Instead of technology helping to spread economic opportunity and lift many more boats, economic power is concentrating in a small number of key regions. It's time for political and economic leadership to wake up to this new reality. It makes little sense to dwell on individual cities or countries anymore, when the real engines of survival, innovation, and growth are the New Megas.
I can't work out the above. Is it saying that economic power should concentrate on technology to help spread...? Thank you.
First, it is saying that technology should or was expected to help give everybody a chance to improve their wealth. But that is not the case. Nor is economic power to be found in individual cities or even countries.
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First, it is saying that technology should or was expected to help give everybody a chance to improve their wealth. But that is not the case. Nor is economic power to be found in individual cities or even countries. So talking about them (dwelling on them) does not explain the new reality. No, the real places of economic power are large regions (the "Megas" I assume).
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