asterisk2a + purchasing   5

Microsoft raises prices of some PCs by up to £400 due to Brexit | Technology | The Guardian
Microsoft has increased the price of its Surface and Surface Book computers in the UK by more than 15%, or £400 for some models, due to sterling’s drop in the value post-EU referendum.

The price increase comes in the wake of similar moves by Sonos and twice by Apple, which saw the cost of computers, speakers and apps rise by as much as 25% adjusting for the falling value of sterling against the dollar, in which Microsoft and other US technology firms do their accounting.
Brexit  British  Pound  £  foreign  exchange  FX  purchasing  power 
february 2017 by asterisk2a
Technological Unemployment (2013) w Jacque Fresco
wikipedia Jacque Fresco // MORE AI, automation, robotics, augmented intelligence, self-driving cars = LESS AGGREGATE DEMAND (disposable income of the middle class, working class & working poor) [...] productivity has risen but incomes NOT! [...] & companies are making more money for shareholders & owners with less & less people (see Facebook) [...] Industry doesnt care abt people. They hire people because it hasnt been yet automated. [...] A JOBLESS RECOVERY & JOBLESS GDP GROWTH [...] routine middle class jobs eliminated fastest! [...] pace of destruction is greater than pace of creation of new jobs! [...] ie Lawyer Software searching through files via augmented intelligence //&! Humans Need Not Apply - youtu.be/7Pq-S557XQU //&! Jerry Kaplan ((re)distribute wealth more equally - youtu.be/JiiP5ROnzw8), Rifkin (Zero Marginal Cost), Paul Mason (post-capitalism) book //&! UBI a must in future - youtu.be/WMF-Z74C1QE &! youtu.be/mEV-kAjtm9U &! youtu.be/9pdU_Rkwzes
technological  unemployment  aggregate  demand  aggregate  demand  short-fall  disposable  income  discretionary  spending  squeezed  middle  class  western  world  working  class  working  poor  Precariat  automation  Robotics  augmented  intelligence  self-driving  cars  autonomous  car  autonomous  cars  purchasing  power  wage  growth  inequality  income  distribution  Gini  coefficient  1%  10%  20%  winner  take  all  globalisation  globalization  neoliberal  neoliberalism  social  safety  net  Universal  Basic  shareholder  capitalism  crony  capitalism  capitalism  in  crisis  post-capitalism  triple-lock  pension  secular  stagnation  USA  UK  European  Union  Chicago  School  neoclassical  economics  Brexit  No  Representation  Career  Politicians  politician  Smart  Grid  Zero  Marginal  Cost  Jeremy  Rifkin  book  Mobile  Creative  Mobile  Creatives  Industrial  Revolution  technological  progress  technological  history  Soziale  Marktwirtschaft  Grundeinkommen  Paul  Mason  recovery  destruction  multinational  conglomerate  low  pay  minimum  wage  mindestlohn  Jerry  Kaplan  income  redistribution  income  growth  income  inequality  Support  income  tax  credit  welfare  reform  welfare  state  Elizabeth  Warren 
july 2016 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.
skill-biased  technological  change  knowledge  worker  White-collar  Blue-collar  working  poor  value  creation  digital  economy  New  21st  Century  squeezed  middle  class  inequality  tax  code  tax  free  income  Gini  coefficient  elizabethwarren  globalization  globalisation  Robots  Robotics  technological  history  disrupting  markets  disruption  Innovation  productivity  Mobile  Creatives  creative  destruction  Book  Structural  Impediments  deficit  unemployment  imbalance  economics  workless  6-hour  work  day  working  class  work  life  balance  workplace  chaning  face  of  work  Future  Charles  Hugh  Smith  education  bubble  formal  education  coding  Higher  MOOC  education  USA  Europe  Asia  BRIC  UK  2014  Year  of  commodity  business  commoditization  lifestyle  purchasing  power  wage  stagnation  middle  class  automation  open  source  innovator  collaboration  global  economy  global  supply  chain  supply  chain  content  creator  digital  artist  Networking  social  capital  hybrid  work  flexible  work  Problem  Solving  Problemsolvers  work  experience  global  in  nature  free  trade  global  trade  Sweat  Equity  Gary  Vaynerchuk  accountable  lifestyle  businesses  lifestyle  business  workplace  security  human  capital  reputation  capital  skills  underemployed  Employability  part-time  employment  youth  unemployment  employment  of  lifehacker  life  life  of  life  l 
may 2014 by asterisk2a
UK inequality just isn't what we keep being told it is | Adam Smith Institute
The grim truth about pay and living standards in some the regions of the UK has also been highlighted by official EU figures showing that parts of Britain are effectively poorer that countries from former communist countries in Eastern Europe. People in Cornwall and the Welsh Valleys are worse off than residents of Estonia and Lithuania, according to Eurostat figures comparing wealth across the EU using a measure known as “purchasing power standards” - which takes into account GDP per person and cost of living. In addition, Durham and the Tees Valley, in the north east of England, are poorer than those in the wealthiest regions of Bulgaria and Romania, the two most deprived countries in the EU. By contrast, the Eurostat figures show that London is the richest place in Europe.
inequality  income  inequality  purchasing  power  standards  UK  Europe  Gini  coefficient  London  living  wage  working  poor  squeezed  middle  class  living  standard  social  mobility  income  mobility  tax  free  income  disposable  income  tax  code  tax  credit  fiscal  policy  middle  class  public  policy  cost  of  living 
may 2014 by asterisk2a

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