“Why are oil prices so low? First, energy consumption growth rates in developing markets have decreased. This is particularly noticeable in China. Second, new technologies are being developed and the shale gas revolution in the USA has taken place” FirstsEnergyGrowthTechnologyTakenRevolutionLowsRateChinaOilDevelopingUsaGasConsumptionNew TechnologyOil PriceEnergy Consumption Author:Kenneth Rogoff
“Even before the agricultural revolution began in the Fertile Crescent about 10,000 years ago, humans had learned how to work with new technology. Those who could not or would not eventually became priests, politicians, and bureaucrats.” YearsHumansTechnologyRevolutionPoliticianYears AgoPriestsNew TechnologyFertileBureaucratsCrescent Author:G. Harry Stine
“When you brought the Industrial Revolution in, all of a sudden India and China went from being the dominant global powers to being powers dominated by those who understood how to apply this new technology.” TechnologyRevolutionUnderstoodIndiaChinaDominantNew TechnologyIndustrial Revolution Author:Juan Enriquez
“Because I had visited Silicon Valley, I recognized the microprocessor was going to lead the second industrial revolution. We Chinese could not miss that opportunity again - we missed the first industrial revolution already. We put our effort into trying to bring this new technology from the United States to Taiwan. That was the begining of Acer.” TryingFirstsStatesOpportunityUnitedEffortTechnologyUnited StatesMissingRevolutionChineseValleysNew TechnologySiliconSilicon ValleyIndustrial RevolutionTaiwanMicroprocessor Author:Stan Shih
“When the industrial revolution happened there was the Luddistic movement, and there was a fear that machinery would replace all the labor. Whenever we had a technological revolution we had this fear. So if you look backwards, these fears were not justified, and I think they were driven by our very human inability to visualize what new jobs will be created by this new technology.” ThinkingTechnologyRevolutionLaborDrivenTechnologicalBackwardsJustifiedNew TechnologyNew JobIndustrial Revolution Author:Branko Milanovic