Jeremy Rifkin: The Third Industrial Revolution

The possibility of a Third Industrial Revolution is likely, argues Wharton Business School professor Jeremy Rifkin in this Huffington Post piece. He argues that the conditions needed for this historical shift - a new energy source and a new communication medium - are here, just like "steam-powered print technology became the communication medium to manage the coal-fired rail infrastructure" of the 19th century and "electronic communications - the telephone and later, radio and television - became the communication medium to manage and market the oil-powered auto age and the mass consumer culture of the Second Industrial Revolution."