A Quote by Branko Milanovic
When the industrial revolution happened there was the Luddistic movement, and there was a fear that machinery would replace all the labor. Whenever we had a technological revolution we had this fear. So if you look backwards, these fears were not justified, and I think they were driven by our very human inability to visualize what new jobs will be created by this new technology.
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I don't. We've had three technological revolutions that have changed the course of human history, all driven by physics. In the first, the industrial revolution, physicists developed Newtonian mechanics and thermodynamics, which gave us the steam engine and machine power. The second technological revolution was the electricity revolution. That gave us radio, television, and telecommunications. Then, physicists developed the laser and the transistor.
Because I had visited Silicon Valley, I recognized the microprocessor was going to lead the second industrial revolution. We Chinese could not miss that opportunity again - we missed the first industrial revolution already. We put our effort into trying to bring this new technology from the United States to Taiwan. That was the begining of Acer.
The industrial revolution in the new century is, in essence, a scientific and technological revolution, and breaking through the cutting edge is a shortcut to the building of an economic giant.
There might be new technology, but technological progress itself was nothing new - and over the years it had not destroyed jobs, but created them.
There were people in Cuba who truly had substantial things to gain from revolution. There were people who had things to lose in the revolution. I think they're all allowed to have their memories of what happened.
New directions in science are launched by new tools much more often than by new concepts. The effect of a concept-driven revolution is to explain old things in new ways. The effect of a tool-driven revolution is to discover new things that have to be explained.
Whatever the country, capitalist or socialist, man was everywhere crushed by technology, made a stranger to his own work, imprisoned, forced into stupidity. The evil all arose from the fact that he had increased his needs rather than limited them; . . . As long as fresh needs continued to be created, so new frustrations would come into being. When had the decline begun? The day knowledge was preferred to wisdom and mere usefulness to beauty. . . . Only a moral revolution - not a social or political revolution - only a moral revolution would lead man back to his lost truth.
I absolutely believe that we are on the cusp of not just a technological revolution, but a productivity revolution. It will bring benefits for people everywhere, make our planet more sustainable, and provide new opportunities for businesses of all kinds.
The over-all point is that new technology will not necessarily replace old technology, but it will date it. By definition. Eventually, it will replace it. But it's like people who had black-and-white TVs when color came out. They eventually decided whether or not the new technology was worth the investment.
Mankind had the agricultural revolution, the industrial revolution, and now this third one, the information revolution.
We were told that all this new high technology, all these new high-tech jobs that we were going to be creating here in the United States of America would stay here, so our people would benefit with the jobs and health care and everything else.
She had just realized there were two things that prevent us from achieving our dreams: believing them to be impossible or seeing those dreams made possible by some sudden turn of the wheel of fortune, when you least expected it. For at that moment, all our fears suddenly surface: the fear of setting off along a road heading who knows where, the fear of a life full of new challenges, the fear of losing forever everything that is familiar.
I think if we, say, if all of the major leaders in this struggle [for human's rights] were at, at war with each other, then I think it would be very difficult to make this social revolution the kind of powerful revolution that it's proved to be.
We humans have always been resilient. With each industrial revolution, we have adapted, creating new jobs with new technologies.
So far as Chairman Mao's own hopes were concerned, he initiated the "Cultural Revolution" in order to avert the restoration of capitalism, but he had made an erroneous assessment of China's actual situation. In the first place, the targets of the revolution were wrongly defined, which led to the effort to ferret out "capitalist roaders in power in the Party". Blows were dealt at leading cadres at all levels who had made contributions to the revolution and had practical experience, including Comrade Liu Shaoqi.
The sustainability revolution will, hopefully, be the third major social and economic turning point in human history, following the Neolithic Revolution - moving from hunter-gathering to farming - and the Industrial Revolution
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