Why the Old Order Crumbles - 0 views
-
This is all well and good, but what happens when the situation changes? Say you suddenly have a widely applicable technology that is halving in price and doubling in power every 18 months and continues to do so for decades. There will be ramifications to this that the existing institutions will not be prepared to take full advantage of.
-
Walk with me through the following thought experiment: you have a society that faces the same situation for five hundred years. There are no disruptions through war or political uprising, technology does not improve, and the environment remains, for the most part, the same.
-
We are still living in the very early days of the coupling of the microchip revolution with the internet revolution.