Welcome to the Global Technology Economy: The Problem with the Future Is That It’s Not What It Used to Be

Perhaps it was Michael Hammer (of re-engineering “fame” in the early 1990s) who said, “The problem with the future is not what it used to be.” In the world of technology economics, this is likely true and not true—all at once. Let’s take a glimpse into a possible future....

You just woke up and Bloomberg reports that cloud processing futures (yes, cloud processing is a commodity) are up to .015 per image. The Swarm Confidence Index, which maps and predicts collective consumer confidence across every market in every nation and across every industry, is up 2%. Brazil announces it is raising its technology investment per worker by 16% over the next 18 months, well surpassing such investment by the United States and every other country.