The document summarizes key aspects of a potential US economy in 2040, including:
1) The US population will grow to over 400 million and remain one of the youngest among developed nations, with nearly 20% being immigrants.
2) 95% of economic activity will be concentrated in megaregions and megacities, with suburbs remaining populated but more dense.
3) Automation will replace many routine jobs while virtual and remote work increases, requiring life-long education to maintain skills in knowledge-based and specialized jobs.
4) While inequality may increase, opportunities exist to channel investment toward social goals if challenges around deficits, inequality, and environment change are addressed.
This PPT present some method by which a developing country can achieve a tag of Developed Nation.
To Download this presentation, go to freelootforstudents.blogspot.com
This PPT present some method by which a developing country can achieve a tag of Developed Nation.
To Download this presentation, go to freelootforstudents.blogspot.com
This slide deals with basic concepts and theories of Globalization and Development. The role of various international institutions in a development process.
Global Future Changes and Millennium ProjectJerome Glenn
Overview of global challenges, strategies, new technologies to improve the prospects for humanity from the Millennium Project and its annual State of the Future report
Giving Them an Edge? The Effects of Work Experience on the Employment Prospec...The Rockefeller Foundation
This brief summarizes the results of NCLR’s quantitative analysis of the marginal effects of work experience on the employment prospects of millennials. It focuses on Latino young men, offering an overview of the structural barriers, an investigation of whether and to what extent additional work experience gives millennials a competitive edge in today’s hypercompetitive labor market, and recommendations to ensure that they fully leverage their work to maximize their potential in the labor market. In particular, this brief will examine the labor market outcomes of Latinos, the youngest and fastest-growing segment of the American labor force.
Political Economy Of Information IndustrySuresh Kodoor
Political Economy of Information Industry - Suresh Kodoor
The transition from a manufacturing and product based economy, which primarily produces tangible goods, to an economy which is extensively 'knowledge-oriented' and dominated by information goods has been dramatic. The key drivers for the transition have been the globalization and the emergence of 'self-acting' transnational finance capital. Under the current system of economic organization, Information has seen increasingly being monopolized, sold and manipulated through restrictive legal regime with a single motive of furthering the profit for transnational corporations. The monopoly rights on the information acts as the key reason behind the ability of the Information technology companies to amass huge wealth and unreasonable profit. These companies are being evaluated in the 'speculative' market rather than based on the real assets helps them to project a highly inflated valuation in the stock market compared to traditional brick and mortar companies. Such speculative evolution and transactions with a disconnect from the real asset and economy leads to the formation of a parallel virtual economy which is vulnerable to the high instabilities and bubble formations.
Privatization is the Symptom, Not the CureTom Tresser
Tom Tresser is a Chicago-based educator and activist who is dedicated to championing creativity, fighting privatization and defending the commons. http://www.tresser.com. Hey, SlideShare users - over 2,00 views in one year?! Send me some love, a comment, some acknowledgement that you are using this material - tom@civiclab.us - thanks!
Prepared for the Chicago Federal Executive Board, this presentation assesses the nation's progress over the last 50 years and suggests a new framework for winning the "War on Poverty." Finding that welfare programs have significantly reduced absolute poverty but are inadequate to combat rapidly growing relative poverty, the presentation proposes a new market-based approach that leverages, rather than supplants, next economy markets to bring under-invested people and places back into the economic mainstream. The presentation concludes with principles for designing the federal government's role in this new effort.
Inclusive development considers whether development progress is sufficiently widespread for the majority of a population to benefit
The World Bank has a particular focus on the economic capabilities, freedoms and resilience of the bottom 40 per cent of the World’s population and the relatively poor in individual countries.
Per capita incomes can rise but simultaneously there can also be an increase in the scale of relative poverty
The inter-generational nature of development progress also needs to be considered – i.e. creating an environment fit for future generations.
One of the defining debates in development economics is the extent to which state intervention enables inclusive growth or whether a dynamic private sector offers greater potential for lifting development progress.
