Abstract

A combined perspective of long economic cycles and very long secular cycles of production principles is proposed to anticipate the major socioeconomic implications of the emerging (bio)technological paradigm. The analysis identifies three distinct shifts that shape and promote socioeconomic development in the next five to six decades: the material shift toward renewable resources, the actual technological shift as a confluence of technological mega-trends, and the control shift toward new knowledge elites and self-regulating systems. The strongest creative and disruptive effects of the new (bio)technological leitmotif are shown to materialize at the overlap of the successive shifts. The results suggest revisiting some priority fields of the current bioeconomy and related policies and chart out key challenges beyond the strategic policy horizon of 2050.

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