asterisk2a + knowledge + change + wage   9

Paul Mason: what they aren't telling you about work - YouTube
hollowing out // automation - vs - skill & problem solving (figuring out how to automate/put something together/create new) - vs - end of the chain work (low end, manual, repetitive, service...) // within the next 20 years, 47% of jobs in developed world could be replaced by robots/automation/machines // Future of Work is about problem solving, not putting (end of the chain) things together. figuring out the new, making the new, making something better, more efficient, faster, better quality, ... // and as it stands now, those who reap the rewards will be few. and gov policy, ie tax evasion, tax avoidance, tax code, fairness, --- gains have to be shared.
squeezed  middle  class  White-collar  Worker  Blue-collar  Worker  manual  labour  labour  market  job  creation  skill-biased  technological  change  practical  skill  set  practical  skills  skill  gap  capital  skills  skills  gap  automation  Robotics  working  poor  Software  Is  Eating  The  World  3D  printing  Manufacturing  industrial  policy  UK  USA  Europe  developed  western  Future  of  Work  knowledge  economy  Problem  Solving  Mobile  Creatives  Mobile  Creative  domain  knowledge  knowledge  algorithm  precarious  Zero  Hour  Contract  Contractor  self-employment  insecurity  job  security  technological  progress  STEM  Makers  protectionism  Research  Revolution  2.0  Revolution  Universal  Basic  Income  tax  credit  tax  free  economics  of  abundance  marginal  cost  renewable  energy  Marketplace  destruction  creator  innovator  innovation  entrepreneurial  entrepreneurship  entrepreneur  Precariat  Share  post-capitalism  Super  Rich  1%  inequality  mobility  social  mobility  rapid  change  generational  change  tax  code  capital  gains  tax  growth  wage  stagnation  secular  stagnation  productivity  output  gap  shared  economic  interest  Wall  Street  exploitation  shareholder  value  profit  maximisation  fairness  Generationengerechtigkeit  Gesellschaft  identity  status  status  social  status  social  an 
august 2015 by asterisk2a
Inequality and the Challenge of Employment - New Economic Thinking - YouTube
intrinsic motivation, fairness, social animal - social comparison (is encoded into the brain) - status anxiety // self-interest mostly wins over ethics/moral values? // trust between principle & agent // org structure and inventive - ie bonus variable attracts more selfish people and risk takers // justice and fairness is critically important - not only in orgs but also democracies //&! Natural rate theory (equilibrium) - service sector jobs (unskilled manual labour jobs) w minimum wage and not higher. and flexible wages with no minimum wage (USA) create working poor/inequality. institutional change - economists are not just analysts they also affect policy makers (think tanks). // austerity hurts equality/social mobility = economic long-run damage to potential (thus output gap and productivity loss) - lack of supply of able workforce to create added value products & services. trickle-down not helping. //&! tax code unfair, lower capital gains tax than on earned (labour) income
inequality  Gini  coefficient  social  mobility  income  mobility  intrinsic  motivation  fairness  human  resources  HR  management  people  management  well  being  philosophy  Alain  de  Botton  happiness  index  Selbstfürsorge  self-awareness  self-actualization  Maslow  socioeconomic  status  status  anxiety  social  status  workplace  work  environment  beyond  workplace  drama  chronic  stress  shareholder  value  profit  maximisation  shared  economic  interest  economic  damage  wage  growth  income  growth  income  gap  gender  pay  gap  glass  ceiling  glass  cliff  gender-based  discrimination  gender  inequality  trust  labour  economics  labour  market  microeconomic  policy  behavioral  economics  Organizational  behavior  organization  skill-biased  technological  change  job  market  minimum  wage  living  wage  equilibrium  sticky  wages  liberal  economic  reform  neoliberal  neoliberalism  underemployed  Workers  Union  macroeconomic  policy  unemployment  skills  gap  education  policy  vocational  education  poverty  trap  student  debt  student  loan  downward  mobility  welfare  state  Higher  income  inequality  Privileged  Middle  Class  Sozialer  Abstieg  squeezed  Public  Services  Services  child  poverty  poverty  American  Dream  output  gap  potential  output  added  value  value  creation  capital  skills  human  capital  dehumanisation  subhuman  trickle-down  economics  dogma  ideology  austerity  policy  error  policy  folly  UK  state  capital 
july 2015 by asterisk2a
If Schools Don't Change, Robots Will Bring On a 'Permanent Underclass': Report | Motherboard
