The Economy Evolves Modern science provides just such a theory. This book will argue that wealth creation is the product of a simple, but profoundly powerful, three-step formula—differentiate, select, and amplify—the formula of evolution. The same process that has driven the growing order and complexity of the biosphere has driven the growing order

The various technologies I’m speaking of share four key features that explain why this isn’t business as usual: they are inherently general and therefore omni-use, they hyper-evolve, they have asymmetric impacts, and, in some respects, they are increasingly autonomous.

The daily glitter of high-tech novelty rides upon slow currents. The roots of the digital world are anchored in the physical needs and natural tendencies of bits, information, and networks. No matter what geography, no matter what companies, no matter what politics, these fundamental ingredients of bits and networks will hatch similar results again