Perhaps it is time for a semi-serious look into the four kinds of Singaporeans you will meet in the future.

I call this is new 4P model of the Economy of the Future.

  1. a) Prince / Princess

You will find Princes in those schools along Bukit Timah Road that offer the New Age International Baccalaureate syllabus because only rich people can buy a ticket out of taking the A levels.

The Future Economy is the oyster of the Prince. Someone who was born in a family where their parents has amassed plenty of capital while there were still stable jobs.

As labour becomes replaced with automation, capital which flows into companies which harness the technology to produce the marvels of innovation allows capital owners to attain a level of wealth and financial independence which would be very much better than whatever model we have today.

The …