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When it comes to predicting how technology changes our near future, there are two camps. One says we live at a time of a "new normal" where we've netted all the low-hanging fruit and ordering a ride or food on a smartphone is as good as it's going to get. The other camp sees lots of changes but mainly in destroying jobs and traditional businesses. They're both wrong predicts Mark P. Mills. History will record the 2020s as one of the rare pivot...

We are now witnessing the build-out of society's first foundationally new infrastructure in nearly a century: the Cloud. It is an ecosystem of information-digital hardware, at the heart of which resides massive warehouse-scale datacenters unlike anything ever built. Given the resources committed to them and the reverence afforded to the companies that build and own them, datacenters might be called the digital cathedrals of the twenty-first ce...

Are robots finally replacing humans? Does the emerging age of artificial intelligence and automation mean we will soon see "peak jobs" and the need for a Universal Basic Income to support a widening swath of hapless citizens unsuited for employment in a primarily "knowledge" workforce? Improving productivity-reducing labor hours per unit of product or service-has been the hallmark of economic progress for centuries. But advances due to robots ...