The myth on which the techno-enthusiasts hang their hopes is that new innovations will continue to create new markets and more growth.

Except in order to stoke and accelerate growth, new, paradigm-busting inventions like smartphones, robots, and drones must not only keep coming, but keep coming faster and faster.

The math doesn’t work: We are quickly approaching the moment when we will need a major, civilization-changing innovation to occur on a monthly or even weekly basis in order to support the rate of growth demanded by the underlying operating system.

Such sustained exponential growth does not occur in the natural world, except maybe for cancer — and that growth ceases once the host has been consumed.

Read more "The Biggest Digital Companies Are Decimating The Economy" from @Medium's weekly #TeamHuman serialization https://medium.com/team-human/the-biggest-digital-companies-are-decimating-the-economy-f6d987ba9484