*DRAFT, NOT FINAL:
Peace is derived through predictability, when society can rely on knowing tomorrow will be at least as successful as yesterday, the incentive to dissent is low. Security, society,
politics, and economies are critical components to peace. This paper takes the perspective that economic stability is the most fundamental to maintaining stability in all other components. An increasingly important variable in the global economy is the Internet. Since the Internet is not owned by a single entity, rather it functions through a diverse network of computers, the evolution of Internet access must be handled thoughtfully in order to avoid deepening the digital divide. The evolution of electricity access is a strong parallel for business leader, policy makes, and consumers to reference because of how critical electricity and the Internet have become to economic activity, modern society and therefore critical to peace. The author finds that standardization, quality access, and abundant supply are critical to the ongoing successes of electrification efforts, and have the same opportunity for success in the effort to achieve universal Internet access.
Nessa palestra, a intenção é fazer uma descrição temporal da evolução do teste de software até chegarmos no conceito de Agile Testing.
Além disso, apresenta-se as características esperadas de um agile tester, bem como ferramentas e metodologias para o aprimoramento da Qualidade na entrega de produtos de software.
This slide deals with basic concepts and theories of Globalization and Development. The role of various international institutions in a development process.
Global Future Changes and Millennium ProjectJerome Glenn
Overview of global challenges, strategies, new technologies to improve the prospects for humanity from the Millennium Project and its annual State of the Future report
Giving Them an Edge? The Effects of Work Experience on the Employment Prospec...The Rockefeller Foundation
This brief summarizes the results of NCLR’s quantitative analysis of the marginal effects of work experience on the employment prospects of millennials. It focuses on Latino young men, offering an overview of the structural barriers, an investigation of whether and to what extent additional work experience gives millennials a competitive edge in today’s hypercompetitive labor market, and recommendations to ensure that they fully leverage their work to maximize their potential in the labor market. In particular, this brief will examine the labor market outcomes of Latinos, the youngest and fastest-growing segment of the American labor force.
Political Economy Of Information IndustrySuresh Kodoor
Political Economy of Information Industry - Suresh Kodoor
The transition from a manufacturing and product based economy, which primarily produces tangible goods, to an economy which is extensively 'knowledge-oriented' and dominated by information goods has been dramatic. The key drivers for the transition have been the globalization and the emergence of 'self-acting' transnational finance capital. Under the current system of economic organization, Information has seen increasingly being monopolized, sold and manipulated through restrictive legal regime with a single motive of furthering the profit for transnational corporations. The monopoly rights on the information acts as the key reason behind the ability of the Information technology companies to amass huge wealth and unreasonable profit. These companies are being evaluated in the 'speculative' market rather than based on the real assets helps them to project a highly inflated valuation in the stock market compared to traditional brick and mortar companies. Such speculative evolution and transactions with a disconnect from the real asset and economy leads to the formation of a parallel virtual economy which is vulnerable to the high instabilities and bubble formations.
Privatization is the Symptom, Not the CureTom Tresser
Tom Tresser is a Chicago-based educator and activist who is dedicated to championing creativity, fighting privatization and defending the commons. http://www.tresser.com. Hey, SlideShare users - over 2,00 views in one year?! Send me some love, a comment, some acknowledgement that you are using this material - tom@civiclab.us - thanks!
Prepared for the Chicago Federal Executive Board, this presentation assesses the nation's progress over the last 50 years and suggests a new framework for winning the "War on Poverty." Finding that welfare programs have significantly reduced absolute poverty but are inadequate to combat rapidly growing relative poverty, the presentation proposes a new market-based approach that leverages, rather than supplants, next economy markets to bring under-invested people and places back into the economic mainstream. The presentation concludes with principles for designing the federal government's role in this new effort.
