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The Third Industrial Revolution and a Zero Marginal Cost Society
Jeremy Rifkin will lay out a “Game plan for the future”, referring to the advent of a smart green digital economy as part of the Third Industrial Revolution. Rifkin argues that we are about to experience fundamental changes to our societies and economies, as a result of the digitalization of communication, energy, and transportation. Together, a digitalized communication Internet, a digitalized renewable energy Internet, and a digitalized automated Transportation and Logistics Internet, will create a super-Internet of Things infrastructure. This Internet of Things infrastructure will have to be scaled up and supported in order to enable the transition to a Third Industrial Revolution. Rifkin considers the European Union and China leaders in this quest for change. He highlights, in particular, the economic and social opportunities that could arise from such a transition.