It's called the "service economy". 99% of us will be fighting to capture some income from the 1% either in zero-sum services (such as advertising), or better an

It's called the "service economy". 99% of us will be fighting to capture some income from the 1% either in zero-sum services (such as advertising), or better and more exotic leisure (travel, cooking, experiences) and healthcare and other services for the 1%, with some spillover effect. I imagine something like the Apple store extended to the whole economy, with thousands competing for one sale, a few big winners (the chosen restaurants, the chosen services) and thousands or millions of losers for each winner, surviving on the long tail. As the article says, more lawyers and burger flippers. No more middle class clerks or bank tellers and especially no more blue collar workers or farmers. http://en.wikipedia.org/wiki/Service_economy http://en.wikipedia.org/wiki/Service_economy Edit: what Joe_Altmaier said https://news.ycombinator.com/item?id=6990430 https://news.ycombinator.com/item?id=6990430 Edit2: World Bank paper detailing the growth of services in a postindustrial economy: http://www.worldbank.org/depweb/beyond/beyondco/beg_09.pdf http://www.worldbank.org/depweb/beyond/beyondco/beg_09.pdf "As incomes continue to rise, people’s needs become less “material” and they begin to demand more services—in health, education, entertainment, and many other areas" "Meanwhile, labor productivity in services does not grow as fast as it does in agriculture and industry because most service jobs cannot be filled by machines. This makes services more expensive relative to agricultural and industrial goods, further increasing the share of services in GDP. The lower mechanization of services also explains why employment in the service sector continues to grow while employment in agriculture and industry declines because of technological progress that increases labor productivity and eliminates jobs. (Figure 9.2). Eventually the service sector replaces the industrial sector "