The Knowledge Economy Is Dead: What's Next?

The age-old adage “knowledge is power” has ruled the socio-economic landscape for decades. However, we are currently witnessing a seismic shift in this paradigm. As we navigate through this metamorphosis, we see the dethroning of the knowledge economy and the emergence of a new contender – the intuition economy.

Artificial intelligence (AI), which is rapidly evolving, is becoming proficient at storing, retrieving, and processing vast amounts of data. This ability renders the accumulation of human knowledge less unique and less valuable, as AI is democratizing access to information. The commoditization of knowledge has thus led to the sunset of the knowledge economy.

Welcome to the dawn of the intuition economy – an economy predicated not on the volume of knowledge we possess, but on the innovative and intuitive ways in which we use it. In the intuition economy, success hinges on our ability to make connections between disparate pieces of information, formulate creative solutions, and intuit the right course of action when the path forward isn't clear.

As we move forward, we need to understand and embrace this transition to thrive in the next era of socio-economic evolution.

Read the full article here: https://venturebeat.com/ai/the-knowledge-economy-is-dead-long-live-the-intuition-economy/