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Industrial Age vs Information Age: Happening right now

I’m currently reading two books in parallel (when I take a break from work).  The first one is a book, Midas Touch, written by both Donald J. Trump and Robert T. Kiyosaki (two successful entrepreneurs).  The second is a magazine, a special edition from Entreprendre: L’avenir du Québec – Sortir de la crise (asking how can Quebec get out of the crisis and interviewing 100 personalities from here).

It’s actually quite interesting that I got my hands on both at the same time.  Why?  Within a few pages of the Midas Touch, the authors are already talking about the Industrial Age and the Information Age.  At the same time, happening now in Quebec (and for sure in a lot of other places around the world), there is a lot of questioning about the future and what actions to take to pass through the crisis.

I’m quite at the beginning of the book, but I can already say that I enjoy reading it.  They clearly define the Industrial Age as an old economy.  Living in Quebec, I can’t agree more.

What did bring the Industrial Age? Job security for life. Pensions. Benefits. Labor union.  Need I say more?  If you look at how jobs are in Quebec, you will see that the Industrial Age has roots in half of the Belle Province’s work force.  I’m thinking here of all those people working for the government and all those part of some labor union.  All in all, it’s more than half the Quebec’s employees.

What about the Information Age?  It’s happening now, it’s the new economy.  Everything is computer oriented, digital, and has no boundaries.   “The Information Age has allowed rapid global communications and networking to shape modern society" as defined on Wikipedia.  For sure, this means that the level of competition in all markets has increased dramatically.  You can’t now think of your market only as your province or country.  You need to see the market as the whole world.

Problem is, the Industrial Age brings ideas (of the past) that slow down what the Information Age is trying to accomplish.  Quebec is a perfect example of such a combat.  On one side, there are people and groups that are trying to keep things like they are: unfit of the modern economy.  Those groups have so much exposure and power that they impose their old ways.

In an economy where everything moves fast, where competition comes from all countries, where the future is based on how we can do sacrifice today, I see that something has to be done.  That’s why the Entreprendre magazine is trying to bring new ideas.  But the "combat" is just starting.  People need to wake up here (and elsewhere).  We need to ask more from everyone.  Work more, work harder.  Bring something to your country.  Have a purpose and stop being lazy.  Don’t let the old way of thinking get in your way; have your own ideas, build your own stuff.

The Industrial Age was good in the past, when the future seemed so bright.  Governments borrowed lots of money, hired people with great salary, promised comfortable pensions and all those incredible benefits.  Nothing could stop them.  However, the reality is now catching up like a 20% interest rate on your unpaid credit card balance: a total nightmare.  If we don’t do collectively something about it, we will fail.

 

 


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