000 05017nam a2200829 i 4500
001 11394965
003 CaPaEBR
005 20241023114853.0
006 m eo d
007 cr cn |||m|||a
008 170630s2017 nyu foab 001 0 eng d
020 _a9781631578670
_qe-book
035 _a(BEP)4873513
035 _a(OCoLC)992170595
035 _a(CaBNVSL)swl00407529
040 _aCaBNVSL
_beng
_erda
_cCaBNVSL
_dCaBNVSL
050 4 _aHC79.T4
100 1 _aGada, Kartik,
_eauthor.
245 1 4 _aThe Accelerating TechnOnomic Medium ('ATOM') :
_bit's time to upgrade the economy /
_cKartik Gada.
250 _aFirst edition.
264 1 _aNew York, New York (222 East 46th Street, New York, NY 10017) :
_bBusiness Expert Press,
_c[(c)2017.]
300 _a1 online resource (xvii, 141 pages)
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _adata file
_2rda
490 1 _aService systems and innovations in business and society collection,
_x2326-2699
504 _aIncludes bibliographical references (page 137) and index.
505 0 _a1. The exponential trendline of economic growth --
_t2. Technological disruption is pervasive and deepening --
_t3. The overlooked economics of technology --
_t4. Current government policy will soon be ineffective --
_t5. Government policies must adapt, and quickly --
_t6. The atom transformation of specific industries and communities --
_t7. Reframing "inequality" --
_t8. Implementation of the atom age for nations --
_t9. Implementation of the atom age for individuals --
_t10. The atom's effect on the final frontier --
_t11. Conclusion --
_t12. The campaign to make this a reality --
_tFAQs --
_tReferences --
_tIndex.
506 _aAccess restricted to authorized users and institutions.
520 3 _aThe accelerating pace and diffusion of technological change has taken control of an ever-growing fraction of the world economy. This fraction is being assimilated into a different set of economic fundamentals, such as the rapid and exponential price deflation inherent to technology. The effect of this was insignificant until recently, but is now beginning to create conspicuous distortions in many economic metrics, and is just years from being the dominant force across the entire economy. In response to technological deflation, the central banks of the world will have to create new money in perpetuity, increasing the stream at an exponentially rising rate much higher than is currently assumed. This now-permanent need for monetary expansion, if embraced, can fund government spending more directly. This in turn creates a very robust, dynamic, and efficient safety net for citizens, while simultaneously reducing and even eliminating most forms of taxation by 2025. Failure to recognize that technological deflation mandates permanent and ever-rising central bank monetary expansion that can and should gradually become the primary source of government spending will precipitate a major financial crisis starting as soon as 2017. The nature of current worldwide technology is to link various disruptions with each other, consume monetary liquidity to generate deflation, and lower the effective prices of most goods and services over time. Therefore, the entirety of worldwide technology has to be seen as a holistic economic entity, and can be defined as the "Accelerating TechnOnomic Medium," or "ATOM."
530 _a2
_ub
530 _aAlso available in printing.
538 _aMode of access: World Wide Web.
538 _aSystem requirements: Adobe Acrobat reader.
588 _aTitle from PDF title page (viewed on June 30, 2017).
650 0 _aTechnological innovations
_xEconomic aspects.
650 0 _aEconomic policy.
653 _aaccelerating change
653 _aartificial intelligence
653 _aATOM
653 _aautomation
653 _aBank of Japan
653 _abasic income
653 _abig data
653 _acomputer vision
653 _adata science
653 _adeep learning
653 _adeficit
653 _aEuropean Central Bank
653 _aExoplanet
653 _aFederal Reserve
653 _aGDP
653 _aincome tax
653 _amachine learning
653 _amonetary policy
653 _anational debt
653 _anatural language processing
653 _aquantitative easing
653 _arobotics
653 _asingularity
653 _atax
653 _atechnological deflation
653 _atechnological progress
653 _atechnological unemployment
655 0 _a[genre]
655 0 _aElectronic books.
776 0 8 _iPrint version:
_z9781631578663
830 0 _aService systems and innovations in business and society collection.
_x2326-2699
856 4 0 _uhttps://go.openathens.net/redirector/ciu.edu?url=https://portal.igpublish.com/iglibrary/search/BEPB0000624.html
942 _2lcc
_bCIU
_cOB
_eBEP
_QOL
_zBEP11394965
999 _c73359
_d73359
902 _c1
_dCynthia Snell