Capitalism, as we’ve seen it evolve over the last few centuries, has uplifted huge populations out of poverty. Capitalism has also created highly unequal societies, with fortune concentrated at the tip of the economic pyramid. With the march of technology, artificial intelligence, robotics, and rampant automation, this problem will get exacerbated as jobs and professions disappear in huge numbers. Middle classes are being hollowed out in Western societies. Globalization has helped emerging countries expand their middle classes, but these gains will also disappear with automation in the next couple of decades.
What is the future of capitalism? How do we address inequality? Is technology a threat? These questions and more will be discussed in an interactive session.
Speaker: Sramana Mitra is the founder of One Million by One Million (1Mby1M), the first and only global virtual accelerator that aims to help a million entrepreneurs reach a million dollars in revenue and beyond, create a trillion dollars in global GDP and 10 million jobs. Sramana is a serial entrepreneur based in Silicon Valley. She has written 13 books on entrepreneurship, founded 4 technology companies, and has a Masters degree in Electrical Engineering and Computer Science from MIT. Sramana has been a columnist for Forbes, Harvard Business Review, and other publications.