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The knowledge economy is a concept where the knowledge contained within a company or even an individual drives it, rather than its actual physical output. This is contrasted with an agrarian society (agricultural/food) and a manufacturing economy (physical products), and it differs from a service economy in that knowledge-intensive products become the output, not a physical service. The knowledge economy is often considered a major component of a modern developed economy.

Continue reading “From the Knowledge Economy to the AI Economy: What Could Happen?”