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Aspen Institute Report Portrays Future Global Economy Reshaped by Rapid Technological Innovation, Networking and Automation



   Aspen Institute Report Portrays Future Global Economy Reshaped by Rapid
             Technological Innovation, Networking and Automation

PR Newswire

WASHINGTON, Feb. 11, 2013

'Power-Curve Society' examines rising economic inequality, challenges to
existing institutions and conceptions of value, and an imminent "personal data
revolution"

WASHINGTON, Feb. 11, 2013 /PRNewswire-USNewswire/ -- The Aspen Institute
Communications and Society Program today released a report that offers a
sweeping look at how technological innovation is restructuring productivity
and lays out the social and economic impact resulting from these changes.
"Power-Curve Society: The Future of Innovation, Opportunity and Social Equity
in the Emerging Networked Economy," written by David Bollier, addresses the
growing concern about the technological displacement of jobs, stagnant middle
class income, and wealth disparities in an emerging "winner-take-all" economy.
It also examines cutting-edge innovations in personal data ecosystems which
could potentially unlock a revolutionary wave of individual economic
empowerment. Read it at http://as.pn/powercurve. On Twitter: use #powercurve
and follow @aspencs.

The report derives from the Aspen Institute's Communications and Society
Program's 21st annual Roundtable on Information Technology, held in Aspen last
August. It includes insights from MIT Media Lab Director Joi Ito, Federal
Communications Commission Chairman Julius Genachowski, Cisco's Padmasree
Warrior, MIT Economists Andrew McAfee and Erik Brynjolfsson, Reputation.com
CEO Michael Fertik,  and Khan Academy President and CEO Shantanu Sinha, among
many others.

"Power-Curve Society" considers the broad implications of a globally networked
economy that allows greater ease of transactions but relies less on human
workers to carry them out. In this emerging technologically accelerated
economy, wealth increasingly concentrates in the hands of a few rather than
spreading itself out across the larger population (i.e., the traditional "bell
curve" of normal distributions). The Report explores the mechanisms of this
phenomenon and its suspected role in "hollowing out" the American middle
class. It also questions contemporary measurements of equality, well-being and
value in the digital age; and it surveys the ways that cloud computing, Big
Data and collaboration are redefining work and commerce.

Along with examining the historical relationship between innovation and
productivity, "Power-Curve Society" assesses the increasing speed by which new
technologies are outpacing social and institutional capabilities. It then
presents groundbreaking new frameworks for rethinking entrenched notions of
jobs, learning, skills, entrepreneurship and public policy to better brace
everyone, rich and poor, for the unrelenting future.

"This report lays out some of the gravest issues that face us," said Charlie
Firestone, Executive Director of the Communications and Society Program, "and
the solutions and insights gathered by David Bollier come from some of the
brightest minds leading the charge."

"Power-Curve Society: The Future of Innovation, Opportunity and Social Equity
in the Emerging Networked Economy" is the result of a three-day Aspen
Institute dialogue that convened venture capitalists, economists, management
gurus, technologists, and innovators in business, education, philanthropy and
government to address the topic. Dialogue participants who shared their
insights in this report include  John Seely Brown, Co-Chairman, Deloitte
Center for the Edge; Erik Brynjolfsson, Director, MIT Center for Digital
Business; Zoe Baird Budinger, President, Markle Foundation; Michael Fertik,
Founder and CEO, Reputation.com; Shane Green, President and CEO, Personal.com;
Julius Genachowski, Chairman, Federal Communications Commission; Reed Hundt,
 Former Chairman, Federal Communications Commission; Joi Ito, Director, MIT
Media Lab; Leila Janah, Founder and CEO, Samasource; James Manyika, Director,
McKinsey Global Institute; Andrew McAfee, Principal Research Scientist, MIT
Center for Digital Business; Shantanu Sinha, President and CEO, Khan Academy;
Padmasree Warrior, Chief Technology and Strategy Officer, Cisco Systems; and
others. Charlie Firestone, Executive Director, Communications and Society
Program, moderated the Roundtable. A complete list of participants is in the
Report. Read it at http://as.pn/powercurve.

About The Aspen Institute
The Aspen Institute Communications and Society Program serves as a
non-partisan venue for global leaders and experts to exchange insights on the
societal impact of advances in digital technology and network communications.
It also creates a multidisciplinary space in the communications policy-making
world where veteran and emerging decision-makers can explore new concepts and
develop new policy networks. Its annual Aspen Institute Roundtable on
Information Technology examines the implications of emerging information
technologies on societies, governments, communities, and individuals, and the
new leadership roles that are required. Learn more at
www.aspeninstitute.org/c&s and follow the Communications and Society Program
on Twitter @aspencs

The Aspen Institute is an educational and policy studies organization based in
Washington, DC. Its mission is to foster leadership based on enduring values
and to provide a nonpartisan venue for dealing with critical issues. The
Institute is based in Washington, DC; Aspen, Colorado; and on the Wye River on
Maryland's Eastern Shore. It also has offices in New York City and an
international network of partners. For more information,
visit www.aspeninstitute.org.

SOURCE The Aspen Institute

Website: http://www.aspeninstitute.org
Contact: Peter T. Keefer, Communications and Society Program, The Aspen
Institute, +1-202-736-5800, peter.keefer@aspeninst.org
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