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It’s hard for us to fathom exponential change – but our inability to do so could tear apart businesses, economies and the fabric of society

Below is a further exploration of “the rate of change” or “Future Shock” such as discussed in the post previous, this warning coming 50 years later, Certainly, change has been part of what humans have evolved to handle.

Until the “communications revolution” this was largely accomplished through new generations of humans being born into and subsuming into, the zeitgeist of their youthful years. That means of adjusting to change is of course still ongoing. There’s much talk about “generations” and Millenials do this or that, while Boomers do or think something different.

However, with exponential change, such as this Wired article discusses, generational change may well take too long to keep up. If so, then other ways of coping with change, other ways of understanding change, will be needed/ are needed now.

Kudos to Gary for the link, and here are some of his thoughts on the “exponential growth gap”;

This concept was the basis of a push 5-10 years back to fund a really aggressive, ever growing Guaranteed Minimum Income program that would be funded by a small tax on this exponential growth.

 

It sounded good to me at the time, but I was probably part of an infinitesimally small minority. The problem seems clear and has historical representation, but there has been virtually no action to implement solutions. As the Article asserts:

 

“Our institutions have an in-built tendency towards incrementalism.’

 

And incremental changes fail when confronting the disruption of exponential change. We as society will need to find a different path or face 50 years of social unrest until the system self-corrects or self destructs.

The Exponential Age will transform economics forever | WIRED UK