Inclusive development considers whether development progress is sufficiently widespread for the majority of a population to benefit
The World Bank has a particular focus on the economic capabilities, freedoms and resilience of the bottom 40 per cent of the World’s population and the relatively poor in individual countries.
Per capita incomes can rise but simultaneously there can also be an increase in the scale of relative poverty
The inter-generational nature of development progress also needs to be considered – i.e. creating an environment fit for future generations.
One of the defining debates in development economics is the extent to which state intervention enables inclusive growth or whether a dynamic private sector offers greater potential for lifting development progress.
*DRAFT, NOT FINAL:
Peace is derived through predictability, when society can rely on knowing tomorrow will be at least as successful as yesterday, the incentive to dissent is low. Security, society,
politics, and economies are critical components to peace. This paper takes the perspective that economic stability is the most fundamental to maintaining stability in all other components. An increasingly important variable in the global economy is the Internet. Since the Internet is not owned by a single entity, rather it functions through a diverse network of computers, the evolution of Internet access must be handled thoughtfully in order to avoid deepening the digital divide. The evolution of electricity access is a strong parallel for business leader, policy makes, and consumers to reference because of how critical electricity and the Internet have become to economic activity, modern society and therefore critical to peace. The author finds that standardization, quality access, and abundant supply are critical to the ongoing successes of electrification efforts, and have the same opportunity for success in the effort to achieve universal Internet access.
Nessa palestra, a intenção é fazer uma descrição temporal da evolução do teste de software até chegarmos no conceito de Agile Testing.
Além disso, apresenta-se as características esperadas de um agile tester, bem como ferramentas e metodologias para o aprimoramento da Qualidade na entrega de produtos de software.
One of the core principles of the agile movement was to shift the focus of software development to creating more valuable software, sooner. It can be expected that the managing of software in an agile environment would put value at its heart; over old, industrial parameters like scope, budget, time. Informed management decisions to maximize value cannot be made without collecting evidence of it. Enter the need of evidence-based decision-making, which is a great start in bringing the Scrum Stance to the managerial domain, leading to a new management culture, Empirical Management.
Gunther Verheyen uses ‘Evidence-Based Management’ to go into an exploration of empirical management as the best fit for the age of agile.
Gunther is director of the Professional Series at Scrum.org and a partner of Ken Schwaber.
Micro-Interactions in a 2.0 World (v2)David Armano
“We live in a world where the little things really do matter. Each encounter no matter how brief is a micro interaction which makes a deposit or withdrawal from our rational and emotional subconscious. The sum of these interactions and encounters adds up to how we feel about a particular product, brand or service. Little things. Feelings. They influence our everyday behaviors more than we realize.”
Investing in public health improves health and well-being while reducing the economic burdens of illness and disability- an important return on investment (ROI) for all Americans.
Looking for ways to grow your email list? I've got 60!
Get ideas and strategies to capture new contacts, grow your list and take action to help move your business forward.
Having an interested and qualified list of contacts, that you can stay top of mind with, is vital to every business. Continuing to grow that list is just as important. In this webinar I will show you 60 easy ways to grow your contact list.
Here's what I will cover:
* Why someone should join your contact list and what's in it for them
* How to ask people to join your list "face-to-face"
* How to use social media to grow your list
* How to grow your list on your website or blog
* How to use print material to get people to sign up
* How to use events to help grow your list
* How to use incentives and giveaways to grow your list
Baidu travel kit is about opportunities and advantages for placing online advertisement in Baidu Travel section.
Baidu currently is the market leader for search engine in the world by having 66% of market share. Their market centralised in China, the country with the highest population in the world.
Particularly, this slide deck is intended to target blue-chip companies that is willing either to expand their service line or gain maximum online exposure in China.
Within this slide decks, you also will get informative data and thorough research about the demographic, market behaviour, potential and business opportunities.
