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To: Pietro
There is a new economy coming, not based so much on mass production, but rather mass information.

Please explain . . . if you can.

22 posted on 01/24/2014 7:28:10 AM PST by Age of Reason
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To: Age of Reason

>> There is a new economy coming, not based so much on mass production, but rather mass information.
>
> Please explain . . . if you can.

With the advent of cheap 3D printing there’s a huge increase of ‘producers’.
Because of Supply & Demand, this means that much production will become cheap — the thing that will go up in demand are people who understand and can use information, already a valuable commodity, which will create a demand for readily accessible information.


25 posted on 01/24/2014 7:32:34 AM PST by OneWingedShark (Q: Why am I here? A: To do Justly, to love mercy, and to walk humbly with my God.)
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To: Age of Reason
"Please explain . . . if you can."

Its already begun; database management, data mining, ecommerce matching buyers/sellers directly, world wide telecommunications, e publishing, etc. Hell, look at the internet. I, myself sell books all over the world from tiny little Taylorstown, PA.

3D printing could change great swathes of the market place.

How many people are employed in these industries today versus even 5 years ago? In another five years what will those numbers be

Look, I grew up in Pittsburgh in the bad old days when we were an industrial power house, and I have to tell you I don't miss that at all.

As w/ everything there's an up and a down, but really the new economy holds far greater potential for benefits than turning back the clock to assembly line/factory jobs.

135 posted on 01/24/2014 11:04:35 AM PST by Pietro
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