{"id":45994,"date":"2014-01-06T20:18:40","date_gmt":"2014-01-07T01:18:40","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=45994"},"modified":"2014-01-06T20:18:40","modified_gmt":"2014-01-07T01:18:40","slug":"if-this-doesnt-get-you-excited-about-the-future-and-technology","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2014\/01\/06\/if-this-doesnt-get-you-excited-about-the-future-and-technology\/","title":{"rendered":"If This Doesn\u2019t Get You Excited About The Future and Technology\u2026"},"content":{"rendered":"<p>By <a href=\"http:\/\/www.MoneyMorning.com.au\" target=\"_blank\"><u>MoneyMorning.com.au<\/u><\/a><\/p>\n<p>People often ask us how we can be so positive about the  future when the headlines are full of depressing news.<\/p>\n<p>You only have to look at the front page of the <em>Bloomberg News<\/em> website on any given day  to see what they mean.<\/p>\n<p>More often than not the top story involves the latest mess  involving central banks or governments. Most of the time it&#8217;s a story about how  they&#8217;re trying to head off the next disaster.<\/p>\n<p>What a sad state of affairs. And yet if you strip away the  gloomy headlines and look at what&#8217;s really going on in the world, you&#8217;ll find  that today is perhaps the most exciting and potentially rewarding period in the  history of the Earth.<\/p>\n<p>And we&#8217;ve got the picture that proves it&#8230;<\/p>\n<p>You&#8217;ve probably heard of compounding returns in the context  of <a href=\"http:\/\/www.dailyreckoning.com.au\/category\/investing\/\" title=\"more on investing from the Daily Reckoning\">investing<\/a>.<\/p>\n<p>If you put money in the bank it will earn interest. When the  bank credits that interest to your account it also begins to earn interest.  When the bank credits that interest to your account, that interest earns  interest too. And so on.<\/p>\n<p>That&#8217;s compounding your investment returns. Your initial  investment helps you earn a return. That return then &#8216;works&#8217; with your initial  investment to produce an even <em>bigger<\/em> return.<\/p>\n<p>What you may not realize is that you can apply the same  compounding principle to <strong>technology<\/strong>.<\/p>\n<h2>Progress Hundreds of Thousands of Years in the Making<\/h2>\n<\/p>\n<p>Compound interest is one of the investing world&#8217;s  under-appreciated investment tricks. It&#8217;s investing for the <a rel=\"nofollow\" href=\"http:\/\/pro1.portphillippublishing.com.au\/176949\/\">super-patient<\/a>.  It&#8217;s not a get-rich-quick scheme. The fact is that making money from compound  interest takes time&#8230;a long time.<\/p>\n<p>It can take 20 or 30 years before the earned interest  reaches a level that makes the returns truly spectacular.<\/p>\n<p>But if that seems like a long time, it&#8217;s nothing compared to  the time taken to reap the rewards from <strong>technological compounding<\/strong>. We&#8217;re not  talking about two or three decades. <em>We&#8217;re  talking hundreds of thousands of years.<\/em><\/p>\n<p>Through most of history<a href=\"http:\/\/www.moneymorning.com.au\/category\/technology-and-innovation\" title=\"more on technology and innovation \"> technology<\/a> didn&#8217;t change. And when  it did change the improvement from one technology to the next was hardly  noticeable.<\/p>\n<p>That was fine for the people living through those times.  They didn&#8217;t expect things to change. So they weren&#8217;t disappointed when things  didn&#8217;t change for the better. The way of doing things was the same throughout  their entire life. It had been the same throughout their parents&#8217; entire lives  too, and their grandparents&#8217;.<\/p>\n<p>Any yet, that&#8217;s not to say that things weren&#8217;t changing.  It&#8217;s just that the changes were so small that those at the time couldn&#8217;t see  the change happening.<\/p>\n<p>That&#8217;s the way things went for tens and hundreds of  thousands of years. That was until big changes started to happen around the  time of the Industrial Revolution.<\/p>\n<p>Change and advances in technology became more noticeable.  But still, these changes were tiny compared to the advances in technology we&#8217;ve  seen in recent years. And if the trend continues, <a rel=\"nofollow\" href=\"http:\/\/pro1.portphillippublishing.com.au\/176951\/\">the advances  will only become more spectacular.<\/a><\/p>\n<p>That&#8217;s where we&#8217;ll show you pictorial proof of how the  advance of technology is happening at a rate that surpasses all innovations in  the history of mankind.<\/p>\n<h2>The Trigger Point for Technological Advance<\/h2>\n<\/p>\n<p>The chart below shows how technology has taken off over the  past century. The chart only goes back to 1400. But in reality you could extend  that almost flat line to the left and keep going until it went back to the dawn  of humanity.<\/p>\n<div align=\"center\"><a href=\"http:\/\/portphillippublishing.com.au\/images\/MPR20140107aa.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/portphillippublishing.com.au\/images\/MPR20140107aa.jpg\" width=\"368\" height=\"264\" border=\"0\"><\/a><br \/>\n<strong>Source: Miovision<\/strong><br \/>\n<em><a href=\"http:\/\/portphillippublishing.com.au\/images\/MPR20140107aa.jpg\" target=\"_blank\">Click to enlarge<\/a><\/em><\/div>\n<\/p>\n<p>As we mentioned above, things really began to change after  the Industrial Revolution. That was when technological advances really began to  &#8216;compound&#8217;. It was the trigger point, the &#8216;bend in the knee&#8217; as the world began  an exponential rise in technological advancement unseen in history.