Tim Barden
Jul 31, 2021

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Excellent!

The unfortunate problem we face is the likelihood that economists and politicians won't anticipate the disruptive impact of technology in time to prevent wholesale socioeconomics upheaval. Both the left and the right still haven't grasped that when technology substitutes for human labour, the supply/demand curve of labour no longer functions as a dynamic feedback loop for the economy.

It's not entirely unexpected. If you're older than about 40 your frame of reference for the pace of change comes from the 1970's and 1980's. Still a pretty linear pace. But, years of Moore's Law later, the pace is hundreds of times faster.

People growing up today have a different perspective on how fast things are moving and how quickly society needs to change to adapt. As this author has clearly demonstrated in this essay.

Keep banging the drum please!

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Tim Barden

Independent. Heterodox. Passionate about the arts, society and technology. IT Professional turned Arts Professional.