Visualizing

Jeff Desjardins writes in Visual Capitalist,

As you can see above, companies like Apple, Amazon, and Microsoft have supplanted traditional blue chip companies that build physical things.

The tech invasion is leveraging connectivity, network effects, artificial intelligence, and unprecedented scale to create global platforms that are almost impossible to compete with. The tech invasion has already taken over retail and advertising – and now invading forces have their eyes set on healthcare, finance, manufacturing, and education.

Amazon is now worth more than every brick and mortar retail store in the U.S. combined!

Jeff writes about eight major forces that are shaping the future of the global economy: Number one is the tech invasion discussed above. Number two is the evolution of money

In today’s unusual monetary circumstances, massive debt loads are just one anomaly.

Here are other examples that illustrate the evolution of money: Venezuela has hyperinflated away almost all of its currency’s value, the “War on Cash” is raging on around the world, central banks are lending out money at negative interest rates (Sweden, Japan, Switzerland, etc.), and cryptocurrencies like Bitcoin are collectively worth over $200 billion.



Of the world's fifty richest billionaires, 12 of them were in tech and their ages are 18 years younger than the rest.

Number four is all about the rise of China. Number five is accelerating technological progress.

Number six is the Green Revolution. Number seven is shifting human geography.

In Western countries and China, populations will stabilize due to fertility rates and demographic makeups. Meanwhile, on the African continent and across the rest of Asia, booming populations combined with rapid urbanization will translate into the growth of megacities, holding upwards of 50 million people.

Number eight is the trade paradox. Read more here.