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Technology Stocks : Investing in Exponential Growth

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From: Paul H. Christiansen	7/28/2016 9:57:07 AM
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Bill Gates Says We're on the Verge of These 3 Amazing Technological Advances Although Bill Gates praises the book as “engaging,” and says that Gordon does a “phenomenal job illustrating just how different life was in 1870 than it was in 1970,” Gates ultimately and vehemently disagrees with the central conclusion of the book. Gordon argues that the digital revolution that began in the 1970s and was largely incorporated into the American economy by the 1990s only affected a small section of the economy, namely the world of entertainment and communication. Gates disagrees, writing: The digital revolution affects the very mechanism of the marketplace. How buyers and sellers find each other, how we amass information, how we can create models to simulate things before building them, how scientists collaborate across continents, how we learn new things—all of this has changed dramatically thanks to digital innovation. And Gates believes that these changes will help power some pretty amazing technological advances that will help create economic growth and improve the human race in years to come. fortune.com

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