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What are the real life implications of becoming an information economy?

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Johnny Giles
Principal Owner, Expert Business Presentations
Posted on Dec. 14, 2010
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Hi Drew,

I love technology and implement as much of it as I can manage but in my humble opinion the United States has become less of a producer of manufactured goods and more of a buyer. This makes the gap between the have and have nots even more extreme. Most people who understand and can utilize current technology usually "bounce back" faster after a lost job, etc... where those who use their hands and/or are classified as labor find it much more difficult.

I also believe that right now the window of opportunities are closing in many technology sectors because most of them rely upon "new buyers" and the masses make up those who have little to no need to buy. Virtual currency and virtual products range from "points" on a bid site to seo services by which neither are an "in-hand" object. Any business whose profitability is based in volume needs to cater to the masses and those who sell information vendor have no appeal to the masses.

Now I could go on relative to my theories but for America to maintain its super-power status over the next 10-25 years we have to re-enter the manufacturing age where we produce what we buy.

Johnny

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