Chapter 23: Themes for the Decades Between 2015 and 2025
“It’s hard to make predictions, especially about the future.”
– attributed to Yogi Berra
What we will cover in this chapter
- Productivity can be defined as the multiple of labour, technology, energy and debt.
- As of 2013, the greatest urbanisation in history is lifting billions of people out of poverty and into the middle classes. Therefore labour productivity on aggregate is improving.
- We are living through one of the greatest golden ages of technological development in the history of our species. Industrial automation/robotics, nanotechnologies, genetics, cloud computing and other developments have the capacity to fuel productivity growth well into the future.
- The high price ...