An interesting historical look at how the best creators make all the money.
“The internet makes it possible for many knowledge employees to work from anywhere. The earning potential of (many of) the most productive employees is no longer capped by geography. As a result, we will see the emergence of a new class of people earning salaries that are an order of magnitude higher than what we saw in previous decades.”
“I call this new layer of professionals the 10X Class. Several other trends support their emergence. As machines take up more of our repetitive and predictable tasks, the value of human creativity goes up. Concurrently, creative people can use technology to streamline routine tasks and focus only on what they do best — thus multiplying their own productivity. And as bandwidth and technologies of presence continue to improve, the number of tasks that can be performed remotely increases. Hence, these dynamics will spread to more sectors of the economy.”
via @RobStretch
“The internet makes it possible for many knowledge employees to work from anywhere. The earning potential of (many of) the most productive employees is no longer capped by geography. As a result, we will see the emergence of a new class of people earning salaries that are an order of magnitude higher than what we saw in previous decades.”
“I call this new layer of professionals the 10X Class. Several other trends support their emergence. As machines take up more of our repetitive and predictable tasks, the value of human creativity goes up. Concurrently, creative people can use technology to streamline routine tasks and focus only on what they do best — thus multiplying their own productivity. And as bandwidth and technologies of presence continue to improve, the number of tasks that can be performed remotely increases. Hence, these dynamics will spread to more sectors of the economy.”
via @RobStretch
