asterisk2a + robotics + exploitation   14

How Trump Could Cause the Economic Meltdown - YouTube
Trump not addressing working poor, tech unemployment all unemployment and poor pay, growth of service sector jobs not caused by globalisation only. [...] Skidelsky promised leisure time is not in sight!!! bc tech put in place for profitmaximisation. more productivity, but worker retrained using robot paid same as before. not better. // Institutionalize Redistribution via Co-Ops (ie profit sharing, not CEO pay excess, no Wall Street shareholder dividends, but workers dividends (13th monthly payment), // Repeal ACA/Obamacare, is tax cut for 200k (250k as couple) households (10-1%)! canceling their progressive taxes on healthcare, to subsidize the poor and those without. what Obamacare enabled, insuring millions of uninsured, bc could not afford it. // Capitalism does not provide security to working class. bc taken over by neolib, crony, two rules, corruption, 1% fouvourism // do not reform, institutionalise from bottom and top redistribution ie co-op, progressive taxation (w investment tax free brackets), no tax evasion/avoidance harsher sentences, universal basic income w edu reform (Richard David Precht), ...
DonaldTrump  Donald  Trump  Co-Op  wealth  redistribution  Precariat  working  poor  Service  Sector  USA  income  growth  wage  CEO  pay  WallStreet  shareholder  stakeholder  GFC  squeezed  middle  class  poverty  trap  Consumer  Debt  household  debtoverhang  discretionary  spending  disposable  AI  Robotics  Skidelsky  technological  Productivity  leisure  time  part-time  Obamacare  ACA  neoliberal  neoliberalism  crony  Capitalism  Exploitation 
january 2017 by asterisk2a
The Incredible Shrinking Middle Class - YouTube
Canada: Generation Jobless - https://youtu.be/4UUuMWqA8eE - "The Plight of Younger Workers" (Report).& underemployed graduates w fancy sounding degrees. [...] EDUCATION INFLATION! [...] an education does no more guarantee a comfortable middle class jobs, and parents are disappointed. [...] globalisation of workforce plus automation, robotics, AI, augmented intelligence. the new GM's and Toyota's and DuPonts need less and less workers to catch ever greater pies of the current and future economy. [...] rise of the project focused self-employed and the Gig Economy. //&! (USA) Invisible Reality; The Working Poor - youtu.be/806PSngTKgg //&! FULL STORY: Generation Poor - youtu.be/lB4w8MQPdEE //&! FULL STORY: The Labour Trap - youtu.be/cHBo3LgXUPA - precarious work is now more and more the norm. as well as exploitation of those conditions.
squeezed  middle  class  working  poor  Precariat  precarious  employment  precarious  work  Zero  Hour  Contract  part-time  part-time  employment  underemployed  underemployment  structural  unemployment  overqualified  overqualification  social  mobility  income  mobility  western  world  USA  secular  stagnation  GFC  economic  history  Student  Loan  Bubble  debt  loans  youth  unemployment  demographic  ageing  population  Canada  OECD  low  pay  globalisation  emerging  middle  class  automation  Robotics  Robots  AI  artificial  intelligence  augmented  intelligence  self-driving  cars  autonomous  car  autonomous  cars  linkedin  IBM  Microsoft  Facebook  Instagram  WhatsApp  Oracle  Google  temporary  work  babyboomers  Baby  Boomers  self-employment  Gig  Economy  1099  Economy  Higher  Education  internship  apprenticeship  apprenticeships  exploitation  profit  maximisation  profit  maximization  shareholder  value  capitalism 
june 2016 by asterisk2a
The Growth Trap
[ growing for growth sake! vs growing in a world/area that is not conducive to grow ] When Twitter went public in 2013, its stock soared and its value jumped to $25 billion. Its founders and early investors got rich. But since then, the company has been considered a failure, despite the fact that it boasts 320 million active users, because it's not growing fast enough. Douglas Rushkoff, author of "Throwing Rocks at the Google Bus: How Growth Became the Enemy of Prosperity," talks to Steve Paikin about why he sees the push for more growth as dangerous. // true capitalists (shareholder, crony, greedy) w/o self-regulation or governance extract all the value there is to extract and then leave, dispersing it to the few who already have [...] WE MUST REWRITE THE RULES OF THE GROWTH GAME ITSELF! [...] you want to optimise the economy based on velocity of money (circulation of money), not share price and value extraction [...]
