* The Boomers - The Next 20 Years
Submitted by Larry Kortkamp on Fri, 01/16/2009 - 02:34
in
In much the way that limited liability corporations and the founding of the stock exchange defined today’s economic ground rules, grassroots economic experiments are creating the structures for a new kind of economy with new ways of organizing key
economic processes. Open-source production will create a volunteer workforce of millions. Peer-to-peer exchanges will turn supply chains into flexible, ad hoc networks.
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New kinds of commons will create new resources and platforms for creating wealth. As Eric Raymond says: “The closed-source world cannot win an evolutionary arms race with open-source communities that can put orders of magnitude more skilled time into a problem.”
This is an excerpt from a research paper entitled "The Boomers, The Next 20 Years" a study prepared in part by the Institute for the Future.
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