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Non-Tech : Kirk's Market Thoughts
COHR 163.44+5.8%10:08 AM EST

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To: Chip McVickar who wrote (2194)10/29/2014 5:23:38 PM
From: Jerome1 Recommendation

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Gottfried

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Hey Chip. sometimes you have to excuse the authors for their intellectual rubbish they publish as insightful knowledge.

The first two industrial revolutions inflicted plenty of pain but ultimately benefited everyone. The digital one may prove far more divisive, argues Ryan Avent
The digital revolution he is spouting off about is of minimal importance to a very small percentage of the world's population.

About 2/3's of the worlds population lives without electricity or clean water. The digital revolution has no meaning for them.

Now Kirk did say they he could watch a movie on an airplane to the far east.....thats nice ....but hardly...a life changing event. Concerning movies and Netflix......
All media exist to invest our lives with artificial perceptions and arbitrary values.Marshall McLuhan
Now McLuhan said this sixty years ago, and he never saw a 3G or 4G phone

Now the new processors invented by Intel are marvels of engineering and manufacturing, but not lifestyle impacting the way the first and second industrial revolution were.

Improvement in lifestyle and longevity are related to the availability of clean water. Numerous studies have shown that the closer people live to clean water availability...the longer their life span.

From the initial quote on this post....
inflicted plenty of pain but ultimately benefited everyone.
The benefits were to those in industrial countries.....the rest of the world's population got left behind.

I'm always surprised when some author spouts off about some trivial change in digital communications and calls it a seminal event in human history.

But in these matters opinion vary......
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