Thoughts from the Frontline: The Age of Transformation

“It’s not too much of a stretch to say that we’re in a race between how much wealth and value and improvement in lifestyles human ingenuity can create versus how much destruction of wealth and lifestyles governments can destroy.  It is a tendency of ours to take our recent past and project it in a linear fashion into the future.  And while we all acknowledge that change is happening faster today than it did 20 or 30 years ago, we really don’t expect the pace of change to quicken in the future. The next 20 years, we figure, will more or less unfold as the last 20 years has. Not a chance. That assumption is missing the second derivative of change – the acceleration of the pace of change.”

http://www.mauldineconomics.com/editorial/thoughts-from-the-frontline-the-age-of-transformation

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