Unless, that is, another technological advance like the one that gave rise to the lines puts them out of business.
As a general rule, technological achievement rises fastest in poor and middle-income countries and then levels off as these countries approach Western living standards (see chart 3).
With so much talk about the growth of cities, the internet of things, the role of regulation in an era of rapid technological change, rising congestion and the need to open the doors of opportunity wider to all segments of the population, change is needed.
In any case, given the state of current technological trajectories, rising shares of services throughout would imply an anti-trade bias, given a still higher trade-propensity of manufacturing.
He explores the set of forces — political, legal and technological — that gave rise to America's increasing reliance on this tactic as a response to terrorism.
Some say it's beyond our control, pointing to market forces like globalization, trade liberalization, the technological revolution, the "rise of the rest".
A computer systems engineer developing new business models based on the cloud may find his productivity and earning power significantly reduced if he is relocated to a metropolitan area with far fewer firms and workers operating at the technological frontier.As costs rise in Silicon Valley, which type will move away first?
This is mainly because of two broad technological shifts: the rise of the smartphone and the advent of cheaper and easy-to-deploy, customizable "cloud" software.
He is unable to put his weary mind to rest as he contemplates technological unemployment, the rise of the machines and a coming social revolution.
It also evokes the newness and renegotiation of power that came with the technological shifts and rise of women in politics.
In the end, he noted, intelligent regulation always resulted in a forcing function for technological innovation, giving rise to new industries and efficiencies.
