Hello everyone. I hope all is well with you. I’m back today and I’m talking about a term I heard this week. It’s called “Intellectual Capitalism.”
Photo via Visual Hunt
What is intellectual capitalism? That is a very good question and below is the definition.
Intellectual capitalism (IC) can be interpreted as a convergence of a capitalist economy and a knowledge or information economy. It refers to an economic system with basic capitalist institutions in which productive assets and processes, as well as commercial transactions and products, are predominantly intellectual or non-material rather than physical in nature.
Watch the video below from BigThink.com. They explain it in layman’s terms.
So what does this mean? It means intellectual capital is where the future is headed. Repetitive jobs are going to be wiped out, taken over by robots. But there are still some things robots can’t do, like interpret human behavior or analyze emotions. So there’s still hope for the human race! My interpretation of this is any person who’s creative and has analytical skills will be in high demand. That’s where the jobs are going to be. So the future looks bright for us writers and artists. We’re creative and analytical, wouldn’t you agree?
Photo via Visual hunt
So brush up on those writing skills my friends they’re going to be in high demand!
Thanks for stopping by this morning and reading my post. Sorry to say, but I had a birthday this week so my post is short and sweet. I’ll return next week with a longer post!
What do you think about the future? Do you agree? Let me know. Leave a comment! I’d love to hear from you!