In-depth analysis on Credit Writedowns Pro.

Nonlinear Thinking: Drone Valet Parking Attendents

By Global Macro Monitor

Wow! Life is getting too easy. Guess the driving tests of the future will require the knowledge of how to use a smart phone. Just another example of Schumpeterian innovation that will destroy some jobs and create others. No more negative externalities — i.e., fender benders? Bad for body shops!

If this doesn’t convince you we’re on the elbow of the technology exponential curve, nothing will. Stay tuned, it’s going to be interesting next 20 years!

Hat tip Lawrence “of America” Wagner!

About 

Global Macro Monitor is a site designed as a “go to” source for traders, investors, policymakers and any interested in markets and the global economy. It provides informed opinion, timely market information, sources, and links.

2 Comments

  1. Nathan Tankus says:

    I wish conservatives were schumpeterians. our political discussions would be exponentially better.

  2. fresno dan says:

    Man, I am all for that – I am terrible at parking