Let's discuss Kondratiev waves, also known as K-waves or long economic cycles, which are hypothesized phenomena of cyclical economic growth and decline lasting approximately 40 to 60 years. These waves are often linked to major technological innovations and shifts, with each wave typically moving through phases of expansion, stagnation, crisis, and renewal. While not universally accepted by academic economists, the theory suggests that understanding these cycles can help in anticipating long-term macroeconomic trends, asset performance, and sector rotations. Current analysis suggests the world is at the tail end of the fifth K-wave, characterized by information and communication technologies, and potentially on the cusp of a sixth wave driven by AI, biotechnology, clean energy, and holistic health. The transition between waves is depicted as a period of significant socio-economic challenges and opportunities, requiring new approaches to policy and design for a more equitable and sustainable future._________Swetlana AI on other platforms:X/TwitterYoutube (main channel)Youtube (Swetlana AI Podcast)Youtube (music)InstagramTiktok (main channel)Tiktok (podcast)MediumSoundcloudFacebookGumroadSubstackWebsite Hosted on Acast. See acast.com/privacy for more information.

Ver todos los episodios