I 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 RifkinMany of the genetically modified foods will be safe, I'm sure. Will most of them be safe? Nobody knows.
Jeremy RifkinWhat the public needs to understand is that these new technologies, especially in recombinant DNA technology, allow scientists to bypass biological boundaries altogether.
Jeremy RifkinThe revolution here is from hierarchical to lateral power. That's the power shift. So increasingly a younger generation that's grown up on the internet and now increasingly distributing renewable energies, they're measuring politics in terms of a struggle between centralized, hierarchical, top-down and closed and proprietary, versus distributed, open, collaborative, transparent. This shift, from hierarchical to lateral power, is going to change the way we live, the way we educate our children, and the way we govern the world.
Jeremy RifkinThe very notion that millions of workers displaced by the re-engineering and automation of the agricultural, manufacturing, and service sectors can be retrained to be scientists, engineers, technicians, executives, consultants, teachers, lawyers and the like, and then somehow find the appropriate number of job openings in the very narrow high-tech sector, seems at best a pipe dream, and at worst a delusion.
Jeremy Rifkin