xl
classes where active seniors teach elementary school children. These are like the
killifish schools in which even the teachers themselves find themselves learning. It
would not be surprising if the education industry will be hiring the largest number
of employees in 2050.
Developed Countries Can Achieve Economic Growth
In the past, only a small portion of the privileged class could afford to ride on horsedrawn carriages or palanquins, while public traveled on foot. Even when automobiles appeared, the situation remained unchanged. However, when Henry Ford
developed a standardized mass production system with the goal of “making automobiles affordable for all employees,” and as a result productivity dramatically
improved, prices of automobiles were reduced to a tenth, resulting in 100 times
more people were buying cars. This caused a positive spiral that expanded the market size by tenfold. Such is the basic relationship between innovation and economic
growth. However, does that mean that there are no more seeds of economic growth
in developed countries, in which people already have a given level of material
wealth?
Fig. 28 Human resources development is the most important business. (Courtesy: Platinum
Society Network)
Preface: From “Vision 2050” to “New Vision 2050”
classes where active seniors teach elementary school children. These are like the
killifish schools in which even the teachers themselves find themselves learning. It
would not be surprising if the education industry will be hiring the largest number
of employees in 2050.
Developed Countries Can Achieve Economic Growth
In the past, only a small portion of the privileged class could afford to ride on horsedrawn carriages or palanquins, while public traveled on foot. Even when automobiles appeared, the situation remained unchanged. However, when Henry Ford
developed a standardized mass production system with the goal of “making automobiles affordable for all employees,” and as a result productivity dramatically
improved, prices of automobiles were reduced to a tenth, resulting in 100 times
more people were buying cars. This caused a positive spiral that expanded the market size by tenfold. Such is the basic relationship between innovation and economic
growth. However, does that mean that there are no more seeds of economic growth
in developed countries, in which people already have a given level of material
wealth?
Fig. 28 Human resources development is the most important business. (Courtesy: Platinum
Society Network)
Preface: From “Vision 2050” to “New Vision 2050”