Really nice article. Knowledge as an industry must mostly play a supportive role to the physical world of oil, food production, building and maintaining infrastructure, etc.
Most people probably don't like to think about this, but at least in the USA we are looking at a major transformation in our society. IMO, either our government will go bankrupt or inflate the value of the dollar towards zero.
This economic trend will certainly force us (eventually) to take a hard look on IT spending, military spending, etc. to evaluate what value we get for spent resources. I also expect our society to decentralize as unemployed/under-employed get involved in local food production, etc. The future does not frighten me, and will probably be very interesting to live through, but things will change a lot in the next ten years.
Most people probably don't like to think about this, but at least in the USA we are looking at a major transformation in our society. IMO, either our government will go bankrupt or inflate the value of the dollar towards zero.
This economic trend will certainly force us (eventually) to take a hard look on IT spending, military spending, etc. to evaluate what value we get for spent resources. I also expect our society to decentralize as unemployed/under-employed get involved in local food production, etc. The future does not frighten me, and will probably be very interesting to live through, but things will change a lot in the next ten years.