Simon Johnson, co-author of the bestseller «13 Bankers,» is the Ronald A. Kurtz (1954) Professor of Entrepreneurship at the MIT Sloan School of Management. He also works closely with Joi Ito, head of MIT's Media Lab, on the Digital Currency Initiative (DCI).
The following article originally appeared in Consensus Magazine, distributed exclusively to attendees of Consensus 2018.
In 1913, H.G. Wells wrote «The World Set Free,» a chillingly prescient set of predictions about the development of technology.
Published in early 1914, this slim volume called it exactly right on the coming dominance of aircraft in warfare, the ways armies would adapt (or not) and even some of the geopolitical implications. Most astonishingly, Wells also predicted that atomic bombs would soon be dropped from the air on civilian populations — and that this would change everything.