A Quote by Bruce Tulgan
We are living through the most profound changes in the economy since the Industrial Revolution. Technology, globalization, and the accelerating pace of change have yielded chaotic markets, fierce competition, and unpredictable staff requirements.
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All the big revolutions, whether it's the Industrial Revolution, the Arab Spring, those changes happened by economic and social shifts brought about by the people's voices, and those things weren't voted for. Most of our changes today are brought about through technology, not by voting.
Instead of having a set of policies that are equipping people for the globalization of the economy, we have policies that are accelerating the most destructive trends of the global economy.
Technology business increasingly becomes difficult to predict because technology itself is accelerating in change, and human nature and markets are more stagnant and static. But the dynamic engine of technological innovation continues unabated.
Technology is the future, I have seen the third industrial revolution, and we are in the midst of the fourth industrial revolution.
Masterpieces of art possess immense potential to advance a worldview that could help assuage the societal terrors posed by globalization, the most thoroughgoing socioeconomic upheaval since the Industrial Revolution, which has set off a pandemic of retrogressive nationalism, regional separatism, and religious extremism.
The reason that we are becoming less equal is because of the greater requirements, secure requirements, for a good job. This goes back to the '80s basically, this started changing as globalization and the IT revolution merged, and each started to drive the other.
I think Obama and the economists around him have a very sophisticated understanding of both globalization and the technology revolution and the impact they're having on the world economy and they way they're creating these winner-take-all spirals.
We needed overtime laws, we needed unionization, we needed to figure out how to distribute the Industrial Revolution's gains with equity, and we're going through something similar with the technology revolution.
70 to 80 percent of country economy is controlled by the Bolivian state, and the other percentage by the private sector. We admit that it's legal, constitutional, that the private sector is entitled to its own economy, but to ensure these profound changes that clearly this government is promoting, including profound changes in the food industry, what we are doing is an important step.
We're living through the second Industrial Revolution.
There is no question that automation is - and has been since the start of the Industrial Revolution - displacing workers and creating disruption within the economy and labor market.
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 single most significant change has been the globalization of labor markets. Product markets - trade in goods - have been globalizing for years. But now, with the reduction in communication expenses and the building of all sorts of IT infrastructure, essentially any job can be done almost anywhere.
There is more uncertainty than usual about job futures because computers are replacing more and more human intelligence, and globalization is proceeding at an accelerating pace.
I just think we're living in a time of massive, amazing change, like the Industrial Revolution on acid.
To change our national economic story from one of financial speculation to one of future growth, we need a third industrial revolution: a green revolution. It will transform our economy as surely as the shift from iron to steel, from steam to oil. It will lead us toward a low-carbon future, with cleaner energy and greener growth. With an economy that is built to last - on more sustainable, more stable foundations
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