asterisk2a + commoditization + middle + job + destruction   2

Robots are coming for your job. That might not be bad news
The problem with automation isn’t technology. The problem is capitalism. // [ Deflationary pressure, 3bn people in developing world and frontier markets unemployed, waiting to join workforce. ] [ who buys the gadgets and widgets when half the world is unemployed ] // This time, as Martin Ford argues in Rise of The Robots, education and upscaling won’t help us. There will simply be fewer jobs to go around, as everything from accountancy to journalism will be done faster, cheaper and more efficiently by machines. The result, as Jerry Kaplan agrees in Humans Need Not Apply, is that billions will be left destitute – unless we radically rethink our way of keeping people fed.
Software  Is  Eating  The  World  Robotics  automation  Marketplace  efficiencies  commodity  business  commoditization  mobile  homescreen  capitalism  Gini  coefficient  income  distribution  Super  Rich  Commanding  Heights  1%  Wall  Street  shareholder  value  profit  maximisation  tax  evasion  tax  avoidance  Creatives  Creative  freelancing  freelance  Universal  Basic  corporate  welfare  welfare  state  social  safety  net  tax  free  income  Zero  Hour  Contract  Contractor  job  creation  6-hour  work  day  4-day  work  week  Robert  Skidelsky  leisure  time  burnout  chronic  stress  deflationary  technological  history  technological  progress  secular  stagnation  Niall  Ferguson  crony  capitalism  exploitation  lobbyist  lobby  Lobbying  inequality  income  inequality  capital  gains  tax  capital  gains  democracy  precarious  work  Precariat  working  poor  low  income  low  pay  globalisation  globalization  flat  borderless  free  trade  trade  agreement  TTIP  TPP  TISA  squeezed  middle  class  Sozialer  Abstieg  Soziale  Marktwirtschaft  Sozialpolitik  worklife  Future  of  Workers  Union  underemployed  Thomas  Piketty  Robert  Reich  Joseph  Stiglitz  part-time  job  security  job  market  labour  economics  labour  market  Minijob  book  Policy  Makers  revolving  door  social  social  social  tax  economics  of 
october 2015 by asterisk2a
Empire of the geeks | The Economist
Silicon Valley should be celebrated. But its insularity risks a backlash [...] Critics are often from industries wanting to protect their privileges; the geeks’ aggressive behaviour is sometimes part of the creative destruction that leads to progress. But that is not the only source of anger. Silicon Valley also dominates markets, sucks out the value contained in personal data, and erects business models that make money partly by avoiding taxes. There is a risk that global consumers will feel exploited and that the effects of a shrinking tax base will infuriate voters. If the perception takes root that enormous profits from exploiting data and avoiding taxes are crystallised in the fortunes of a few people living on a patch of ground near San Francisco, then there will be a backlash." // recent emergence of marketplace for X and gig platform for X - 1099 Economy etc etc, making money with our data - Facebook.
Silicon  Valley  irrational  exuberance  hubris  creative  destruction  shared  economic  interest  crony  capitalism  Wall  Street  shareholder  value  profit  maximisation  tax  evasion  tax  avoidance  exploitation  business  model  corporate  values  Universal  Basic  Income  Software  Is  Eating  The  World  Future  of  Work  Mobile  Creatives  Mobile  automation  marketplace  marketplace  efficiencies  commodity  business  commoditization  Robotics  autonomous  car  self-driving  cars  augmented  intelligence  Big  Data  machine  learning  deep  learning  artificial  intelligence  labour  market  job  creation  labour  economics  job  market  working  poor  squeezed  middle  class  Sozialer  Abstieg  neoliberalism  neoliberal  liberal  economic  reform  precarious  Precariat  poverty  trap  education  policy  vocational  education  social  mobility  Gini  coefficient  growth  mobility  capital  gains  tax  code  fairness  social  cohesion  social  tension  Gesellschaft  society  downward  mobility  gender  inequality  technological  history  Niedriglohnsektor  lohndumping  Service  Sector  Jobs  Lohnzurückhaltung  minimum  wage  living  wage  uncertainty  job  security 
july 2015 by asterisk2a

related tags

1%  4-day  6-hour  Abstieg  abundance  agreement  artificial  augmented  automation  autonomous  avoidance  Basic  Big  book  borderless  burnout  business  capital  capitalism  car  Career  cars  chronic  class  code  coefficient  cohesion  Commanding  commoditization  commodity  Contract  Contractor  corporate  cost  creation  creative  Creatives  credit  crony  Data  day  deep  deflationary  democracy  destruction  distribution  door  downward  Eating  economic  economics  education  efficiencies  evasion  exploitation  exuberance  fairness  Ferguson  flat  framing  free  freelance  freelancing  Future  gains  gender  Gesellschaft  Gini  globalisation  globalization  growth  Heights  history  homescreen  Hour  hubris  income  inequality  intelligence  interest  irrational  Is  job  Jobs  Joseph  labour  learning  leisure  liberal  living  lobby  Lobbying  lobbyist  lohndumping  Lohnzurückhaltung  low  machine  Makers  marginal  market  marketplace  Marktwirtschaft  maximisation  middle  Minijob  minimum  mobile  mobility  model  neoliberal  neoliberalism  net  Niall  Niedriglohnsektor  No  of  part-time  pay  Piketty  policy  political  Politicians  poor  Positioning  poverty  Precariat  precarious  profit  progress  reform  reframing  Reich  Representation  revolving  Rich  Robert  Robotics  safety  Sector  secular  security  self-driving  Service  shared  shareholder  Silicon  Skidelsky  social  society  Software  Soziale  Sozialer  Sozialpolitik  squeezed  stagnation  state  Stiglitz  Street  stress  Super  tax  technological  tension  The  theory  Thomas  time  TISA  TPP  trade  trap  TTIP  uncertainty  underemployed  Union  Universal  Valley  value  values  vocational  wage  Wall  week  welfare  work  Workers  working  worklife  World  Zero 

Copy this bookmark:



description:


tags: