
By 1980s, the manufacturing output was high.
This resulted in higher demands for labour and increased wages.
However, by mid of 1990s, the automation and artificial intelligence technologies began to emerge.
This led to higher productivity, great efficiency, time saving, less mistakes and low production costs.
The hardworking people employed were no longer rewarded based on their ability to work 14 hours a day in physical labour.
Likewise, the demands for labour declined precipitously. If your strength is physical, no market will reward you handsomely for it.
They could only employ you to be part f the machines and give you a token to keep you alive.
What does the new century want?
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- Sell value not time: Time is a very limited resource that can not be duplicated. Value, on the other hand, is a measure of the benefit gotten from a good or service provided to an economic agent. Hardworking individual searches for job in order to exchange their time spent with money at the end of each month. This they do until their services are no longer needed. Unfortunately they ended up being poor because they used all the salary received to pay for bills. Thinking allows us to create values that can be duplicated and sold for many years. Take for instance the development of a software. A single software can be copied into millions and keeps generating income even in years.
- Solve human’s problems: Human wants are insatiable. People are always ready to consume new products everyday. By identifying human’s problem, values can be created through the solution provided to address the problem. You can duplicate the solution in millions other copies and make limitless money along the line.

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