Thread:



1. The main driver for global economic growth has been and will always be advancement in technology. The economic prosperity of 80s to 2000s was a result of information tech revolution (the internet, aka the third industrial revolution).

2. This info tech driver can no longer propel world economy after 38 years. Markets have become saturated; technologies sprung from the third industrial revolution are advancing only to provide marginal benifits. Your phones, computers from 2008 can get the same job done in 2018.