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If you want to understand why this matters, I highly recommend the new book“Capitalism Without Capital” by @haskelecon and @stianwestlake. Here’s my review:The portion of the global economy that doesn’t fit the old model just keeps gettinglarger. But the rules that govern the economy haven’t kept up. This is one of thebiggest trends in the global economy that isn’t getting enough attention.Unlike the goods that powered our economy in the past, software is an intangibleasset -- “something you can’t touch.” And it’s not the only example: data,insurance, e-books, even movies work in similar ways.But software doesn’t work like this. Microsoft might spend a lot of money todevelop the first unit of a new program, but every unit after that is virtuallyfree to produce.This chart assumes that the total cost of production increases as supply increases.
When a car company makes a new vehicle, the 10th car costs the same to manufactureas the 1000th.At the time I was in college, this was basically how the global economy worked...My friend @PaulGAllen's @LivingComputers Museum & Lab is a great place to learnabout the tech revolution and what will come next. (It also has a working Altair8800 – very cool) One in five students who plan to attend college don’t actually enroll.@GeorgiaStateU, a school I visited last year, used chatbots to reduce “summer melt”by 21%: Congrats to @PearlJam on bringing together so many incredible partners and fans tofight homelessness in my hometown of Seattle. This is the kind of leadership weneed more of in our city and beyond. #TheHomeShows In celebration of #BookLoversDay, here are five of my recent favorites. I thinkyou’ll find there’s something for everyone: What fuels my optimism for the future? The data (because it tells a prettyremarkable story). The transformation of Rwanda’s health system has its roots in a very simple, butpowerful belief: everyone deserves a shot at a healthy life, no matter theirincome, ethnic group, or where they call home. Foreign aid is one of the best investments that the U.S. can make. Now is the timeto strengthen programs like@PEPFAR. The world is facing some big challenges. I’m always thrilled to read aboutcompanies that find bold solutions. [email protected] helps countries to develop low-cost, high-impact solutions to theirpressing health problems. Kangaroo care is a great example of the interventionsthat they promote: Great storytellers make complex topics easily accessible. @DrSidMukherjee and@KenBurns are two of the best I know, so I’m thrilled to see them working together.

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Term
Winter
Professor
BrianHarrington

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