http://www.kurzweilai.net/33-million-people-in-the-room Accelerating Intelligence Fri, 24 May 2013 17:50:20 +0000 hourly 1 http://wordpress.org/?v=3.4.1 http://www.kurzweilai.net/33-million-people-in-the-room/comment-page-1#comment-2754 Gill Tue, 08 Mar 2011 04:50:20 +0000 http://www.kurzweilai.net/?p=111625#comment-2754 Seventy percent of the U.S. GDP depends on consumers buying stuff. Over the last two decades, the inflation adjusted income of the first sixty percent (in terms of inflation adjusted income) of consumers has declined by 12 percent to 15 percent (depending on how the analysis is done). The consumers in the U.S. are getting poorer at an exponential rate. No matter how much social networking is used or how fancy the advertisements, business models based on the ideas of this book will fail on the average. Some will succeed spectacularly, but most will fail in the U.S. The same will be true worldwide, but the analysis is more complex. Seventy percent of the U.S. GDP depends on consumers buying stuff. Over the last two decades, the inflation adjusted income of the first sixty percent (in terms of inflation adjusted income) of consumers has declined by 12 percent to 15 percent (depending on how the analysis is done). The consumers in the U.S. are getting poorer at an exponential rate. No matter how much social networking is used or how fancy the advertisements, business models based on the ideas of this book will fail on the average. Some will succeed spectacularly, but most will fail in the U.S. The same will be true worldwide, but the analysis is more complex.

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