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The Great Global Con |
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| Most companies rely on about 14 percent of the world萸� population ?the consumers with per capita spending power of $10,000 per year or greater ?to drive their revenues. Unfortunately, for the foreseeable future, growth in the population of affluent developed economies like the U.S., Japan, and the EU will be stagnant or declining. Fortunately, another 1.5 billion consumers will 諛팵erge?over the next five years, representing the largest consumption boom in human history. |
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On-Line Libraries, C |
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| Nearly everyone would agree that today��셲 constant changes in technologies, work, and global markets require companies to hire well-educated employees and to train and retrain their workforces continually. But, until now, there have been at least three obstacles to lifelong learning: |
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The 40-Hour Work Wee |
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| Futurists 50 years ago were projecting a 20-hour work week in the United States and Western Europe by the dawn of the 21st century. In most developed nations, their predictions have proven directionally correct: total work time has moved downward. |
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The "Efficient Marke |
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| The 諛팭ficient market hypothesis,?which Wall Street embraced for decades, holds that in a market where everyone has equal access to the same information, rational investors will set stock prices ?and the prices will reflect the generally understood information about the value of those stocks. No one has an unfair advantage ?and no one is supposed to be able to beat the market over the long term. This is the foundation upon which the $1 trillion index-fund industry rests. |
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Intelligent Robots W |
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| One of the oldest dreams of science has been creating a human-like machine. Teams of researchers have been working for half a century to create machines that can do useful work and also share some characteristics of animals and humans ?in other words, robots. |
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