The United States of America is in the process of creating a new class of Promethean entrepreneurs. Dr. Herrera 's new book American Prometheus: the Fire Bell of Revolution: 2020-2030 challenges our outdated ways of thinking about technological innovation. Dr. Herrera explains why Promethean innovations are now forming the essential infrastructure of technological capitalism.
This new class of American entrepreneurs has replaced the 20th-century middle-class entrepreneurs.
The old middle-class industrial capitalism has been replaced by 21st-century technological capitalism. The "fast future " of accelerated technological changes is based on a revolutionary paradigm shift from local and linear world-view to a global and internet connected world. This creates a generational 10x capability of using newer 21st Century technological tools versus the 2x generational ability to manipulate 20st-century technological tools.
We are now using exponentially new information technologies. The 20th Century middle class is locked into a much slower rate of change. The 20th Century politicians are unable to compete with the complex interaction between the millennial generation and exponential new technologies. Both Democratic and Republican politicians cannot deal with this massive reconstruction of American society. Dan Sullivan clearly echos this paradox, "Choose to make your Future bigger than your Past".
Why are the American politicians behind the "eight ball"? They are unable to create a political agenda that incorporates the massive changes that are driving the Fourth Industrial Revolution. They are slowing down the necessary progress to reconstruct American society. What do they not understand?
The Fourth Industrial Revolution is the foundation for the new Technological Capitalism This involves the following areas of changes: microcomputer, miniaturization, Execo-skeleton, internet world, robotics, autonomous car, medical implants, alternative energy, artificial intelligence,, industrial real estate, human 3 D printers, nanorobots, autonomous cars, cybercrime, biological programming, digital human brain, robotic people, aging revolution, virtual reality and genetic shifting of DNA.
The new technological money will be created by a new cryptocurrency- Facebook will duplicate the success of the Chinese app WeChat for its American audience. Facebook will set up a new non-profit corporation incorporated in Switzerland.
The idea of Swiss financial independence and neutrality will allow for a worldwide audience of consumers. The Facebook organization will be the promoters of the $ 2 Billion Libra "money". The Libra coin will allow individuals without bank accounts and credit to become part of the financial revolution.
The new currency will be backed by a basket of currencies and major financial corporation which will allow for currency stability. The financial guarantee will most likely be denominated in $300 to $500 million dollars of 30 year U.S. Treasury bonds. All accounts will be secured by the full faith and credit of the U.S. government.
What is the new Promethean mindset? The new entrepreneurs have harnessed the profound changes created by the Fourth Industrial Revolution. The Promethean entrepreneurs have developed an integrated mindset to reduce the complexity of change into an operational mindset of economic success.
The 10X model generates incredible gains in a short period of time. This new 10X model is based on global internet and exponential growth of new information technologies. The "Fast future" has been reduced into a series of critical operations and allows for expansion of new 21st Century businesses.
The essence of the Promethean mindset is that it leads to simpler and more efficient solutions to technological complexity. People pay for simple solutions that make their lives comfortable and easier to deal with technological changes. The new business solutions are now ready for the marketplace and generate a path of wealth creation.
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