Economist and author George Gilder took an intriguing look at the future of technology and the world economy in his most recent work, Microcosm: The Quantum Revolution in Economics and Technology. As opposed to the macrocosm, he explained, where Newtonian laws of physics apply, the microcosm is governed by the laws of quantum theory. Understanding the microcosm, invisible to the naked eye, is what Prof. Gilder identified as the key to future economic development. He stated in this interview that “the microchip is the most important phenomenon in the world today....It is a technology that truly overthrows matter in the usual sense where things get more powerful as they grow bigger; in the microcosm things grow more powerful as they get smaller.” Read More ›