via http://www.reddit.com/r/Futurology/comments/2ct2xs/if_schools_dont_change_robots_will_bring_on_a/ The respondents overwhelmingly agree that this lovely future where robots do the work and humans design the robots and everyone has leisure time and lots of money only exists in a fantasy future where the school systems pump out a shitload of Elon Musks and Sergey Brins—or, at the very least, people who can reliably work at the companies those guys own. [...] only the best-educated humans will compete with machines [...] and education systems [around the world] are still sitting students in rows & columns, teaching them to keep quiet and memorize what is told to them, preparing them for life in a 20th century factory.” // Rise of Service Jobs (dominance) in USA, even post-GFC. // ADD: http://www.washingtonpost.com/blogs/on-leadership/wp/2014/08/07/are-robots-coming-for-your-job/
Robotics  AI  Future  of  Work  Start-up  of  You  Mobile  Creative  Mobile  Creatives  Year  of  Code  skill-biased  technological  change  practical  skills  practical  skill  set  capital  skills  knowledge  worker  White-collar  Blue-collar  human  capital  creativity  destruction  value  creation  Problem  Solving  complexity  unknown  unknowns  unintended  consequences  education  policy  Public  HR  human  resources  hiring  underemployed  structural  unemployment  employment  unemployment  leisure  time  disposable  income  working  poor  squeezed  middle  class  flat  world  globalisation  globalization  competitive  advantage  comparative  advantage  competitiveness  Competition  competitive  Career  Politicians  Precariat  Proletariat  sociology  psychology  Universal  Basic  Grundeinkommen  precarious  precarious  employment  Services  Industry  service  income  mobility  social  mobility  income  inequality  Gini  coefficient  living  wage  standard  of  living  minimum  wage  wage  stagnation  workforce  labour  economics  labour  market  middle  class  status  quo  sector  Europe  USA  disruption  knowledge  economy  domain  knowledge  domain  expertise  expertise 
august 2014 by asterisk2a
Open your company's doors and let the machines in - the economy depends on it - Telegraph
The faster the mechanisation process, the more likely we are to see productivity – the amount of output each worker generates – starting to grow again and, with it, wages. A greater use of artificial intelligence throughout the economy will benefit, not hurt, the overall workforce. There are just two, crucial, caveats: it will be vital to help individuals displaced by the new technologies to find work in new areas. Better education and training will become even more vital. We also need policies to ensure that the UK, already a leading player in high value-added industries, continues to develop in these areas; this means making sure that Britain remains an open economy, that taxes are kept low, that higher education is allowed to thrive free of the dead hand of the state, and that infrastructure, including airport links, is up to scratch.
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june 2014 by asterisk2a
BBC News - UK unemployment total falls to 2.16m, wage inflation to remain low
[threat of wage inflation spiral far off because of multiple underlying factors not allowing it measured wholly across the uk (taking the other country called london out of the picture)] - "Weak pay growth and the 'cost of living crisis' remains the Achilles heel of the economic recovery," said Chris Williamson, chief economist at Markit. "But it should not be long until we see earnings growth accelerate as the labour market continues to tighten. Pay growth should pick up in coming months, perhaps significantly." +++ http://www.telegraph.co.uk/finance/10838393/Bank-of-Englands-slack-approach-leaves-economy-at-risk.html +++ http://www.economist.com/blogs/freeexchange/2014/03/monetary-policy-0 +++ http://youtu.be/fvTdWWUkUNM?t=2m10s
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june 2014 by asterisk2a
Report: San Francisco has worse income inequality than Rwanda | PandoDaily
It’s not difficult to see evidence of income disparity in San Francisco. The headquarters of Twitter, now valued at around $20 billion, looms massively over a neighborhood plagued by homelessness, drug addiction, and prostitution. Median rents continue to hit record highs, and despite the wealth that continues to pour into San Francisco thanks to the tech boom, the number of homeless individuals has remained more-or-less the same since 2005. The gap between rich and poor is widening across the country, but according to a new study, San Francisco income inequality was found to be not only above the US national average – it was even slightly worse than that of Rwanda, which is among the most unequal countries in the world. +++ See http://modelviewculture.com/pieces/not-a-tech-bro-but-not-a-tech-lady "Gender (+ Race) + Class" paragraph.
