We often hear that capitalism is under fire: in contemporary politics, in journalism, in popular discourse, and even in some business schools and among some management scholars and their students. But the criticism, upon examination, is not about capitalism but cronyism.
The concept of jobs comes from a previous era. The fear of “loss of jobs” is therefore misplaced. We are entering an era of universal entrepreneurship.
Only when you have mastered theory can you master the navigation of specific situations, and be confident in your good decision-making and judgment.
Don’t fear that jobs will be replaced by digital automation. Celebrate the new emerging value generation capability of entrepreneurs with digital assistants.
Where will the combination of service science and artificial intelligence take entrepreneurship in the near future?
Entrepreneurship is a technology, by every definition of the term. It’s a technology that harnesses the natural phenomenon of the pursuit of a better life.