Exponential technologies are being driven by three mutually reinforcing factors – the power of learning by doing, the increasing interaction and combination of new technologies, and the emergence of new networks of information and trade. But for this picture to be complete, we also need to understand the economic and political context. As you may have noticed, none of these driving forces can be explained without reference to a wider set of shifts in politics and economics. In particular, the process of globalisation. Our continual ability to learn by doing is based on the ever-growing
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