Lecture slides in International Economics from a course at the University of the West of England, Bristol. Discusses recent and ongoing transformations of the world economy, including Ohmae's concept of the "Invisible Continent". Download available on the TRUE wiki for International Economics: http://economicsnetwork.ac.uk/international/lecturenotes
“Rebooting after the economic crash: IT, ET and America 3.0.”
Professor Jonathan Taplin , USC Annenberg School and ARNIC
The financial crisis will leave the next president with the task of rebuilding a shattered American economy. Professor Taplin will describe the potential roles of information technology and energy technology in America 3.0.
You Can Hack That: How to Use Hackathons to Solve Your Toughest ChallengesBooz Allen Hamilton
“Hackathon” has become a trendy word in today’s business vernacular, and for good reason. The word “hackathon” comes from both “hack” and “marathon.” If you think of a “hack” as a creative solution and “marathon” as a continuous, often competitive event, you’re at the heart of what a hackathon is about. Hackathons enable creative problem solving through an innovative and often competitive structure that engages stakeholders to come up with unconventional solutions to pressing challenges. Hackathons can be used to develop new processes, products, ways of thinking, or ways of engaging stakeholders and partners, with benefits ranging from solving tough problems to broader cultural and organizational improvements.
This playbook was designed to make hackathons accessible to everyone. That means not only can all kinds of organizations benefit from hackathons, but that all kinds of employees inside those groups—executives, project managers, designers, or engineers—should participate and can benefit, too. Use this playbook as a reference and allow the best practices we outline to guide you in designing a hackathon structure that works for you and enables your organization to achieve its desired outcomes. Give yourself anywhere from six weeks to a few months to plan your hackathon, depending on the components, approach, number of participants, and desired outcomes.
Contact Director Brian MacCarthy at MacCarthy_Brian2@bah.com for more information about Booz Allen’s hackathon offering.
Booz Allen's U.S. Commercial Leader and Executive Vice President, Bill Phelps, recently released his list of 10 Cyber Priorities for Boards of Directors. As we peer into how business, technology, regulatory, and cyber threat realities are evolving in the coming year, here is a reference guide for board members to use in validating their company's cybersecurity approach.
We looked at the data. Here’s a breakdown of some key statistics about the nation’s incoming presidents’ addresses, how long they spoke, how well, and more.
Our Military Spouse Forum built a roadmap to help you navigate your career between deployments, moves, and the unpredictable. Interested in how Booz Allen can help you navigate your career? Check out our opportunities at www.boozallen.com/careers
In August 2016, Booz Allen partnered with Market Connections to conduct a survey of National Security Leaders and the General Public to understand their perspectives on the current threats. Fifteen years after the September 11 attacks, we wanted to know what keeps them up at night today, and what they will be worried about in 15 years. This infographic provides the high-level results of our survey and we will be releasing a more detailed report later in the month of September – so stay tuned. #NationalSecurity2031
Booz Allen convened some of the smartest minds to explore making healthcare more accessible. This report shares the latest healthcare payment trends and what policy experts discovered when planning for different health reform scenarios.
An interactive workshop that guides you through the many relationships that exist in an agile team, with a business value emphasis. Team members gain empathy, discover expectations of others and the importance of these agile team relationships.
An immersive environment allows students to be completely “immersed” in a self-contained simulated or artificial environment while experiencing it as real. With immersive learning, you can show realistic visual and training environments to teach complex tasks and concepts.
Nuclear Promise: Reducing Cost While Improving PerformanceBooz Allen Hamilton
To remain competitive, nuclear operators must take aim at all addressable costs, ensuring maintenance is optimized, taking proactive steps to minimize unplanned outages and, where possible, reducing administrative and other overhead costs. There are multiple opportunities to reduce capital and operational spending, while improving safety and reliability.
General Motors and Lyft; Target and Walmart; Netflix and Amazon - we call these “frenemies”. A strange trend is emerging as unlikely partner companies join forces, and they’re transforming industries around the world. Understanding what's driving the frenemies trend, knowing what options best fit your needs, and making yourself an effective partner are all critical to success.
