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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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From: GPS Info2/3/2019 5:08:13 PM
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elmatador

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  • Software loops replace the loops that people perform
  • Repetitive operations are being replaced by software more often
  • Displaced people will net a social safety net - more socialism
  • The technical staff (engineers) should be making more decisions<g>


June 4, 2017
Transcript <snip>: I get asked a lot about the state of capitalism and I think that for those members of society of a certain age we think of capitalism as being locked in an ideological battle with socialism perhaps or even communism.But we never really saw that capitalism might be defeated by its own child – technology. And I think that what we find is that even the most diehard free market economists usually save place for what they call market failure.
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