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- W2599992273 abstract "We look at the millennials future using mathematical concepts rather than the usual handwaving, anecdotal form of arguments in developing socio-economic hypotheses. We do not provide a mathematical model simply because socio-economic dynamics appears far too complex for human understanding at present, especially if confronted with unexpected, and rapidly changing events. Hence, we have tried to develop an understanding of the millennials future based on a set of mathematical concepts which appear to be driving their destiny. We conclude that their future will include remarkable achievements in science, technology, engineering and mathematics (STEM) at a stunning pace during their lifetime, but it will also lead to unprecedented turmoil in their lives. The world will be polarized into two classes: (1) those with STEM education and the ability to continuously update their STEM knowledge to stay employed (the “haves”), and (2) those lacking such ability (the “have-nots). Other coexisting forms of polarization based on, e.g., nationality, religion, culture, life style, etc. will be secondary. In the face of continuing STEM achievements, the two hallmarks of human civilization, (1) religion will take a huge hit in credibility and (2) nationalism for the “haves” will gradually turn into globalism. The STEM triggered decline of religion and nationalism will reshape human civilization. All present forms of national government will come under attack; the democratic form too will crumble because politicians (widely seen as self-serving) will no longer be benignly ignored but actively despised and ousted. The “haves” will likely devise a benign form of world government run by elites, largely invisible to the public, but accessible via the Internet of Intelligent Things (IoIT). The reward of being good citizens will be gainful employment and secure retirement, the equivalent of paradise on earth." @default.
- W2599992273 created "2017-04-07" @default.
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- W2599992273 date "2017-01-01" @default.
- W2599992273 modified "2023-09-25" @default.
- W2599992273 title "The Polarizing World of the Millennials" @default.
- W2599992273 doi "https://doi.org/10.2139/ssrn.2919816" @default.
- W2599992273 hasPublicationYear "2017" @default.
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