Mark Cuban Quotes
Technological change always accelerates. It never stagnates over time. Which means we are going to face the fact that, if nothing in the States changes, we will find ourselves dependent on other countries for almost everything that can and will be manufactured in a quickly approaching future.
Cuban, Mark. Blog Maverick, Mark Cuban, 2017.
At the time Vidal, who shared this view with many economists, had no inkling of the digital revolution that the PC and Internet would bring, nor the other phenomena that eliminated the need for cheap labor — robotics and offshoring. Nor could he have foreseen the development of fracking making America virtually energy independent as it was before WWII. It appears that the problem has shifted from Vidal's issues, to that of what do we do with the American citizens who do not have advanced skills nor do we have methods of educating them and training them to this level. The quotation illustrates that it is always difficult predicting the future, but particularly hazardous when it comes to economics.
Luddism was a British anti-technology movement whereby the Luddites sabotaged and destroyed manufacturing machinery.
to a carriage on wheels At the time Jefferson had never seen a train.
Mark Cuban is an American billionaire entrepreneur, television personality, media proprietor, and investor, whose net worth is an estimated $4.3 billion, according to Forbes, and ranked #177 on the 2020 Forbes 400 list. He is the owner of the National Basketball Association's (NBA) Dallas Mavericks, co-owner of 2929 Entertainment, and chairman of AXS TV. He is also one of the main "shark" investors on the ABC reality television series Shark Tank.