From a Times of India article whose abridged version is available here. The print edition article has something more. The title of the article in the print edition is also different: Future Funda
Skewed wealth distribution: “The richest 1% of all adults own 40% of all global assets. The richest 2% own 51% of all the assets in the world. And the richest 10% own 85%. The bottom half own barely 1% of the global assets.”
What about technology? What is the next big thing there? Frey feels that tomorrow’s cutting edge technology is most likely already there today. “For really revolutionary, cutting-edge technologies, the next big thing was invented 25 years ago. It takes long for people to adjust their lives and start using these revolutionary technologies,” he says. Look at the internet which was invented in 1969, 38 years ago. Or the cellphone which was invented in 1973. And ATM machines which were invented in 1939.
Skewed wealth distribution: “The richest 1% of all adults own 40% of all global assets. The richest 2% own 51% of all the assets in the world. And the richest 10% own 85%. The bottom half own barely 1% of the global assets.”
What about technology? What is the next big thing there? Frey feels that tomorrow’s cutting edge technology is most likely already there today. “For really revolutionary, cutting-edge technologies, the next big thing was invented 25 years ago. It takes long for people to adjust their lives and start using these revolutionary technologies,” he says. Look at the internet which was invented in 1969, 38 years ago. Or the cellphone which was invented in 1973. And ATM machines which were invented in 1939.
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