Innovation, Technology and the 21st Century Global Economy By Christine Lagarde Managing Director, International Monetary Fund Stanford University, February 25, 2014

Technology and the economy:
  Let me begin with the interlinkages between technology and the economy. Innovation is pushing ahead at warp speed. You know this. You live it. You even drive it. We are certainly living through one of the most exciting periods in human history. We can feel the air hum with virtual activity and reality transform before our very eyes. The pace of change is so fast that even the technology of five years ago seems prehistoric. Those of you who are students probably do not even remember a time when phones were not smart, when cameras contained film, when texts meant school books, and when wireless referred to an old-fashioned radio! More