Saving Capitalism

Never before in human history has so much change been so rapidly foisted on human beings. Not during the Renaissance, the Enlightenment or the Industrial Revolution.

Today, technology in all of its forms; from smart machines to robotics, from AI to VR to 3D manufacturing, to genetic and biomedical engineering, will make sure we are never the same

It's estimated by some that almost eighty million jobs could be gone in our lifetime. Certainly, the psychological and political consequences of this change, as we are already seeing, could be devastating. But so will the economic impact. It’s in this context that we need to reimagine capitalism. Just listen to some of the current candidates for president, and you’ll see that the very capitalist system that has produced this unprecedented change and wealth, is under siege. All of which raises the question, can capitalism itself keep up?  This is the question that author and business professor Ed Hess in a new White Paper in our recent conversation.

My conversation with Ed Hess:

Slowing Down to Be Human in the Digital Age

Perhaps never before in human history has so much change so rapidly been foisted on human beings. Sure change is a constant and whether it was the Renaissance, the Enlightenment or the Industrial Revolution, we have gone through previous periods of dramatic and painful change.

But never has the change come so fast and had the power to produce such dislocation. Today, technology in all of its forms, from smart machines, to robotics, from AI, to how we communicate, to how we will continue to learn, will make sure we are never the same

It's estimated that almost half of the current jobs can be and will be replaced by machines. Eighty million jobs could be gone in our lifetime.

For some, the fear of and resistance to this change will animate their every action. For others, that seek to embrace the change, to excel with it, to live in the real world, the questions will be how best to do it. That’s what Ed Hess talks about in Humility Is the New Smart: Rethinking Human Excellence in the Smart Machine Age.

My conversation with Ed Hess: