Economic opportunities for our avatars | Social Mobility in the Digital Age | L'Atelier
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Economic opportunities for our avatars | Social Mobility in the Digital Age | L'Atelier
As explained by Carlota Perez, each techno-economic paradigm involves a new understanding of the current means of production and consumption. In turn, it imposes a new way of life and thus calls for new institutions. Only with a new “socio-institutional framework”[72] in line with the new age can society enter a period marked by the redistribution
... See moreNicolas Colin • Hedge: A Greater Safety Net for the Entrepreneurial Age
The most obvious benefits will flow to the “cognitive elite,” who will increasingly operate outside political boundaries. They are already equally at home in Frankfurt, London, New York, Buenos Aires, Los Angeles, Tokyo, and Hong Kong. Incomes will become more unequal within jurisdictions and more equal between them.
James Dale Davidson, Lord William Rees-Mogg • The Sovereign Individual: Mastering the Transition to the Information Age
Most importantly, virtual worlds will level the playing field. We’re living through unprecedented income inequality, with global wealth concentrated at the top. In the analog world, talent is equally distributed but opportunity is not. In virtual worlds, everyone will have equal access to opportunity: all a participant needs is Internet access. Vir... See more
Rex Woodbury • Virtual Worlds and Virtual Economies
the United States has roughly doubled its share of national income between 1980 and 2016. By 2017, the top 1 percent of Americans possessed almost twice as much wealth as the bottom 90 percent combined. While the most recent GPT proliferated across the economy, real wages for the median of Americans have remained flat for over thirty years, and the
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