General Purpose Technology

Rifkin says that in order to spearhead the third industrial revolution (TIR) we need to rebuild our general purpose technology platform (which is made up of communication tech, transportation tech and energy tech), and our society is already doing so, using the Internet of Things (IoT). Concepts like social media, ride sharing, and renewable energy are coming together to create a sharing economy, which thrives due to technologies ability to get us to a zero marginal cost reality. With IoT, everything is quicker, cheaper, and easier. A sharing economy could push the economy forward, AND solve the life threatening weather patterns that come with climate change. But, we cannot go forward with rebuilding the general purpose technology platform if we do not have a suitable basis for the system, and I believe that EOS could be the perfect backbone to tie the (IoT) together.

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