Technological innovation can drive economic growth from "summary" of Radical Abundance by K. Eric Drexler
In a world where resources are limited and demands are ever-increasing, the role of technological innovation cannot be underestimated. It has the power to not only transform industries and societies but also drive economic growth in ways previously thought impossible. By pushing the boundaries of what is possible, technological innovation opens up new possibilities for businesses and individuals alike. One of the key ways in which technological innovation drives economic growth is by creating new markets and industries. When a new technology is introduced, it often disrupts existing industries and forces them to adapt or become obsolete. This process of creative destruction leads to the emergence of new players in the market, who are able to capitalize on the opportunities presented by the new technology. F...
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