NYC  Manhatten  San  Francisco  Los  Angeles  Silicon  Valley  Gini  coefficient  income  inequality  tax  code  tax  avoidance  social  safety  net  California  Career  Politicians  corporate  culture  corporate  governance  public  policy  social  society  income  mobility  social  mobility  working  poor  standard  of  living  cost  of  living  livingspaces  living  wage  living  standard  living  environment  city  living  income  distribution  income  redistribution  corporatism  philanthropy  squeezed  middle  class  Sector  Workers  economic  history  short-term  thinking  long-term  thinking  quality  of  life  inequality  equality  Super  Rich  democracy  society  sustainability  sustainable  urbanisation  urban  planning  skill-biased  technological  change  knowledge  worker  White-collar  Blue-collar  capital  skills  skills  skill 
may 2014 by asterisk2a
Paxman interviews economist Thomas Piketty - Newsnight - YouTube
IT IS ALL A MATTER OF DEGREE. thus you have to marry liberalism & conservatism, throw the junk out. u get liberal-conservatism. The rise of the working poor & squeezed middle class had not been good 4 economic growth & vitality. || +Thomas Piketty on Wealth, Income and Inequality >> watch?v=zytqTSh3oGw || + http://www.huffingtonpost.com/2014/05/01/thomas-piketty-cold-war_n_5247373.html || + http://www.npr.org/2014/05/11/310784652/on-income-inequality-a-french-economist-vs-an-american-capitalist << Edward Conard WRONG! || +++ What the 1% Don't Want You to Know with Paul Krugman - watch?v=QzQYA9Qjsi0 "All men are created equal" NO MORE. 'commanding heights' >> https://www.youtube.com/results?search_query=commanding+heights+documentary + market income inequality vs disposable income inequality http://bit.ly/1ollCVp ... "We live in such an ugliness in America." || Wealth Concentration is a agglomeration of Politica & Public Policy Power. || + Robert Reich >> v=q-rpkZe2OEo || v=heOVJM2JZxI
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may 2014 by asterisk2a
oftwominds-Charles Hugh Smith: The Changing Nature of Middle Class Work
The economy is changing in structural ways that affect not just the job market but the nature of work itself. If we ask, what is work?, the conventional answer is tasks that somebody will pay us to do. This is true, but it doesn't address why someone is willing to pay us. The answer is to create value. ... [ Skills, not Expertise. ] ...... As technology's ability to replace costly human labor moves from the factory floor to the service sector, the nature of middle class work is changing. [ IBM's company wide Pivot over +10 years from HW to Services and Software Company. With the accompanying downsizing. ] ... Jobs that can be learned in a few hours are prone to being replaced by machines. [...] The protected sectors beset by soaring costs (healthcare, higher education, major weaponry programs, finance, etc.) will undergo the creative destruction of technology-based productivity gains for the reason that they are already unaffordable, not just to households but to the nation.
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may 2014 by asterisk2a
Why Americans Are Moving Less: New Jobs Aren't Worth It - Richard Florida - The Atlantic Cities
[symptom of the working poor and squeezed middle class and wage stagnation || http://youtu.be/_k9q8rBfRVY + http://youtu.be/akVL7QY0S8A + http://youtu.be/nIimu0LF4JA + http://youtu.be/BOMoC0_m5pQ // Americans are moving less—and not as far—because it's not nearly as worthwhile economically. Most moves are local, from neighborhood to neighborhood in the same city or county, and are largely driven by seeking better housing or more proximity to family and friends. But long-distance moves between states are different. These interstate moves are typically driven by those seeking better job opportunities. Since the 1980s, neither the job opportunities nor the potential for better wages have made such moves worth it, according to the study. It finds that by 2013 the rate of interstate relocations had fallen 51 percent below its 1948 to 1971 average levels, the peak years for such longer-distance moves.
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april 2014 by asterisk2a

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