Community
Greenspan frequently quotes the concept of "creative destruction" and (I think rightly so) that those who have the culture and the guts to apply creative destruction in a free market environment fare a lot better than those who don't or who stick to conservatism. In my world of IT for the financial industry, creative destruction is second nature, so most of us here in this web-site will have been converts all along.
His article on energy and oil is highly informative, although probably controversial as well. Greenspan advocates nuclear reactors as the only realistic way forward in the medium term and endorses "hybrid" or purely electrical engines there where they could be feasible. He seems rather optimistic that oil/gas supplies do not necessarily run out in the immediate future, but acknowledges that alternatives must (and will) evolve in time.
In short: a highly readable essay by a unique man!
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
Serhii Bondarenko Artificial Intelegence at Tickeron
15 May
Igor Kostyuchenok SVP of Engineering at Mbanq
14 May
Jonathan Hancock Head of Product & Innovation at The ai Corporation
13 May
Aron Alexander Founder and CEO at Runa
12 May
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.