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I don't quite agree with the end of academia bit.  Sure the WWW has devalued copyright and knowledge capitalism in some spheres but it doesn't stop the need for e.g. ever greater ingenuity from extracting greater value form ever scarcer non-renewable resources.  You could have one college faculty teaching (neo-liberal) economics to millions of students worldwide - via the WWW - and the better known colleges will probably become brands/franchises teaching/certifying millions on a global scale. But as he acknowledges in his multi-media/Manhattan comment, F2F is still crucially important in many spheres of activity.

Doing futurism is fun not only because it demonstrates how wrong you can be, but also it helps you to clarify your thinking on the present

My biggest concern would be that with technoloogy/automation, labour demand continues to reduce as supply continues to grow leading to a cheapening of all labour.  Property/resource control then becomes the key to successful survival/high standard of living whist the working poor - including PhDs - get poorer and poorer...

The accumulators shall inherit the earth...

notes from no w here

by Frank Schnittger (mail Frankschnittger at hot dotty communists) on Sat Aug 15th, 2009 at 09:56:45 AM EST
The accumulators shall inheritmisappropriate the earth...
Isn't that what they've been doing for 10 thousand years? Cue in Ishmael.
Before proceeding Ishmael lays some ground definitions for his student. He defines:
  • Takers as people often referred to as "civilized." Particularly, the culture born in an Agricultural Revolution that began about 10,000 years ago in the Near East; the culture of Ishmael's pupil.
  • Leavers as people of all other cultures; sometimes referred to as "primitive."
  • A story as an interrelation between the gods, man, and the Earth, with a beginning, middle, and end.
  • To enact is to strive to make a story come true.
*A culture as a people who are enacting a story.
We're reluctant members of a taker culture, and the well-adjusted takers will indeed take it all.

The peak-to-trough part of the business cycle is an outlier. Carnot would have died laughing.
by Migeru (migeru at eurotrib dot com) on Sat Aug 15th, 2009 at 11:28:59 AM EST
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Well, it may not mean the end of academia as an institution/function, but

one college faculty teaching (neo-liberal) economics to millions of students worldwide - via the WWW - and the better known colleges will probably become brands/franchises teaching/certifying millions on a global scale

would more or less spell the end of academia as a career option.

The fact is that what we're experiencing right now is a top-down disaster. -Paul Krugman

by dvx (dvx.clt ät gmail dotcom) on Mon Aug 17th, 2009 at 10:43:03 AM EST
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