asterisk2a + robotics + energy   10

'Northern powerhouse' depends on productivity not rail links: thinktank | Business | The Guardian
In this post-referendum vacuum, Carney alone can't save the UK economy - Getting productivity going again will require more investment in innovation and our universities. It means more help for businesses that want to update their production lines, overhaul their IT systems or retrain their staff. Productivity will only improve if the UK addresses its skills shortages with sensible immigration policies and with better training. In an age of economic insecurity, training is key if the march of the robots is not to further exacerbate inequality. Similarly, the UK must get serious about moving to an apprenticeship system that has parity of esteem. - http://bit.ly/29cCmtq
Northern  Powerhouse  Brexit  apprenticeship  apprenticeships  UK  recovery  productivity  productivity  gap  output  gap  economic  history  Manufacturing  household  debt  consumer  debt  student  debt  City  of  London  George  Osborne  Policy  underinvestment  STEM  skills  gap  skills  economy  skills  shortage  structural  unemployment  long-term  unemployment  working  poor  Service  Sector  Jobs  Precariat  Gini  coefficient  inequality  poverty  child  poverty  austerity  infrastructure  investment  London  economies  of  agglomeration  competitiveness  comparative  advantage  competition  competitive  competitive  advantage  global  economy  globalisation  globalization  DWP  Iain  Duncan  Smith  GFC  Steel  Crisis  Steel  Industry  energy  price  University  Germany  education  education  bubble  AI  automation  Robotics  Robots  autonomous  car  self-driving  cars  autonomous  cars  augmented  intelligence 
july 2016 by asterisk2a
Tyler Cowen: "The Great Stagnation", Michael Vassar & Cowen Debate at Singularity Summit 2011
gains are harder to come by! low hanging fruit gone. [...] VISION IS NEEDED TO GET THE JOB DONE.
secular  stagnation  western  world  underinvestment  R&D  R&D  innovation  Innovators  Dilemma  rentier  rent-seeking  oligopol  oligopoly  winner  take  all  babyboomers  Generationengerechtigkeit  fairness  austerity  triple-lock  pension  pension  obligation  recovery  Super  Rich  1%  plutocracy  oligarchy  No  Representation  lobby  Career  Politicians  OAP  demographic  bubble  ageing  population  sick  population  health  crisis  economic  damage  climate  crisis  climate  change  global  warming  productivity  gap  output  gap  GDP  measurement  GNP  nominal  GDP  targeting  inflation  targeting  BRIC  creative  destruction  Mobile  Debt  Super  Cycle  servitude  servicing  service  income  tax  receipts  tax  evasion  tax  avoidance  Moore's  Law  COP21  macroeconomic  policy  microeconomic  policy  OECD  IMF  crony  capitalism  Privileged  Establishment  shareholder  capitalism  profit  maximisation  profit  maximization  shareholder  value  revolving  door  Wall  Street  squeezed  middle  class  working  poor  disposable  income  trickle-down  economics  neoliberal  neoliberalism  discretionary  spending  renewable  energy  infrastructure  investment  Smart  Grid  AI  artificial  intelligence  augmented  intelligence  Autonomous  Cars  ZIRP  NIRP  QE  New  stagnation 
april 2016 by asterisk2a
Weltwirtschaft: Ökonomen halten Ende des Wachstums für unvermeidlich - SPIEGEL ONLINE
Weltwirtschaft: Ökonomen halten Ende des Wachstums für unvermeidlich [...] Ein Beispiel: Wenn das Bruttosozialprodukt eines Landes 10 Milliarden Euro beträgt und um eine Milliarde Euro wächst, dann entspricht das einer Steigerung von zehn Prozent. Wenn das BIP aber 1000 Milliarden Euro beträgt, dann müsste die Wirtschaft schon um 100 Milliarden Euro wachsen, um ein Wachstum von zehn Prozent zu schaffen. Wächst das BIP wie vorher um eine Milliarde Euro, entspricht das nur noch einer Steigerung von 0,1 Prozent. Die Wirtschaft wäre dann sozusagen ausgewachsen. Die alten Zeiten kehren nicht mehr zurück [...] Sollten die Ökonomen recht haben, hätte das für Staat und Sozialsysteme einschneidende Folgen: Die Planung von Bundeshaushalt oder Rentenkasse geht von einem Wachstum irgendwo zwischen ein und zwei Prozent pro Jahr aus. [...] Die Wirtschaft "unabhängiger vom Wachstum gestalten"
