Intangible Innovations Drive Pervasive Change

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[ The Note for May 2014 ]

When we try to judge what comes next, economically, scientifically, politically and culturally, we have some very specific and significant limitations. We can only use past experience and our perceptions about our current situation to make judgments about what has not yet happened. We can only quantify what is quantifiable, and what is not observable can hardly be quantified. When we think about future roads, we tend to look at roads we have now; when we think about future energy, we tend to look at combustible fuels as the most commonplace and naturally occurring way of harvesting energy for human uses. When we think about economic behavior, we tend to assume that all future values will be related to what we are already observing now. The intangible element of human thought, innovation, collaboration and discovery, is generally left out, leaving us looking through a very problematic blind spot.

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