‘Two massive technological transformations’

We are in the midst of two massive technological transformations — one in the energy sector occasioned by shale, and the other due to a digital revolution that encompasses the innovations in Internet technologies, mobility, applications, and digitalization. It all adds up to rapid changes that test skills, adaptability, and, in some cases, institutional survival.

-Mohamed A. El-Erian The Only Game in Town: Central Banks, Instability and Avoiding the Next Collapse


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