Buchanan has it right
Edward Luttwak, 9 May 1996
“... if Bill Gates and Al Gore’s vision of an all high-tech economy were to be realised? The Dow-Jones Index would no doubt reach 10,000, or perhaps 20,000, making more billionaires and more thousands of millionaires. In the meantime, with the replacement of GM, Ford, Kodak (132,600 employees), Dupont (125,000) and all other ... ”