The Question for 2012

The question for 2012 (and the rest of the decade) for the developed world is - - "Where will work come from?"  The answer is we don't know and, which is even more troubling, we don't understand enough about the actual process of why jobs are created.

Not an easy question, especially viewed through the lens of a structure shift in power from developed to developing, a shift from the industrialized to the industrializing, an information revolution changing almost every industry, too much debt, too much consumption, too much entitlement, and too little innovation.

The answer to the question fundamentally sets the stage and outlook for the rest of the century.