Technology Optimists Vs. Pessimists

  • According to techno-optimists, we’re on the verge of an inflection point where technological innovation is accelerating.
  • Techno-pessimists like Robert Gordon argue that there is nothing in the data to suggest that this is happening.
  • We think Gordon is largely right, but we also think the third industrial revolution hasn’t run its course yet, as Gordon is suggesting.
  • There are still large parts of the economy which haven’t really adapted to the possibilities of ICT, and companies figuring out how stand to gain massively.

Source: Technology Optimists Vs. Pessimists | Seeking Alpha