G20  George  Osborne  UK  austerity  Europe  Schuldenbremse  Fiscal  Pact  Germany  Wolfgang  Schäuble  Angela  Merkel  secular  stagnation  Richard  Koo  aggregate  demand  budget  deficit  economic  history  finite  resources  resource  depletion  economic  growth  global  economy  policy  monetary  policy  policy  error  policy  folly  Japan  Abenomics  demographic  bubble  ageing  population  AI  artificial  intelligence  Robotics  self-driving  cars  autonomous  car  structural  unemployment  unemployment  long-term  unemployment  youth  unemployment  productivity  output  gap  squeezed  middle  class  Precariat  working  poor  low  pay  low  income  precarious  work  Zero  Hour  Contract  Contractor  underinvestment  marginal  cost  competitiveness  energy  policy  energy  price  flat  world  borderless  globalization  globalisation  economics  of  abundance  post-capitalism  Larry  Summers  Gini  coefficient  inequality  Super  Rich  1%  plutocracy  oligarchy  democracy  social  democracy  Soziale  Marktwirtschaft  trickle-down  economics  dogma  ideology  free  market  self-regulation  neoliberalism  neoliberal  education  policy  income  inequality  GDP  nominal  GDP  targeting  inflation  targeting  liquidity  trap  credit  bubble  distortion  ZIRP  NIRP  QE  USA 
february 2016 by asterisk2a
What's going on in UK manufacturing? - BBC News
Manufacturing abt 10% of UK output. The rest of the production industries: mining, quarrying, gas, electricity, water and sewage account for another 5%. The service sector accounts for 79%, with construction making up the final 6%. In the last decade, manufacturing grew gradually from 2005 to 2008, at which point it took a dive in the financial crisis in common with the rest of the economy. It recovered from 2010 until the start of 2012 and has been pretty volatile since then. The sector is still below its pre-crisis peaks, unlike the service sector, which is well above its pre-crisis level. [...] the sector had been "stunned by a triple combination of a sharp slowdown in consumer spending, weak business investment and stagnating export order inflows". But most of the big headlines have been about one sector: steel [ energy price not competitive & bust of commodity prices blown up by ZIRP, NIRP & QE ] [ why not lower energy prices for all!?] & bit.ly/1hPrPrn &! bbc.in/1jRMjRF
UK  industrial  policy  Smart  Grid  Revolution  2.0  STEM  Software  Is  Eating  The  World  energy  price  energy  policy  3D  printing  Robotics  automation  Heavy  Industry  regulation  carbon  tax  barriers  to  entry  cost  of  entry  Workers  Union  BRIC  China  competitive  competitiveness  knowledge  economy  skills  gap  AIIB  competitive  advantage  Mobile  Creatives  Mobile  Creative  George  Osborne  David  Cameron  Tories  Conservative  Party  neoliberalism  neoliberal  renewable  energy  R&D  Research  trickle-down  economics  Super  Rich  1%  corporate  welfare  tax  evasion  tax  avoidance  foreign  investment  commodity  prices  carbon  trading  scheme  carbonfootprint  carbonemission  climate  change  global  warming  lobbyist  lobby  Lobbying  green  energy  solar  energy  wind  energy  European  Union  national  interest  protectionism 
october 2015 by asterisk2a
Group of 20 Financial Leaders Agree to Act to Bolster Growth - The New York Times
Ms. Lagarde was even more explicit, making it clear that governments had for too long relied on the supply of cheap cash from central banks that have been running ultra-loose monetary policy. “Monetary policy alone will not cut it,” she said. “It is necessary, it is recommended from our perspective, particularly in Europe and in Japan still, but it will not cut it on its own. “Clearly in the fiscal sphere as well as in the structural reforms sphere, more needs to be done, and it needs to accompany and eventually take the baton from the central bank governors.”
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september 2015 by asterisk2a
Maybe This Global Slowdown Is Different - Bloomberg View
[ warren buffet investing in america because he sees the long-term outcome of Globalisation (first was incredible pain and then a flat and then a normalisation). He is buying at the bottom of normalisation period. A truly flat, borderless world in next 20-30 years. Where USA is energy competitive with high skilled labour and top notch STEM, Research and R&D through its edu/colleges/university departments. Able to effectively compete. And also lobby for subsidies, gov contracts (ie defense, infrastructure! which will have to be replaced to the tune of trillions), effective tax avoidance & evasion. ] // Building global supply chains became so fashionable for Western manufacturers that they built them even when it made sense to keep production closer to customers; now they're retrenching and revising their approach.
