Extreme Events And Their Chain Reactions


An event like a pandemic triggers a chain reaction. Like one domino setting the others in motion, COVID-19 is shaping a different future. The links in the chain represent multiple domains, and the reaction spans them all. Our challenge is to understand the Implications of these reactions and the way the World may Respond. I looked at this implication/response Framework in the early days of the pandemic. Now, we see signals that may provide more clarity as to possible paths. One domain where signals are emerging is work.

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Technological Socialism and Demonetization


In a recent post titled Demonetized Cost of Living, Peter Diamandis describes how technological socialism (i.e. having our lives taken care of by technology) will drive our cost of living close to zero. A similar case was made by Economist Jeremy Rifkin in his book titled The Zero Marginal Cost Society. Diamandis defines demonetization as the ability of technology to take a product or service that was previously expensive and making it substantially cheaper, or potentially free; removing money from the equation. Demonetized is one of the Six D’s of digital, as described by Diamandis and captured in one of my visuals below.

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