But I also know that what I am saying is solidly grounded in the history of technological revolutions and the associated role of finance. It was a time when Australia, New Zealand and South Africa could make a living in the global economy. Then comes the inevitable maturity of that technological revolution and the process starts all over again with the next one. The result was less happy for Argentina which ceased to be a major player in the world economy. This of course will mean changes in life-style, just as we have seen changes in life-styles in all previous technological revolutions.

Source: Forbes November 25, 2017 21:00 UTC