warrenbuffet  USA  economic  history  globalisation  globalization  borderless  flat  world  competitive  competition  competitiveness  competitive  advantage  marginal  cost  economics  of  abundance  energy  price  renewable  energy  STEM  Industrial  Revolution  2.0  infrastructure  investment  western  world  Smart  Grid  deflationary  deflation  secular  stagnation  global  trade  global  economy  global  imbalances  faultlines  Structural  Impediments  imbalance  R&D  Research  digital  economy  knowledge  economy  Future  of  Work  Mobile  Creatives  Software  Is  Eating  The  3D  printing  Robotics  automation  GFC  recovery  long-term  view  long-term  added  value  value  creation  differentiate  differentiation  energy  efficiency  energy  policy 
september 2015 by asterisk2a
Jeremy Rifkin on the Fall of Capitalism and the Internet of Things - YouTube
// good and services - commoditisation - near priceless. // mass market becomes zero marginal cost business - commodity! thus have to differentiate ie through freemium/premium/subscription model! two tier. // attention span - news is free, ppl are satiated quiet often with free news, that they don't pay for premium products (except niche) like analysis&perspective & brand pull. have to add more value to core value prop and intangible value - like community & leadership // every consumer can become a prosumer //
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august 2015 by asterisk2a
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.
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august 2015 by asterisk2a
Do You Trust Larry Page? - Stratechery by Ben Thompson
Given the fact that Alphabet née Google is the second most valuable enterprise in the world, it’s striking to consider Larry Page’s 2014 assessment of the company he co-founded with Sergey Brin: I think we’ve not succeeded as much as we’d like. [...] Even Google’s famously far-reaching mission statement, to “organise the world’s information and make it universally accessible and useful”, is not big enough for what he now has in mind. The aim: to use the money that is spouting from its search advertising business to stake out positions in boom industries of the future, from biotech to robotics. [...] Googles non-social approach to advertising vs Facebook and everyone else ] [ ad world begins finally to shift away from TV & other legacy forms & FB/Google are main beneficiaries coming years of changing ad spend ] [ Page/Brin want 2 lead the org 2 a new frontier. A new Google Search. &they think they a near it, ie self-driving car, that they think the timing is right NOW ]
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august 2015 by asterisk2a
How Uber’s Autonomous Cars Will Destroy 10 Million Jobs And Reshape The Economy by 2025 « CBS San Francisco
[The 2nd Industrial Revolution enabled by Moore's Law from 2000-2030/50: autonomous cars, software eats the world, marketplaces, share economy, automation, robotics, AI/augmented reality, local - just in time manufacturing via 3D printing, renewable energy and 100% recycling of everything.] The transition is already beginning to happen. Elon Musk, Tesla Motor’s CEO, says that their 2015 models will be able to self-drive 90 percent of the time.1 And the major automakers aren’t far behind – according to Bloomberg News, GM’s 2017 models will feature “technology that takes control of steering, acceleration and braking at highway speeds of 70 miles per hour or in stop-and-go congested traffic.”2 Both Google3 and Tesla4 predict that fully-autonomous cars – what Musk describes as “true autonomous driving where you could literally get in the car, go to sleep and wake up at your destination” – will be available to the public by 2020. (( via bit.ly/1DAKDDN ))
Autonomous  Cars  automotive  public  transportation  transportation  Uber  Lyft  workforce  knowledge  worker  knowledge  economy  Software  Is  Eating  The  World  Industrial  Revolution  Moore's  Law  Why  Software  Is  Eating  World  marketplace  efficiencies  marketplace  marketplace  inefficiencies  Share  automation  Robotics  3D  printing  manufacturing  AI  augmented  intelligence  Mobile  Creative  Mobile  Creatives  recycling  renewable  energy  marketplace  plurality  long-tail  Future  of  Work  education  policy  IoT  hyperlocal  local  futurists  Future  workless  White-collar  6-hour  day  4-day  week  Blue-collar  working  poor  precarious  working  class  Universal  Basic  Income  inequality  Gini  coefficient  inequality  poverty  Liberal  Arts  destruction  disrupting  markets  disruption  policy  21stcentury  Etsy  Amazon  Google  Search  Platform  Silo  Information  wants  to  be  free  Signal  vs.  Noise  filter  bubble  education  bubble  democracy  No  Representation  Career  Politicians  short-term  thinking  short-term  view  long-term  thinking  long-term  view 
february 2015 by asterisk2a

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