The Bureaucratic Singularity: when technology develops faster than governmental control.
Note: The image at the link summarizes this post.
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If government regulation grows arithmetically, while technology grows exponentially, there reaches a point where innovation happens faster than the government can control it. This is the inflection point of The Bureaucratic Singularity.
DarkWeb, Bitcoin/blockchain, Arab Climate Change, Anonymous, AirBnB, Uber, etc. I submit we are at the inflection point - now.
Existence Exists. Reality. Our friend. And, no respecter of persons or weakness.
Specialization creates efficiencies, which drive competition and innovation - exponentially - changing the competitive landscape of society. Wealth, intelligence, and skill begets more wealth, intelligence, and skill.
Predictable Result A. The opportunities/speed to benefit society and (in the process) create wealth also grow exponentially (Google, Facebook, YouTube, Twitter, etc.), with producers on the cutting edge gaining lion's shares of larger pies.
Predictable Result B: Consumers gain larger absolute slices but smaller relative slices. Successful Entrepreneurs move from Millionaires to Billionaires, while the average joe moves from plays to Netflix, telegraph to iPhones, libraries to the Internet. 5% on 100 million is 5 million. 50% of 100 thousand is 50 thousand. The size of the relative gap between rich and poor is accelerating even as the poor get richer in absolute terms.
Predictable Result C: Competitors (and their employees) lose their place at the table, unless they can adopt/adapt/innovate in pace with the cutting edge. For them, cutting edge is bleeding edge. This displacement is not trivial, and requires increasing investment by companies and individuals in (self) development, without certainty of where to invest.
Predictable Result D: Populist rhetoric/media becomes increasingly effective at portraying disparity. Envy and anger at disparity grows, leading to increased government attempts/regulation to "correct" this "imbalance." Democrat/Republican alike succumb to this pressure. Lobbying intensifies as the Beltway Parasites feed on the frenzy. Government interference in economy causes increasing systemic failures.
Suggestions:
1. Prepare yourself to surf this wave. Make sure you are on the cutting edge, not the bleeding edge.
2. Teach yourself to focus on and promote absolute wealth, not relative wealth.
3. Promote positive adaptations to the rapid changes, using profit as a slipstream to fund the promotion in an upward spiral.
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If government regulation grows arithmetically, while technology grows exponentially, there reaches a point where innovation happens faster than the government can control it. This is the inflection point of The Bureaucratic Singularity.
DarkWeb, Bitcoin/blockchain, Arab Climate Change, Anonymous, AirBnB, Uber, etc. I submit we are at the inflection point - now.
Existence Exists. Reality. Our friend. And, no respecter of persons or weakness.
Specialization creates efficiencies, which drive competition and innovation - exponentially - changing the competitive landscape of society. Wealth, intelligence, and skill begets more wealth, intelligence, and skill.
Predictable Result A. The opportunities/speed to benefit society and (in the process) create wealth also grow exponentially (Google, Facebook, YouTube, Twitter, etc.), with producers on the cutting edge gaining lion's shares of larger pies.
Predictable Result B: Consumers gain larger absolute slices but smaller relative slices. Successful Entrepreneurs move from Millionaires to Billionaires, while the average joe moves from plays to Netflix, telegraph to iPhones, libraries to the Internet. 5% on 100 million is 5 million. 50% of 100 thousand is 50 thousand. The size of the relative gap between rich and poor is accelerating even as the poor get richer in absolute terms.
Predictable Result C: Competitors (and their employees) lose their place at the table, unless they can adopt/adapt/innovate in pace with the cutting edge. For them, cutting edge is bleeding edge. This displacement is not trivial, and requires increasing investment by companies and individuals in (self) development, without certainty of where to invest.
Predictable Result D: Populist rhetoric/media becomes increasingly effective at portraying disparity. Envy and anger at disparity grows, leading to increased government attempts/regulation to "correct" this "imbalance." Democrat/Republican alike succumb to this pressure. Lobbying intensifies as the Beltway Parasites feed on the frenzy. Government interference in economy causes increasing systemic failures.
Suggestions:
1. Prepare yourself to surf this wave. Make sure you are on the cutting edge, not the bleeding edge.
2. Teach yourself to focus on and promote absolute wealth, not relative wealth.
3. Promote positive adaptations to the rapid changes, using profit as a slipstream to fund the promotion in an upward spiral.
SOURCE URL: http://rationalspirituality.com/bursing.jpg
