/biz/ - Business & Finance

Finished reading it today.

Some interesting notes:
IMF predicts that by 2025 10% of the worlds assets will be on blockchain

Schwab thinks big data will be adopted completely, as far as saying it will replace the census

He also seems to think that the inventors and investors will be the ones who reap the benefits of this, which is why plebbit is so scared of capitalism in this age because muh crypto scam coins need taxed for UBI.

Schwab did not seem as concerned with the defi aspect of crypto, undoubtedly if he were to write it today he would be dickriding IoT micro-transaction.

Overall schwab seems to have an underlying theme that this will be one of the last "industrial" revolutions, as in tech changes that will eliminate repetitive work and i tend to agree. Until we have intelligent machines however that can code themselves based entirely on intelligent language, I.e. machines that can transform based on a natural conversation with humans, we will still have a need for industrialization i believe. Maybe the 5th one will come in our lifetime keke.

Either way, IMF big data predictions and IMF crypto predictions combined are very bullish for data tech crypto wink wink nudge nudge.