Video Licensing Lesson – The Wealth Creation Shift

Throughout history, innovation and technology have shifted the concentration of wealth. In the 1900’s, the Industrial Revolution shifted wealth from the farm to the factory (i.e. machines). Those who learned the new skills of mass production machinery accumulated the wealth.

Today, the next big shift in wealth accumulation is underway. Wealth creation is shifting from the tangible economy (i.e plants and equipment) to the intangible economy of intellectual property. Like the shift that occurred in the Industrial Revolution, wealth will be accumulated by those with the new skills of making money with IP.

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