The Sovereign Individual: How to Survive and Thrive During the Collapse of the Welfare State
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The Sovereign Individual: How to Survive and Thrive During the Collapse of the Welfare State
As information technology proliferates, low skilled people won’t be taken advantage of anymore, they simply won’t be able to contribute meaningfully to the economy.
James Dale Davidson • The Sovereign Individual: How to Survive and Thrive During the Collapse of the Welfare State
In the Information Age, only cities that repay their upkeep with a high quality of life will stay viable. People at a distance won’t be obligated to subsidize them.
James Dale Davidson • The Sovereign Individual: How to Survive and Thrive During the Collapse of the Welfare State
With technology increasing, we’ll move closer and closer to Neal Stephenson’s Metaverse in Snow Crash, where we live as much online as offline and conduct ourselves according to the online laws and customs, working in the cybereconomy.
James Dale Davidson • The Sovereign Individual: How to Survive and Thrive During the Collapse of the Welfare State
The web allows people to transcend any bad luck of being born in a certain country or state, they’re global citizens now.
James Dale Davidson • The Sovereign Individual: How to Survive and Thrive During the Collapse of the Welfare State
1. Technology plays the biggest and most impactful role in the new megapolitical changes though
James Dale Davidson • The Sovereign Individual: How to Survive and Thrive During the Collapse of the Welfare State
People will react much more violently to technologies that replace specific jobs, as opposed to technologies that allow for new kinds of work or production.
James Dale Davidson • The Sovereign Individual: How to Survive and Thrive During the Collapse of the Welfare State
Information technology has a shorter product cycle. Products will become obsolete faster, so any gains from extorting above-market wages will be short lived.
James Dale Davidson • The Sovereign Individual: How to Survive and Thrive During the Collapse of the Welfare State
We will identify more with people who share our interests and work than our country. An investment banker in Manhattan has more in common with a trader in Tokyo than the server who prepares his food for lunch.
James Dale Davidson • The Sovereign Individual: How to Survive and Thrive During the Collapse of the Welfare State
Technology will allow for micropayments and microtransactions based on consumption, instead of playing flat rates to the service providers.