The "Information Economy" Narrative

A few stories about Michael Bloomberg have been circulating recently where he's outlining the "information economy" narrative. Old jobs, like farming and manufacturing are deemed "obsolete"--by whom? Some disembodied prophet of truth, I guess.

The "information economy" narrative was sold hard through the 1980s, and maybe back into the 70s. One of the main elements of that narrative is that necessity drives the central planning choices. The shift of manufacturing from the United States to Asia was really done on behalf of financialized international corporations. There's really no objective reasoning behind it, except to consolidate more wealth and power in the hands of financiers.