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Posted by: Michael Mandel on June 24
Oxford has just started a new Future of Humanity Institute headed by Nick Bostrom. Areas of research include global catastrophic risks, maximizing human potential, ethics and public perception of human enhancement, and the impacts of future technologies and human transformation.
In my view, these are really the big economic questions going forward. Over the long run, economic growth is driven by technological change, which really swamps the other factors.
For example, it’s easy enough to predict the long-term competitive future of China and the U.S. if technology is held constant, or permitted to develop in a linear fashion. The real question is what happens if there are technological breakthroughs, on the scale of past ones.
Michael Mandel, BW's award-winning chief economist, provides his unique perspective on the hot economic issues of the day. From globalization to the future of work to the ups and downs of the financial markets, Mandel-named 2006 economic journalist of the year by the World Leadership Forum-offers cutting edge analysis and commentary.