Dr. John Psarouthakis, Executive Editor, The Business Thinker; Founder and former CEO JPIndustries, Inc., a Fortune 500 industrial corporation.
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We live in a century in which many of the old cultures and societies that have been successful under the old technologies and cultural norms are falling by the wayside. Already there have been dramatic shifts in economic wealth, both within and across nation states. The cost of failure, which in many ways will be equivalent to the inability to adapt to technological change, will be significant.
There is still some debate about how the new changes in technology will affect some of the more prevalent twentieth century ideologies. For example, will the new technologies and associated cultural changes support or retard the growth of the liberal democracies? Or, will the vision of George Orwell be realized, with a technology-induced return to a world-wide authoritarian state? Obviously, all the data are not in, and will not be in for another seventy-five years or so.