Question
This week we are talking about technology/innovation, organizations, and society. If we are in a state of new technology start-ups, Unicorns, Facebook, zero lending rates,
This week we are talking about technology/innovation, organizations, and society. If we are in a state of new technology start-ups, Unicorns, Facebook, zero lending rates, and $60 plus trillion dollars of unfunded liability claims..... why are we experiencing low productivity numbers, declining wages, and slow growth in the US?
Is there a disparity betweenreal valueandmarginal utility? Is technologyproductivefor instance as we look at the dark side of the internet; pornography, illegal gambling, drugs, terrorism, etc? Is some technology likened to a "state of well-being" and real GDP growth like the combustion engine which changed our ability to drive and fly and transport goods and services?
What is wealth? Where does if come from?
If we make the assumption that real wealth requires using time, resources, and energy to create products.......................how does technology turn raw materials into "stuff."?
Does technology boost efficiencies versus productivity?
Can we innovate our way out? How do demographics play into this? What about global competition?
What are the moral and/or ethical dilemmas?
What are the far reaching ramifications for your generation?
How are you going to affect change?How does this tie into "men without work?"
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