in dramatic and graphic fashion. The video, which started going viral on Friday and whose traffic continues to climb on YouTube - reflects the facts as seen from many different sources. We present it without comment, letting you, our readers, be the judge."