From Zoom To Money-Printing, Covid Fast-Forwards The Future

From Zoom To Money-Printing, Covid Fast-Forwards The Future

Getty Images Getty Images So much about life right now feels anomalous and unnatural, but the economic situation is actually probably pretty close to where we are going in the long run anyway. A quick follow-on to an earlier article on the subject of coronavirus and quarantine ushering facilitating an adoption of futuristic applications and services .

There is a theoretical American future in which physical labor plays a negligible role in the economy. Companies build high-margin, efficiency-enhancing services, and automation replaces repetitive manufacturing roles. Wealth is determined not just by trade but also by investment in these services and […]

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