Last week topic was on Emerging technologies and it is perhaps the lesson with the most video shown. Lot of innovative, brave and interesting concepts and ideas in the video which leave people pondering the endless possibilities the future holds. Take 3D printer as an example, it totally smash the need for assembly to zero where it could be printed into a workable mode within minutes. Prof mentioned about sharing the fruit of innovation, the output it produced amongst people n I can't agree more. Like I explain in my research essay, capitalism has the tendency to drain capital towards the side with more capital, what happened in the current global scene is we have allowed a few decades of uncontrolled capital upflow with proper balance to ensure the system runs in equilibrium, the coming of the industrial age come too quickly that we failed to grasp the necessary measures needed to let humans progress equally. We have allowed capital to have the say and capital, purchasing machineries and equipments are replacing humans labour and are valued much more. What we need to do is to ensure that the output of our economy and industries, the never halting wheels of machineries do not only belongs to a few 'mighty' individuals but whenever they replace labour, are co-owned by the humans they replaced. Unemployment are always viewed as a bad thing but not necessarily so, if the machineries could produce enough output by themselves, human can idle and spend more leisure time, isn't that the ultimate goal for humanity as a whole to have more time to pursue personal interest? But right now, we are becoming like the machine that replace us, working longer, faster and better...
I shall stop before I ranted a whole blog worth of grievance. No matter how gloomy our economy may seems, i believe in a bright future where technology propel us beyond our current imagination.
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