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Strategies & Market Trends : The Millennium Crash
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To: Dan B. who wrote (5250)6/8/2000 11:56:00 PM
From: onurbius  Read Replies (2) of 5676
 
<Unmeasured in productivity data that ignores new products, the creativity unleashed by the net is best revealed by the efflorescence of scores of thousands of amazing new technology companies and the enrichment of stock market values in the face of a hostile Federal Reserve that does not comprehend the new economy any more than you do.>

Right. The new economy which, for one thing, if left to it's own devices, through the ascendency of AI (artificial intelligence) AND the bio-engineering phenomenon, may well put millions of people out of work, unless they are subservient workers within the technological infrastructure itself - subservient to the machines and software, that is. The major philosophical questions here go way beyond the gee whiz efflorescence of dotcoms, bandwidth and fiberoptics; there are sea change sociopsychopolitical events underway in the face of a starry eyed visionary like George Gilder who does not comprehend the true implications of the inexorable technological future any more than you do.
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