Why doesn’t anyone know anything?

The big game-changer in the 1880s was electricity, which allowed factories to operate inside cities, which allowed the large, metropolitan economies to happen.

But the clever people who made electricity happen never saw the next big thing, which was the automobile, Henry Ford and all that.

And the auto people never saw the next big thing after that, which was the microchip.

And what’s the next big thing after the microchip? Sure, there are folks who’d like to convince you it’s something they’ve already invested heavily in, say, cryptocurrency or AI or quantum computing, but the reality is, same as before, “Nobody knows anything”.

George Friedman, the political strategist explains it very well here, much better than we ever could.

One more good reason to stay humble…