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by siriusastrebe
33 days ago
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The globalized economy has demonstrated that a single country and supply the majority of the world's manufacturing needs, at least for a while. Taiwan creates most of the worlds semiconductors. China makes the majority of everything else. Silicon Valley created a majority of the tech market's value. But there's a cap where the world has enough stuff at least in the short term, and growth slows. Humans only need a certain amount to survive. With populations leveling out, industry will shift from servicing human needs, to the needs of corporations and other industries. Consumers will become a minority in the future economy. What will corporations value in the future, that they're willing to spend on recurring human capital expenses? I think the answer will always be: the tasks that will help companies grow. |
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