The Real Source of Profit = Creativity

I generally think that's true in the most basic sense. Continuing on that same theme, and in the spirit of optimism we currently find ourselves in two days after electing a transformative figure to the American presidency….

“Creativity is intrinsically surprising and the source of all real profit and growth” says George Gilder of Forbes Magazine. This article on the Coming Creativity Boom spells out the new technologies and developments that will be changing the American economy after our current state of crisis fades:

1) “cloud computing”
2) graphics processing
3) nanotech engineering
4) energy-saving construction materials.

Gilder speaks from the perspective of a venture capitalist who sees how much these firms and hedge funds deal and manage in the field of creativity, entrepreneurship and innovation. One fact that was a “wow” to me: the venture capital industry generated 17.6% of the United States GDP in 2006.

The “Coming Creativity Boom” is a great read if you’re in the mood for some optimism after all of the economized gloom and doom on the cable news networks.