This post is in reaction to two articles in this week’s Economist..
The first article shows how the insurance industry is using digitization to sell more insurance to those who need it the least. The second article talks about digitization as a factor of economic growth.
Perhaps the real issue for the second article is how digitization can be used so the marketing people can con us into working our butts of so we can purchase more goods and service we don’t really need for the sake of economic growth.
What we really need is some way of evaluating things such as music, arts, crafts, exercise and meditation so they can be included in gross national product. They could then become the growth industries of the future.
Filed under: Economics | Tagged: advertising, arts, crafts, digitization, economic growth, Economics, exercise, goods and services, gross national product, insurance industry, marketing, meditation, music |