Co-creation in health

In “The Zero Marginal Cost Society,” Jeremy Rifkin argues that, within 50 years, technology will have developed to the point where there will be virtually no more jobs, where the marginal cost of everything will be zero and where capitalism will cease to exist. There are so many problems with this analysis that it is hard to know where to start, says Robert Atkinson. Productivity growth rates are low; corporate profits are up; wages are stagnant; and the marginal cost of producing virtually most goods is not anywhere near zero. Faddish accounts of how technology will either save us or immiserate us are great for book sales, but don't tell us much about the future.