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We are heading toward a totally different type of economy. The term “information economy” is repeatedly used, but this does not fully describe what is happening. Information becomes valuable when it is connected to intelligence, either human or machine….[M]achine intelligence will grow at a furious rate, but it will be mainly alien intelligence, not human‐like artificial intelligence. What is evolving is an “intelligent‐Web economy,” with corporations designed for increasingly automated, increasingly intelligent, worldwide interaction with inter‐laced virtual operations. Such corporations will increasingly be non‐national, with capital, management, talent, and resources coming from around the planet.

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