'Services only ' future

,Over the last few years most of the world's new wealth is going only to the small portion of the population. Is this simply the capitalists plundering the country's resources or is there something deeper?

1. If you look at the the richest individuals and the richest industries making the most money, you will see a pattern.

Most of them are services based ,almost none from agriculture and very few from manufacturing.

2. If you look at the industries needing  government help in the form of trade subsidies protectionism and bailouts, most of them are again in manufacturing and Agriculture.

When did you hear about services industry needing bailouts?

3. If you look at the US, world's largest economy , it's almost entirely based on services, with less than 2% coming in from agriculture. Just to put this in perspective ,agriculture was majority in the US few decades ago.

What are the above facts telling us? The world is moving towards service based economies while both manufacturing and agriculture do not seem to generate much differential wealth.

What are the implications of this? A service based economy is very much skill and expertise based. It also expects stakeholders to be very agile in adopting to the changing world.

while technology is automating quite a few services ,it is still services that are building incremental wealth.

How do the populations and communities build skills to be ready for a  Services based world?

How do they plan their finances to be continuously reskilling themselves every once in a while?

How do they become self dependent instead of expecting government doles and entitlements? ( No government or a tax base can perennially fund a losing business forever!)

How do they learn the key skills and attitudes of pivoting ,reskilling, migration and adapting?

How do they celebrate risk taking, failures , innovation and continuous learning?

These are the questions that I feel, the leaders, politicians and parents need to find answers to.