The Exponential Age: How Accelerating Technology is Transforming Business, Politics and Society
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the development of new technologies also creates new needs—as one technology displaces the existing ones, new sectors of the economy are brought into existence. Those new sectors have needs that must be met by suitably skilled workers.
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But Sid wasn’t overwhelmed by this more complex environment. Rather, it forced him to master new skills and build new tools.
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Technologies have created more jobs than they have destroyed, but the short-term damage can be profound.
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The volume of real-time data generated in the global economy expanded by a factor of nineteen between 2010 and 2020—a doubling just under every two years,
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The data sphere grows by about 18 million gigabytes per minute. It
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Within twelve months of the virus being identified within humans, many countries had approved seven different effective vaccines.
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The meningitis vaccine took ninety years to develop, polio forty-five years, measles a decade. Scientists created an effective vaccine for mumps in just four years: that was a proud achievement at the time.
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decade from the time of writing, computer power will be one hundred times cheaper than it is now. A dollar spent will buy you at least one hundred times more computing power than you get today.
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A decade from now, renewable electricity from solar or wind plants will be five times cheaper, and perhaps more—likely a quarter of the 2020 price of natural gas. The batteries used in electric vehicles will likely be a third of the price they were in 2020.
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decade from now, human genome sequences will be approaching a dollar apiece. There will be little reason not to sequence every person as part of their normal medical procedures.
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Should you develop a rare illness, personalized medications could be your savior.
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