Silicon Valley and the Logic of the Globalized Economy
19th July 2016
The technology driven global economy is brutally competitive and has put enormous stress on businesses to adapt or die.
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Because Silicon Valley has largely gotten a pass from the rules and norms that apply to every other industry in America, they’ve been able to take this to the next level, so we see it in the purest form. The results in Silicon Valley speak for themselves.
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Now consider that most of you reading me probably have an IQ of 115+. And we are all still feeling the heat, although some of us surely thrive on it at some level. Imagine what it’s like for people who have a below average IQ, which is by definition half the population.
If we proceed on with the superstar economy, where enormous value can be delivered with relatively small teams of ultra top players, what does that mean for the social environment? It’s worth pondering what the future would look like if the Netflix/Amazon models of personnel became more standard. The nature of technology and global competition seems to be pushing things in that direction.