A Quote by Piyush Goyal
A visionary leadership is required to harness rapid technological change for positive benefit rather than allowing to become disruptive and further exacerbate economic inequality.
Related Quotes
What we can say with confidence is that the technological revolution is worsening inequality, due mostly to mechanisms that limit free markets. It is also bringing about disruptive change that is intensifying insecurity and may indeed lead to large-scale labor displacement.
In a liberal democracy rapid, radical and fundamental economic change must benefit the many not the few, if it is to gain popular, long-term political support.
As economic globalization gathers momentum, China and the United States have become highly interdependent economically. Such economic relations would not enjoy sustained, rapid growth if they were not based on mutual benefit or if they failed to deliver great benefits to the United States.
Hillary is not an agent of change. Nor does she have any idea how to restore rapid economic growth. Instead, she is a prisoner of the Left. Tax the rich, inequality, redistribution.
We have [unfriendly policies] here in Europe, too. We have them here in Germany, too. And to take up where the president left off, digitization is in a way a disruptive force, a disruptive technological force that brings about deep-seated change, transformation of a society.
India can make rapid economic progress to become a developed country only through a globally competitive economy, which requires assured access to the markets and technological innovations of the United States and some of its allies such as Israel and Japan.
There's always new work to do. Adjusting to the rapid pace of technological change creates real challenges, seen most clearly in our polarized labor market and the threat that it poses to economic mobility. Rising to this challenge is not automatic. It's not costless. It's not easy. But it is feasible.
Almost no one as I think most leadership books are a joke. They are, as I note in Leadership BS, frequently based on wishes and hopes rather than reality, on inspiring stories rather than systematic social science, and on "oughts" rather than "is."
In most industries, technological change is happening at a rapid rate.
We live in a world defined by the rapid pace of technological change.
Empowering the individual means empowering the nation. And empowerment is best served through rapid economic growth with rapid social change.
Reasons to be positive. The economic downturn could be the catalyst for positive change. It should be translated into the wake-up call we need for a major change in aspirations and lifestyles to save humanity from the ecological and economic disaster that would otherwise result from continuing on the high carbon and resource depleting path we have been pursuing
If accessing the Internet becomes more difficult for low-income communities, academic and employment competition may be undermined, and could damage the prospects of upward mobility for low-income New Yorkers and further exacerbate income inequality.
The Fourth Industrial Revolution has the potential to empower individuals and communities, as it creates new opportunities for economic, social, and personal development. But it also could lead to the marginalization of some groups, exacerbate inequality, create new security risks, and undermine human relationships.
Around the world, climate change is an existential threat - but if we harness the opportunities inherent in addressing climate change, we can reap enormous economic benefits.
If we hope to stem the mass destruction that inevitably attends our economic system (and to alter the sense of entitlement - the sense of contempt, the hatred - on which it is based), fundamental historical, social, economic, and technological forces need to be pondered, understood, and redirected. Behavior won't change much without a fundamental change in consciousness. The question becomes: How do we change consciousness?
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