Threats to industrial control systems are on the rise. This briefing explores potential threats and vulnerabilities as well as what organizations can do to guard against them.
Booz Allen Hamilton and Market Connections: C4ISR Survey ReportBooz Allen Hamilton
Booz Allen Hamilton partnered with government market research firm Market Connections, Inc. to conduct the survey of military decision-makers. The research examined the main features of Integrated C4ISR through Enterprise Integration: engineering, operations and acquisition. Two-thirds of respondents (65 percent) agree agile incremental delivery of modular systems with integrated capabilities can enable rapid insertion of new technologies.
Modern C4ISR Integrates, Innovates and Secures Military NetworksBooz Allen Hamilton
A majority of the military believe Integrated C4ISR through Enterprise Integration would provide utility to their organization. Check out other key findings from our study in this infographic http://bit.ly/1OZOjG2
Agile and Open C4ISR Systems - Helping the Military Integrate, Innovate and S...Booz Allen Hamilton
Integrated C4ISR is a force multiplier that significantly improves situational awareness and decision making to give warfighters a decisive battlefield advantage. This advantage stems from Booz Allen Hamilton’s Enterprise Integration approach http://bit.ly/25nDBRg: bringing together three disciplines and their communities—engineering, operations, and acquisition.
Booz Allen Hamilton created the Field Guide to Data Science to help organizations and missions understand how to make use of data as a resource. The Second Edition of the Field Guide, updated with new features and content, delivers our latest insights in a fast-changing field. http://bit.ly/1O78U42
Monitoring Health for the SDGs - Global Health Statistics 2024 - WHOChristina Parmionova
The 2024 World Health Statistics edition reviews more than 50 health-related indicators from the Sustainable Development Goals and WHO’s Thirteenth General Programme of Work. It also highlights the findings from the Global health estimates 2021, notably the impact of the COVID-19 pandemic on life expectancy and healthy life expectancy.
Presentation by Jared Jageler, David Adler, Noelia Duchovny, and Evan Herrnstadt, analysts in CBO’s Microeconomic Studies and Health Analysis Divisions, at the Association of Environmental and Resource Economists Summer Conference.
Donate to charity during this holiday seasonSERUDS INDIA
For people who have money and are philanthropic, there are infinite opportunities to gift a needy person or child a Merry Christmas. Even if you are living on a shoestring budget, you will be surprised at how much you can do.
Donate Us
https://serudsindia.org/how-to-donate-to-charity-during-this-holiday-season/
#charityforchildren, #donateforchildren, #donateclothesforchildren, #donatebooksforchildren, #donatetoysforchildren, #sponsorforchildren, #sponsorclothesforchildren, #sponsorbooksforchildren, #sponsortoysforchildren, #seruds, #kurnool
Preliminary findings _OECD field visits to ten regions in the TSI EU mining r...OECDregions
Preliminary findings from OECD field visits for the project: Enhancing EU Mining Regional Ecosystems to Support the Green Transition and Secure Mineral Raw Materials Supply.
Jennifer Schaus and Associates hosts a complimentary webinar series on The FAR in 2024. Join the webinars on Wednesdays and Fridays at noon, eastern.
Recordings are on YouTube and the company website.
https://www.youtube.com/@jenniferschaus/videos
This session provides a comprehensive overview of the latest updates to the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (commonly known as the Uniform Guidance) outlined in the 2 CFR 200.
With a focus on the 2024 revisions issued by the Office of Management and Budget (OMB), participants will gain insight into the key changes affecting federal grant recipients. The session will delve into critical regulatory updates, providing attendees with the knowledge and tools necessary to navigate and comply with the evolving landscape of federal grant management.
Learning Objectives:
- Understand the rationale behind the 2024 updates to the Uniform Guidance outlined in 2 CFR 200, and their implications for federal grant recipients.
- Identify the key changes and revisions introduced by the Office of Management and Budget (OMB) in the 2024 edition of 2 CFR 200.
