At Davos, Technology CEOs Discuss The Digital Economy

Amie Colquhoun, Don Tapscott, Jan 26, 2015
Commentary by Stephen Downes

Don Tapscott reports from Davos, where they're learned that we need alternative energy sources, that we have to deal with global warming, and that education matters. Of course, they say lots of things (publicly) at Davos. "For the first time in history, economic growth is not generating a meaningful number of new jobs. Factor in the hangover from the financial collapse of 2008 and we’re witnessing youth unemployment levels across the western world from 15 to 60 percent. But panelists said that this was a temporary problem and not a structural problem." I disagree. Half the world's wealth is in the hands of a tiny minority. That's a structural problem, and it explains today's youth are unemployed instead of solving energy problems, addressing global warming, and benefiting from a free and global education system. See also this earlier Tapscott article on Davos 2015.

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