Monday, July 27, 2009
"Technology Entrepreneurs Will Save Us." That's the title of this blog post by Rich Karlgaard. If I were the sort to rail against the messianic pretensions of free-market fundamentalists, this would worth a good laugh. But I'm not, so let's just say I'm not convinced of Rich's thesis from a simple pragmatic angle.
What is tech? Leaving all the gooey futuristic stuff aside, for thirty years or so it's largely consisted of advances in chips, software, and biotech. These are still decent fields for development, but the consumer has largely adjusted to them and is not looking to buy the latest of their wares.
If I had to guess, the next frontier with the potential of reenergizing the economy will be Spiritual technology. The thing is, if it's spiritual, is it really tech? And if it is, will people pay for it? I have something of a contrary streak, so I tend to answer no to entrepreneurial people but yes to religious people.