The New Revolution Is Here. What Is It? | Mark P. Mills
FROM THE ARCHIVE (2022): References to current events, governmental administrations, or public policies may not reflect present-day circumstances.
What is “the cloud”? Should we be optimistic about the future and what technology can do for us? Mark P. Mills thinks so, in this 2022 speech brought back from the archive. Join us as Mills unpacks what the cloud really is, and takes a good look at just what things technology is doing for us today.
“The Cloud Revolution: Looking Ahead”
Mark P. Mills
Author, The Cloud Revolution: How the Convergence of New Technologies Will Unleash the Next Economic Boom and a Roaring 2020s
This speech was given on October 28, 2022, at a Hillsdale College Free Market Forum in Boise, Idaho.
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Timecodes:
0:00 – Sizzle Trailer
1:19 – Introduction: Why Technology Is the Real Engine of Growth
5:31 – Nobel Prizes, Energy Costs, and the Tesla Myth
11:14 – Why Systems That Unleash Innovation Drive Wealth
16:33 – From Unimate to Spot Mini: Automation’s 60-Year Leap
22:16 – Steel, Semiconductors, and the New Inputs of Growth
26:21 – The Chip Behind the US-China Tech Race
29:13 – What Is the Cloud? Redefining It as an Advice Engine
37:27 – Measuring Progress: Computations Per Second Per Dollar
42:11 – Mobile Robots and Amplifying the Shrinking Global Workforce
45:27 – The Next Wave: Diagnostics, VR, AI, and Bioprinting
53:29 – The 1920s Parallel: How Phase Changes Create Wealth
58:03 – Turmoil Then and Now: Pandemics, Riots, and Fake News
1:02:18 – Why Belief in the Future Drives Economic Growth
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