Saturday, March 28, 2020

Opportunities arising................


     Every time a technology goes exponential, we find an internet-sized opportunity tucked inside.  Think about the internet itself.  While it seemingly decimated industries—music, media, retail, travel, and taxis—a study by McKinsey Global Research found that the net created 2.6 new jobs for each one it extinguished.
     Over the next decade, we'll see these kinds of opportunities arise in dozens of industries.  As a result, if the internet is our benchmark, more wealth could be created over the next ten years than was over the previous century.

-Peter H. Diamandis and Steven Kotler,  The Future Is Faster Than You Think:  How Converging Technologies Are Transforming Business, Industries, and Our Lives

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