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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
BBC Two - Mind the Gap: London v the Rest
Polarising UK. (1) http://en.wikipedia.org/wiki/London_Gateway (Port is a 50 year bet that London and surroundings will thrive further. Keeping Supply chains as tight as possible.) Most great careers are in the City. 58% of jobs need/have graduate qualification. City/London networking economics. Economies of Agglomeration. Proximity fuels productivity. + Connection to the world of business. Once you've attracted good neighbours, it attracts more people and more businesses to be there too. Self-fulfilling, once you reach critical mass, Tipping Point. Cotton Mills in the 19th century were build where the cotton planted. Corporations want to locate parts of their business were the resources are - the talent pool. And for data centres, where cheap energy is. // UK is now a two speed economy. London followed by the other big cities, followed by the rest of UK, rural UK. // There is no formula of success that other cities less prosperous could copy from London. It evolves. Bottom up growth.
urbanisation  urban  planning  London  Aberdeen  Glasgow  Edinburgh  Manchester  London  Gateway  infrastructure  investment  infrastructure  war  for  talent  war-for-talent  Top  commuting  Birmingham  Productivity  Networking  Economies  of  Agglomeration  Economics  Collaborative  collaboration  Competition  competitiveness  competitive  competitive  advantage  creative  job  creation  value  creation  NYC  Silicon  Valley  innovation  critical  mass  Tipping  Point  Pool  natural  resources  economic  history  ecosystem  creativity  face  to  face  interaction  creative  destruction  Battersea  Power  Station  Foreign  vehicle  Betongold  entrepreneurship  entrepreneur 
march 2014 by asterisk2a

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