A lot of the argument on this topic seems to be "but this time it is really different!"<p>Perhaps. And perhaps not. Most likely it <i>is</i> different, just like all those other times were different.<p>I hate to be skeptical, but when this same pattern of people saying "it's different!" repeats over and over again without it being different, I think the onus is on those making the claim to support their argument better. If anything, I think the <i>metrics</i> are different, and that leads to a lot of erroneous conclusions. I see a lot of economic activity that doesn't fit into the neat little categories we have constructed.<p>As an example, my wife is middle-aged, middle-income, and college educated. I helped her create a site about her hamburger casserole recipes. People liked the site, so she made the site into an ebook. Every day, hundreds of people either use the free site to cook dinner, or decide to buy the ebook (shameless plug: <a href="http://hamburger-casserole-recipes.com" rel="nofollow">http://hamburger-casserole-recipes.com</a>)<p>And it's not just her. She has a friend (also middle-aged, college educated, and out of the official workforce) who collect semi-rare books and resells them. Another friend sells household goods by leveraging her social networks.<p>The list goes on. We probably know 5 or 6 people who have some sort of unique arrangement that technology has facilitated. These are folks who do not have "jobs", yet they have income. They provide value to people.<p>So if I had to bet, I'd say the odds are 90% that the economy is <i>evolving</i>, not drastically changing. I might be wrong, but I'll need to see a lot more data than this before I'm willing to change my mind.