- Gain proficiency in applying the updated regulations to ensure compliance with federal grant requirements and avoid potential audit findings.
- Develop strategies for effectively implementing the new guidelines within the grant management processes of their respective organizations, fostering efficiency and accountability in federal grant administration.
Jennifer Schaus and Associates hosts a complimentary webinar series on The FAR in 2024. Join the webinars on Wednesdays and Fridays at noon, eastern.
Recordings are on YouTube and the company website.
https://www.youtube.com/@jenniferschaus/videos
Jennifer Schaus and Associates hosts a complimentary webinar series on The FAR in 2024. Join the webinars on Wednesdays and Fridays at noon, eastern.
Recordings are on YouTube and the company website.
https://www.youtube.com/@jenniferschaus/videos
PNRR MADRID GREENTECH FOR BROWN NETWORKS NETWORKS MUR_MUSA_TEBALDI.pdf
2014 Economy of US Infographic
1. Re-Imagined Infrastructure System
Global Change and The US Economic Position in the World
US 2040 Economy
Key features of the system and how
it will differ from the current system
• The world will continue on the path seen in the last 150 years where world wealth doubles every 15 years. Toward the end of the period, this may increase as
new technologies reach a tipping point and usher in dramatic social and economic change.
• The United States will grow on average at a rate of a little over 3 percent a year over the whole period—this is the approximate average growth in US GDP since
the 1870s.
• The United States will continue to have one of the highest standards of living (in terms of GDP per capita) of all major developed economies.
Overall Structure of the Economy
• The United States will continue to be a largely free-market economy; however, all industries and firms will face increasing competition and reduced margins.
• The public sector will be characterized by increasing privatization, public–private partnerships, and market-priced provision of services.
• Subsidies for major public products and services will disappear and be replaced by market pricing systems.
Market Size and Available Workforce
• The United States will remain a vital, growing nation with a population of more than 400 million. It will still attract immigrants and grow through internal
demographic change—nearly 20 percent of Americans will be immigrants, compared with 10 percent today.
• The number of working-age Americans and children will grow more slowly than the elderly population and will shrink as a share of the total population, but the
United States will still have one of the youngest population among developed countries and one with the largest working age population.
• Workers will be: (1) substantially better trained and higher skilled than today; (2) much more specialized; (2) more fluid and flexible, changing jobs and careers
several times in their life; and (3) engaged in life-long education and training.
Distribution of Economic Activity
• Population and economic activity will continue to come from the megaregions and the megacities within them—more than 95 percent of US economic activity
will come from these areas.
• The regions outside the megaregions will be dominated by primary production (e.g., agriculture, forestry and fishing, mining, and extraction of oil and gas),
tourism, and eco-zone protection.
• Population will become more concentrated, with the outer suburbs declining as increased transportation costs reduce the benefits of living far away from
growing cities; however, the suburbs will remain but will be more densely populated and less dependent on automobiles.
Nature of Work: Major changes to work
• Automation will continue to replace routine work and production (e.g., manufacturing, routine customer interactions). Lower-skilled “interaction work”—jobs
that must be done face-to to-face today that require the exchange of complex information, such as food service, delivery services, security, janitorial services,
retail—be increasingly automated, requiring fewer people.
• Many highly skilled, highly paid, knowledge-based interaction jobs (i.e., jobs related to the development and exchange of complex information) will have been
broken down into subspecialties and automated to the maximum extent possible, resulting in the erosion of wages in these occupations. Other highly skilled
jobs (e.g., medicine, law) will be partially automated and use technology extensively.
• More knowledge-based and interaction-heavy jobs will be virtual—this will extend to manufacturing and service work where a single worker will remotely control and
monitor multiple real-world installations. Extensive, life-long training will be required to maintain in-demand skills.
Technology Change
• Technology change will continue to be a major driver for economic growth.