<\/p>\n<p>The compounding of technology occurred as &#8216;new&#8217; technology  could help develop an even &#8216;newer&#8217; and more sophisticated technology. From here  the <a href=\"http:\/\/pro1.portphillippublishing.com.au\/176951\/\">advance of technology would continue at an ever increasing rate  of knots<\/a>.<\/p>\n<h2>A Limitless Opportunity in Technology<\/h2>\n<\/p>\n<p>Now, a mathematician or physicist may look at that chart and  point out that an exponential gain can&#8217;t go on forever. They&#8217;ll say that in a  world of finite resources there is a limit to how much anyone can produce of  anything.<\/p>\n<p>They&#8217;ll use the example of the rice and the chessboard. If  you start by putting one grain of rice on the first square of a chessboard and  then double the amount on each subsequent square (eg. 1, 2, 4, 8, 16, etc&#8230;) the  total amount of rice on the chessboard would rise to the height of Mt Everest  and equal more than 1,000 times the world&#8217;s annual rice production! (Do the  maths if you don&#8217;t believe us.)<\/p>\n<p>That&#8217;s exponential growth. You don&#8217;t notice the change early  on, and it seems incomprehensible that the number could grow so big. But it  does. And the same thing is playing out in <a href=\"http:\/\/www.dailyreckoning.com.au\/category\/technology-investments\/\" title=\"more on technology from the Daily Reckoning\">technology<\/a>.<\/p>\n<p>Of course, we&#8217;re not about to fly in the face of maths. But  what if there was a circumstance where the resource was infinite? What if there  was no limitation to what technology and humanity could achieve?<\/p>\n<p>This is something technology analyst Sam Volkering and your  editor have followed in <em>Revolutionary  Tech Investor<\/em>, the premium technology investing advisory service.<\/p>\n<p>We call it the &#8216;<a rel=\"nofollow\" href=\"http:\/\/pro1.portphillippublishing.com.au\/176951\/\">Sixth Revolution&#8217;<\/a> where future advancement in technology (where the exponential growth rate  really takes off) happens at the molecular level. Part of this shift involves  the development of &#8216;immersive&#8217; technology.<\/p>\n<p>We won&#8217;t go into the details here as it&#8217;s a subject we&#8217;re  still exploring for <em>Revolutionary Tech  Investor<\/em> subscribers. But we will say that the potential growth in this  sector and in technology are limitless.<\/p>\n<p>Of course finding and recognising this change is one thing.  Getting into a position to profit from it financially is another. That&#8217;s  exactly what we&#8217;re doing now as we take <a rel=\"nofollow\" href=\"http:\/\/pro1.portphillippublishing.com.au\/176951\/\">investing down to the molecular level and  look for the potentially infinite opportunities<\/a>.<\/p>\n<p><strong>Cheers,<br \/>\nKris<a href=\"https:\/\/plus.google.com\/u\/1\/102832084048340347143\/about\">+<\/a><\/strong><\/p>\n<\/p>\n<p>Special Report: <a rel=\"nofollow\" href=\"http:\/\/pro1.portphillippublishing.com.au\/176953\/\">The Recession Strategy<\/a><\/p>\n<\/p>\n<p><strong><a href=\"https:\/\/plus.google.com\/106516983215198267222\/about\" title=\"Join Money Morning on Google Plus -- and read about the things we can't always fit into our regular essays\"><u>Join Money Morning on Google+ <\/u><\/a><\/strong><\/p>\n<div class=\"feedflare\">\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/MoneyMorningAustralia?a=7MNVZ3aRggk:61F2FDfBIJg:yIl2AUoC8zA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/MoneyMorningAustralia?d=yIl2AUoC8zA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/MoneyMorningAustralia?a=7MNVZ3aRggk:61F2FDfBIJg:V_sGLiPBpWU\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/MoneyMorningAustralia?i=7MNVZ3aRggk:61F2FDfBIJg:V_sGLiPBpWU\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/MoneyMorningAustralia?a=7MNVZ3aRggk:61F2FDfBIJg:gIN9vFwOqvQ\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/MoneyMorningAustralia?i=7MNVZ3aRggk:61F2FDfBIJg:gIN9vFwOqvQ\" border=\"0\"><\/img><\/a>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/MoneyMorningAustralia\/~4\/7MNVZ3aRggk\" height=\"1\" width=\"1\" \/><br \/>\nBy <a href=\"http:\/\/www.MoneyMorning.com.au\" target=\"_blank\"><u>MoneyMorning.com.au<\/u><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By MoneyMorning.com.au People often ask us how we can be so positive about the future when the headlines are full of depressing news. You only have to look at the front page of the Bloomberg News website on any given day to see what they mean. More often than not the top story involves the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2014\/01\/06\/if-this-doesnt-get-you-excited-about-the-future-and-technology\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;If This Doesn\u2019t Get You Excited About The Future and Technology\u2026&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-45994","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/45994","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/comments?post=45994"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/45994\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=45994"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=45994"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=45994"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}