Wednesday, April 1, 2009

Wow! It's been almost two whole years since I posted anything... But in keeping with the theme of long term thinking, that's just a proverbial blink of an eye. What actually happened was that I was in experimenting mode and lost track of experiments I'd started (this being one).

But since I'm here, a thought had occurred to me about the economic system of the future. In recent history, it seemed certain that market economies were hailed as the clear way of generating prosperity, yet we're now witnessing what can happen when the 'invisible hand' of the market fails to guide activity in the right way. What economic system will govern allocation of goods and services in the future? It's easy to think of continuing some form of market, while at the same time difficult to believe that people will continue to suffer with the complexities of ever more choices to manage.

Will automated systems be developed to allow for managing the negotiation of thousands of choices behind the scenes in a way that preserves the positive benefits of market forces while simultaneously easing the burden of decision making that's already making life a constant challenge?

Who knows? But I'm thinking it will evolve in a way that makes life more like a cruise and less like a bazaar.