asterisk2a + robotics + entrepreneurial   4

Steve Keen on Education - YouTube
economy future relies on innovation. and if you check and monitor to death a system, and add bureaucracy on top of it, and low wages, and being under staffed and being over worked. and crowded, noisy class rooms (unable to spot talent and unable to sponsor). you can't have a prosperous future economy/generation with high social mobility. higher incomes. new industries. // oh and theyve cut research to nothing // oh and the creative digital industry is complaining, and added value industry is complaining about lack of qualified/skilled young workforce. // // UK will lose rest of its heavy industry because of energy prices it can't compete on world wide because it hasn't invested in the Smart Grid, energy storage systems, infrastructure, and renewable energy! Period. Budget2015 they cut all of renewable investment schemes and even had the audacity to put a carbon tax levy on it!
UK  education  policy  social  mobility  income  mobility  Gini  coefficient  STEM  University  College  vocational  education  apprenticeships  austerity  Tories  Conservative  Party  Toff  Establishment  Privileged  Research  knowledge  economy  knowledge  worker  skill-biased  technological  change  skills  gap  capital  skills  practical  skills  practical  skill  set  softskills  Fachkräftemangel  Millennials  generationy  entrepreneurship  entrepreneurial  social  entrepreneurship  capitalism  creative  destruction  disruption  Software  Is  Eating  The  World  Robotics  3D  printing  automotive  automation  self-driving  cars  autonomous  car  globalization  globalisation  borderless  flat  competitive  competition  competitive  advantage  competitiveness  public  investment  business  investment  underinvestment  productive  investment  infrastructure  investment  long-term  view  short-term  view  Career  Politicians  No  Representation  social  contract  Generationengerechtigkeit  fairness  secular  stagnation 
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
Bank of England says UK economy to grow by 2.5% in 2015 - BBC News
Mr Carney warned of "underlying weakness" as the Bank gave a gloomier picture for productivity growth. The Bank revised down its productivity forecast because it sees a disproportionate number of new jobs as low-skilled and low-output. Productivity growth is now expected to improve only modestly in the coming year before remaining below past average rates. 'Underinvestment' "Today's report should leave nobody in any doubt about the fundamental role of productivity growth in the UK economy's performance," said Aberdeen Asset Management chief economist Lucy O'Carroll. "The Bank of England has downgraded its growth outlook, and Mark Carney has put poor productivity right at the centre of the story. "He may have put part of the productivity disappointment of recent years down to a disproportionate pick-up in low-productivity jobs, but he has also admitted that underinvestment has played a role." [...] [+ EU&Global (China) headwinds] = in no rush to raise interest rates. &! bbc.in/1RIb9Ah
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may 2015 by asterisk2a
We Are All Venture Capitalists Now | TechCrunch
In Mediocristan, you work fixed hours for a fixed wage. In Extremistan, success is enormously lucrative, but failure is far more common … and, for artists, condemns you to a life of grinding poverty and/or working outside of your chosen field. Of course tech startups also live in Extremistan. So too does venture capital itself, a meta-tournament of picking winners, in which enough money is (hopefully) made from the few big hits to outweigh the inevitable failures– –and so too will we all, soon enough. I’ve argued before that, because software is eating the world, “technology is slowly dragging us all, economically, away from Mediocristan and into Extremistan.” The power of software is such that it gives ever-smaller numbers of people ever-greater leverage. Meanwhile, much of yesterday’s rote Mediocristan work can and will be automated tomorrow. As a result, our economies are moving (slowly, in fits and starts) to a power-law Extremistan future. [ Seth Godin "be remarkable" ]
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april 2015 by asterisk2a

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