The document discusses Peter Drucker's view that society is shifting from an employee model to an entrepreneurial one, driven by demographic, technological, and globalization trends. It outlines how Drucker built upon Joseph Schumpeter's view of entrepreneurs as central to capitalism and economic growth. While the transition is ongoing, entrepreneurialism has grown in mainstream acceptance. Digital technologies have further lowered barriers to entry and enabled new forms of learning and collaboration. Key questions are raised about the role of government, education, large organizations, and balancing regulation with entrepreneurial freedom in this emerging entrepreneurial society.