On this episode of The Federalist Radio Hour, Mark P. Mills, a senior fellow at the Manhattan Institute and a faculty fellow at Northwestern University’s McCormick School of Engineering and Applied Science, joins Culture Editor Emily Jashinsky to discuss his book “The Cloud Revolution: How the Convergence of New Technologies Will Unleash the Next Economic Boom and A Roaring 2020s.”
“One of the things I map out in my book is that the speed with which new technologies enter commercial viability actually hasn’t changed much in 200 years. It’s still, it’s very similar. It seems like it’s faster, but it’s really not significantly different,” Mills said. “But what is different is that the confluence of three things, three spaces happening simultaneously doesn’t happen very often. So in that sense, we’re going to go through not an acceleration in the rate at which an individual thing got better like an airplane or a robot, they all get better or roughly the same rate. … It’s been a long time getting to the cloud, not overnight.”
The “cloud,” Mills said, has amassed a large role in the “quiet” technological revolution occurring in the world today and will continue to grow because there is a strong reliance on it.
“Amazon has utter dominance right now. Microsoft, [which] was a mere five years ago viewed as an irrelevant, also ran. It’s now catching up to Amazon. It’s a big company and it’s alright. Google’s catching up. Oracle’s catching up. Everybody’s chasing the cloud because the demands for its services exceed anybody’s ability to supply them,” Mills said.