How to Modernize Capitalism with Ed Hess
Claudia Cragg, @KGNUClaudia speaks here for @KGNU #ItsTheEconomy with Ed Hess () about what he sees as the urgent need to modernize and deeply reform the present state of capitalism. Hess argues that we are now on the leading edge of a tsunami of coming technological and scientific advances in the areas of artificial intelligence (AI); the Internet of Things; virtual reality; advanced robotics; nanotechnology; deep learning; and biomedical, genetic, and cyborg engineering. Along with quantum computing power and global connectivity, these advances will fundamentally change how most of us live and work. The Digital Age, he maintains, has both the potential to be as disruptive and and also transformative for us as the Industrial Revolution was for our ancestors. If not proactively and preemptively managed, that disruption will threaten our capitalist system and democracy and destroy what’s left of the American Dream.