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Tim O’Reilly | We Can Predict the Future Only by Learning to Map the Present

Hidden Forces

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The Financialization of the Economy

The financial markets, the issue of divergent values in the derivative layer of society from the underlying real economy is so enormous and so impactful. I mean, we're living in the aftermath of the crisis of 2008 that we still haven't fully escaped as a result of much of the private debt that the financial sector created. It's really unclear how to resolve that because of the layers of regulations that benefit the largest banks and the largest financial institutions. You know, can you get people to bet on your startup if you want to bring it back to the startup economy? As opposed to what do you actually get from delivering a service to someone?

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