Economies around the world have been growing, new technologies have made companies more efficient and for a variety of reasons — globalization and automation chief among them — workers have not been able to demand big pay increases.
So, while exponential growth is not a self-fulfilling proposition, there is feedback, which leads to a sort of technological imperative: as there is more technological or scientific knowledge on which to grow, new technologies increase the speed at which they grow.
This produced a hunting economy providing food and great quantities of bone, horn, skin, sinews, and, while the mammoth lasted, ivory; with it grew new technologies exploiting the unique properties of materials hitherto unworkable because of their hardness.
Collective Media says it will utilize the new funds to grow its network, develop new technology, expand internationally and explore acquisitions.
Ybrant Digital says it will use this new round of funding to grow its reach, develop new technology, expand internationally and explore acquisitions.
With the new $10 million in financing it received, MiTu plans to add more staff to develop new technology and grow its in-house content production team.
"Latin America has the potential to be one of the world's fastest-growing new technology markets".
"This legislation will enable UK and EU business to lead this growing market and develop new technologies and businesses".
Again, it involves that odd relationship that is growing between new technology and the old-fashioned wheel.
If there is one lesson we should have learned in the last few years, it's that if we don't make the necessary investments in new technologies and grow new industries, our competition will.
