I see how human ingenuity and new technologies have eliminated previously insoluble problems once we stand back and let free markets do what they do best: direct the allocation of capital to find a solution.
By that, I am referring to computers, connectivity, GPS, fiber, the cloud, and all things made of, or influenced by, silicon—the entire bundle of technologies relating to computation and communication.
To lay the foundation for those arguments, I offer five simple premises—optimistic yet realistic assertions about the predictive nature of history, the infinite promise of technology, and the power of humanity to wield new technologies to create the next Golden Age.
The mark of these technologies is that they are greeted with universal skepticism at first.
We often see other technologies race toward a point and then stop growing along that axis.
How would you define technologies? Add your definition here.