Venture  Capital  Unicorn  shareholder  capitalism  Greed  shareholder  value  profit  maximisation  profit  maximization  Wall  Street  Wall  Street  activists  Yahoo!  Google  Inc.  Alphabet  Inc.  Microsoft  IBM  Intel  Oracle  capitalism  exploitation  Super  Rich  short-termism  short-term  thinking  1%  plutocracy  oligarchy  M&A  economic  growth  growth  round  Mutual  Fund  macroeconomic  policy  secular  stagnation  Private  Equity  MBO  Pivot  IPO  dividends  prosperity  Start-Ups  Start-up  s&p500  pension  scheme  pension  finite  resources  resource  depletion  economic  history  creative  destruction  share  buyback  Apple  capitalism  in  crisis  capitalist  Uber  monopoly  oligopol  oligopoly  antitrust  corruption  western  world  squeezed  middle  class  emerging  middle  class  BRIC  business  cycle  company  book  cost  center  overhead  costcutting  operating  performance  operating  margin  globalisation  globalization  Universal  Basic  Income  artificial  intelligence  AI  augmented  intelligence  Robotics  automation  structural  unemployment  materialism  consumerism  status  anxiety  disenfranchise  disenfranchised  youth  unemployment  post-capitalism  Mobile  Banlieue  deprivation  poverty  trap  poverty  meritocracy  meritocratic  Gini  value  coefficie 
april 2016 by asterisk2a
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
Angela Merkel: Abschottung ist keine Option mehr - SPIEGEL ONLINE
bit.ly/1QvB63Z &! bit.ly/1Ne9n73 - Kanzlerin Merkel vor dem Bundestag erklärt zum Zusammenhalt in der EU gemahnt. Man stehe vor "historischen" Prüfungen. //&! Stärken die Flüchtlinge den Standort Deutschland oder kommen hohe Kosten auf die Sozialkassen zu? Der Ökonom Raffelhüschen warnt vor massiven Steuererhöhungen und steigender Altersarmut. - bit.ly/1KaYeiO - Schon heute gebe es in Deutschland Hunderttausende unqualifizierte Arbeitslose. "Es kommen jetzt bis zu 1,5 Millionen Menschen dazu, von denen etwa 70 Prozent ebenfalls unqualifiziert sind", sagte Raffelhüschen der Nachrichtenagentur dpa. &! bit.ly/1NDSvcn - Geringqualifizierten droht in Deutschland heute häufiger ein Leben in Armut als noch vor zehn Jahren. Mehr als 30 Prozent derjenigen ohne Berufsausbildung und mit höchstens einem Realschulabschluss sind demnach armutsgefährdet. &! Integrationsdebatte: Lammert fordert von Flüchtlingen Anpassung an "Leitkultur" - bit.ly/1MEOmEq
refugee  crisis  GroKo  Germany  Angela  Merkel  Soziale  Marktwirtschaft  austerity  Wolfgang  Schäuble  underemployed  skills  gap  education  policy  integration  Sozialpolitik  immigration  migration  fiscal  policy  underinvestment  productive  investment  infrastructure  investment  Schuldenbremse  Pact  European  Union  economic  history  recovery  globalisation  globalization  flat  world  competitive  competitiveness  lohndumping  Sozialer  Abstieg  precarious  work  Precariat  working  poor  minimum  wage  mindestlohn  Minijob  hartz-iv  refugee  Asylbewerber  Asylum  Altersarmut  poverty  child  poverty  poverty  in  old  age  poverty  trap  Gini  coefficient  tax  evasion  tax  avoidance  Wall  Street  Greed  crony  capitalism  fairness  Generationengerechtigkeit  capitalism  exploitation  Workers  Union  Trade  Union  subsidies  subsidizing  welfare  state  social  safety  net  social  mobility  income  mobility  Realschulabschluss  vocational  education  professional  education  Qualification  Software  Is  Eating  The  Robotics  automation  Service  Sector  Jobs  job  security  labour  market  job  market  Niedriglohn  Niedriglohnsektor  secular  stagnation  Niall  Ferguson  trickle-down  economics  neoliberalism  neoliberal  Makers  lobb 
october 2015 by asterisk2a
Twitter works just fine – but for investors, anything except total market domination is a disaster | Comment is free | The Guardian
