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Tech entrepreneur Jeff Booth has grappled with the dynamics of online platforms and artificial intelligence, an experience that leads him to believe that technology will fundamentally upend long-held economic precepts. Prices will fall and jobs will disappear, he writes in this sometimes-contrarian take on the future economy, but that will bring the benefits of cheaper living and abundance to all. While economists may quibble with some of his arguments, Booth has undoubtedly put his finger on developments that are just beginning to emerge.
About the Author
Jeff Booth is a co-founder of BuildDirect and a technology adviser. In 2016, Goldman Sachs named him among its 100 most intriguing entrepreneurs.
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1 month agoGovernments should stop borrowing and printing money . They will keep borrowing and printing money because is not their money and they don't have to give it back. That's how they think and people vote them . Jump to the arena and tell people you will not borrow , you will not print and you will save money. Nobody will vote you. That's how we are now.