>> How big could global ICT outsourcing get? The below "Teratrend
>> Theory," which I developed some years ago (but shelved for more concrete
>> endeavors), claims the U.S. economy will eventually be importing $1
trillion
>> in information-based productivity. It also explains that trade will be
>> balanced by exporting an equal amount of high-tech manufactured
products.
This stuff is utter nonsense. What is "information-based productivity"?
It's just a fancy name for shuffling papers.
Once the physical resources (mostly energy) that support the global
paper-shuffling industry is history, the global paper-shuffling industry
will be history too.
Does anyone think they can eat infoburgers?
Jay