Nothing better illustrates capitalism’s addiction to illogic than the mismatch between Twitter’s workability and its unpopularity with Wall Street [...] Any company that cannot demonstrate a clear route to monopolising its space, monetising its users’ data on a vast scale, is to be discarded, targeted for acquisition, consigned to perpetual dowdiness. [...] When I’ve pointed to Wikipedia, Apache or Linux as harbingers of a new, non-market, open source economics, one of the stock responses is: “now show us something more spectacular.” The problem is, these modest, functional and free products are already in their own way spectacular. Wikipedia is the biggest information product in the world; Apache runs half the world’s web servers; and Linux is the system of choice for at least a third of all servers (the computers that run businesses) and 97% of the world’s supercomputers.
Twitter  Wall  Street  shareholder  value  profit  maximisation  short-term  short-term  thinking  short-term  view  crony  capitalism  capitalism  exploitation  post-capitalism  monopoly  monopsony  oligopoly  oligopol  Facebook  IPO  Google  Open  Source  Share  Economy  Open  Data  Wikipedia  GNU/Linux  Apache  Wordpress  creative  destruction  Software  Is  Eating  The  World  3D  printing  Robotics  automotive  self-driving  cars  disrupting  markets  disruption  Marketplace  commodity  business  commoditization  marginal  cost  differentiate  differentiation  economics  of  abundance  autonomous  car  automation  Future  of  Work  Mobile  Creatives  Mobile  21stcentury  Collaborative  collaboration  cooperation  user  generated  content  crowdsourcing  Industrial  Revolution  2.0  policy  Industrial  Revolution  economic  history  trickle-down  economics  Universal  Basic  Income  winner  take  all  Amazon  SAP  Salesforce  inequality  Thomas  Piketty  Super  Rich  1%  mainstreet.org  tax  evasion  tax  avoidance  Gini  coefficient  deregulation  neoliberalism  neoliberal  self-regulation  regulators  regulation  utility  public  utility  Good  Silicon  Valley  Unicorn  Decacorn  Private  Market 
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.
squeezed  middle  class  White-collar  Worker  Blue-collar  Worker  manual  labour  labour  market  job  creation  skill-biased  technological  change  practical  skill  set  practical  skills  skill  gap  capital  skills  skills  gap  automation  Robotics  working  poor  Software  Is  Eating  The  World  3D  printing  Manufacturing  industrial  policy  UK  USA  Europe  developed  western  Future  of  Work  knowledge  economy  Problem  Solving  Mobile  Creatives  Mobile  Creative  domain  knowledge  knowledge  algorithm  precarious  Zero  Hour  Contract  Contractor  self-employment  insecurity  job  security  technological  progress  STEM  Makers  protectionism  Research  Revolution  2.0  Revolution  Universal  Basic  Income  tax  credit  tax  free  economics  of  abundance  marginal  cost  renewable  energy  Marketplace  destruction  creator  innovator  innovation  entrepreneurial  entrepreneurship  entrepreneur  Precariat  Share  post-capitalism  Super  Rich  1%  inequality  mobility  social  mobility  rapid  change  generational  change  tax  code  capital  gains  tax  growth  wage  stagnation  secular  stagnation  productivity  output  gap  shared  economic  interest  Wall  Street  exploitation  shareholder  value  profit  maximisation  fairness  Generationengerechtigkeit  Gesellschaft  identity  status  status  social  status  social  an 
august 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
Deutschlands Handelsbilanz: Die Probleme einer Exportnation - SPIEGEL ONLINE
In Deutschland wird zu wenig investiert, zugleich spielen wir bei den Exporten bald in unserer eigenen Liga. Die Unternehmenslobby fordert eine Senkung der Lohnkosten. Doch genau das Gegenteil wäre die richtige Lösung. // &! Müllers Memo: Der Kapitalismus funktioniert nicht mehr - Die Weltwirtschaft leidet immer noch stark unter den Folgen der Krise von 2008. Der Hauptgrund: Die Unternehmen investieren viel weniger als früher.