• IT will continue to diffuse to new industries and products as increases in processing power, data storage and transmission, and machine intelligence
increases
drive the expansion of new and existing industries.
• Biotechnology, nanotechnology, and artificial intelligence will produce major changes in industry and create new, as yet unimagined products and industries—
robots and intelligent machines will be omnipresent in all industries.
Distribution of Income, Wealth, and Prices
• Globalization and rapid technological change will create a class of mega-rich—the first trillionaires will be seen in the United States.
• Substantial wealth will be concentrated in older Americans as they continue to work to advanced years, accumulate wealth, and do not follow
the typical
retirement trajectory.
• Automation of previously skilled groups will force downward pressure on wages for previously prosperous knowledge workers because interaction-based jobs
require them to increase their skills or seek new careers.
Distribution of Employment and the Contribution of Different Sectors to National Wealth
• Telecommuting, virtual jobs, and tele-presence will mean that more than half of all jobs will be performed from home.
• The service sector will continue to dominate the US economy. The growth of the service sector is a phenomenon seen in all advanced economies.
• Manufacturing will continue to be a major contributor to the US economy but employ relatively fewer people than today given its importance to the economy.
The United States will be one of the top five manufacturing nations. Most manufacturing will be technologically highly sophisticated, innovative, and
capital intensive. Some industries and firms will reach zero employment with zero-worker factories—all production will be effectively automated apart from
decisionmaking.
• Primary production (farming, mining, resource extraction) will remain a major part of the US economy—however, it will employ relatively fewer people than today
given its overall importance to the economy.
Economic Change
• The pace of economic change will increase dramatically (from technology, emergence of foreign competitors, diffusion of technology)—new industries and
major firms will suddenly emerge, and old industries and market leaders will suddenly disappear.
• Regions and cities will experience dramatic ups and downs as technology and new economic pressures constantly threaten to erode their comparative
advantage.
Disruptive
Technologies
• Approaching the Singularity? Many futurists believe we
are on the verge of a great acceleration in technology
as a number of key technologies (e.g., biotech, artificial
intelligence, nontechnology) converge and create sudden,
unprecedented, explosive economic growth. Between
the Paleolithic Revolution and the Industrial Revolution,
it is estimated world wealth doubled every 900 years.
Since the 1860s, world wealth has double every 15
years. There is evidence that the speed of doubling is
increasing as technologies converge (a phenomenon
known as “consilience”) and diffuse into new industries
and previously undeveloped countries. Futurists argue
that it is feasible to think of the convergence of these
trends reaching a point where technology and economic
growth is essentially vertical on a trend line (known as a
“Singularity”). Specifically, world wealth may double on
an annual basis (if not faster), and vast unprecedented
technological, social, economic, and environmental changes
would occur.
Potential
Challenges
• The difficulty in raising revenue and managing deficits may
prevent the United States from investing in the education
and infrastructure to maintain economic growth.
• Continued economic inequality in the US economy may
retard economic growth and spark increased social unrest.
Alternatively, inequality may be evidence of major economic
and technological change. Economic history shows that
periods of dramatic increases in wealth by a small section
of the population are often associated with periods of
rapid economic and technological progress when a few
innovation owners and experts are able to obtain dramatic
returns on investment as new technologies are created and
become widely used.
• Major changes in the environment (e.g., climate change)
and resource availability (e.g., peak oil) may dramatic slow
economic growth or spur innovation in unexpected way.
Potential
Opportunities
• Philanthropy, socially conscious investment, and new forms
of economic organization and techniques (e.g., social
bonds) suggest new ways of channeling investment toward
social products.
• While the US population will age, the United States will
remain one of the youngest advanced societies—this
will give the United States a major advantage over other
advanced economies.
• US civic culture and the free-market system may allow
the American economy to develop innovate private sector
or public–private sector responses to education and
infrastructure challenges if the public sector is unable
to act.
System Operations
Northwestern University
Transportation Center
Northwestern University
Transportation Center