Facebook's a wonderful, incredible way to bring humanity together. They've brought together 2 billion people in the largest fictional family in history. So young people are starting to empathize with each other through Facebook across the globe. This is wonderful. However, when everyone needs Facebook because it's so successful that everyone's on it, then it starts to look like a global public utility, a public good. Same with Amazon.
Jeremy RifkinUsing less of the Earthโs resources more efficiently and productively in a circular economy and making the transition from carbon-based fuels to renewable energies are defining features of the emerging economic paradigm. In the new era, we each become a node in the nervous system of the biosphere.
Jeremy RifkinI think capitalism will not disappear, but it's going to increasingly not be the exclusive arbiter of economic life. It's going to have to find value in interacting with the sharing economy on many levels. And this hybrid system that's already emerging among millennials is going to be a mature system where, by midcentury, part of the day will be in the capitalist market, part of the day in the sharing economy, depending on your marginal costs.
Jeremy Rifkin