💭 Understanding the intangible economy

What does the rise of the intangible economy mean for business, society and investing?

Hi, 

For our eighth State of the Exponential Briefing, we welcomed Stian Westlake, recognised by Bill Gates as one of his favourite authors of 2018. Stian is an expert on innovation, technology and government policy, and co-author of the critically acclaimed book, Capitalism Without Capital: The Rise of the Intangible Economy, one of the most important books exploring the intangible nature of our economy in depth. 

If you missed the briefing, you can…

• Watch the video of the briefing here,

• See Stian’s presentation here,

• Read the notes below.

Comment below to continue the discussion with Stian.

The capital of the 21st Century

‘Capital is changing… and that changes everything,’ declares Stian at the beginning of his talk. He started out with an analogy of how capital powers the economy:

Capital is what makes the economy function. It's the sinews, the muscles—the productive capability that exists in the economy that determines how it performs in the future. And it's precisely what's changing. 

To i…