Transition theory - a paper going over (economic) crisises as a pattern, transitions through generations and the end of third industrial revolution

#1

I found this paper written in 2013 very inspiring and helpful to believe in Blockchain technology. (and other new tech beiing introduced during this time.)

This paper is not mentioning blockchain, but suggests we are in a time were new technology will have to pave the way for new economic growth…
Current tech in the S&P 500 listed companies is entering degeneration phase. Whereas new technologies are still in pre development stage…

The paper suggest each generation takes 25 years. Looking at the dot-com era starting around 1994… We are now 25 years later, thus at beginning of a transition phase…

The paper also gently suggests that sentiment indexes as DOW and S&P will slow down in growth, exactly bacause the companies in there are degenerating. While there is a shortage in companies in acceleration phase to make an entry in those indexes… The paper was written in 2013. And looking at the bad markets in 2018 I found that very interesting hypothesis.

http://www.insightweb.it/web/files/the_present_crisis_a_pattern_paper.pdf

If someone would like to read it… Would love to hear opinions about this view…

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#2

Very interesting article, the cycle in economical revolution is indeed even more clear today than in 2013. We are at the end of a cycle, society transformations, habits, cultural behaviors, are all completely different than 25 years ago. The economy seems to run out of steem and in need of new technologies, theories to start a new cycle. Being in crypto we all see that blockchain is one, along with AI, supply chains, to create symbiosis and think differently. It also goes to politics, religions, social and health. Let see what happens in the next 10 years.

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