It’s funny that all of these academic, government types seem to be signaling the end of the world. This, at least of late, has been reinforcing for me personally much of Nicholas Nassim Taleb has been saying about these guys; that in effect they don’t know shit. That many of these academic types have not actually worked in the real world and instead are directing policy from an ivory tower.

The world is doing better than it ever has, innovation has been steadily picking up, especially in the United States and in China. Just look at the amount of disruption in so many industries e.g. Taxis, Hotels, Office space, on and on. Even if Chinas economy isn’t doing great right now these things move in cycles. Poverty is significantly dropping across the whole globe and ultimately I think the future is much brighter than it is being painted by these pessimistic academic types that have suddenly lost their clout as people start to value real experience more.