Young People Use Technology to Push Aside the Old People and Old Ways - David Colander

The video discusses how technology fundamentally changes the world, particularly in economics. It highlights the role of computers in empirical analysis and the ongoing changes they bring. Despite these advancements, institutions often resist change to protect existing rents. Successful social movements involve evolving into new societal structures while balancing focus. The generational shift plays a crucial role, as younger people adopt technology differently than older generations.

How has technology fundamentally changed the world according to the text?

What are the implications of technology on economics as mentioned in the text?

Discuss the role of social movements in relation to technological change.

What challenges do societies face in adapting to new technologies?

How do younger generations utilize technology differently than older generations?