business  confidence  trustagent  trust  GFC  recovery  deleveraging  global  imbalances  balance  sheet  recession  debtoverhang  sovereign  debt  crisis  PIGS  Europe  ECB  economic  history  IMF  austerity  OECD  business  investment  productive  investment  productivity  output  gap  UK  Wall  Street  Germany  France  infrastructure  investment  BRIC  Asia  Latin  America  borderless  globalisation  flat  world  globalization  savings  glut  ZIRP  NIRP  QE  hunt  for  yield  bond  bubble  debt  bubble  unintended  consequences  Taper  USA  Fed  BOE  Abenomics  BOJ  lost  decade  lost  generation  youth  unemployment  precarious  work  Precariat  Service  Sector  Jobs  Share  Economy  Services  Industry  Industrial  Revolution  Future  of  Software  Is  Eating  The  automation  Robotics  AI  artificial  intelligence  augmented  intelligence  algorithm  Super  Rich  1%  middle  class  squeezed  middle  class  living  wage  working  poor  Exportweltmeister  crony  capitalism  exploitation  lobby  Lobbying  lobbyist  Career  Politicians  No  Representation  consumer  confidence  demographic  bubble  zombie  corporations  zombie  banks  zombie  consumer  secular  stagnation  structural  imbalance  Impediments  faultlines 
april 2015 by asterisk2a
DLD15: Andrew Keen: "The Internet is not the Answer" | G! blog - YouTube
>> Speed of change has changed, accelerated. (powerlaw distribution and hockeystick growth of apps) << >> Digital Society isn't working << // "Making the World a better place."- Claim. Criticism is about Privacy, user of Data (TOS), transparency, and how the sum of those companies affect humanity/society ... &! TNW – Andrew Keen – The internet is not the answer | The Next Web - youtube.com/watch?v=moLLHxxD0JM &! youtube.com/watch?v=sVEtTzlqsoE 'Universal Basic Income has to come in the future because of the Future of Work and the Mobile Creative. etc etc.' &! DLD15 Interview/Debate - youtube.com/watch?v=8lV3YRJKLq8 &! youtube.com/watch?v=15SN91hVxSg 'Uber Co. epitomise what it isn't working for people of the rest of the world. It's working for some type of people who have a stake in the company. [...] I am a digital environmentalist.'
Andrew  Keen  book  Social  Media  attention  span  Facebook  Uber  cohesion  Google  Amazon  accountability  oversight  Political  Governance  corporate  working  poor  precarious  work  Precariat  Proletariat  safety  net  Universal  Basic  Income  Grundeinkommen  Mobile  Creative  Mobile  Creatives  exploitation  Future  of  Internet  Signal  vs.  Noise  filter  bubble  education  policy  underemployed  Digital  Revolution  employment  Capital  business  model  labour  market  labour  economics  Robotics  AI  automation  critic  critiques  criticism  Silicon  Valley  algorithm  Software  Is  Eating  The  World  Why  Software  Is  Eating  World  inefficiencies  efficient  disrupting  markets  disruption  Industrial  Revolution  history  technological  history  regulators  self-regulation  regulation 
january 2015 by asterisk2a
Google to Make Security Guards Employees, Rather Than Contractors - Digits - WSJ
In a move that could reverberate around Silicon Valley, Google plans to hire more than 200 security guards as its own employees, rather than through an outside contractor. The guards will be eligible for the same benefits as other Googlers, including health insurance, retirement benefits, on-site medical services, leave for new parents and more. The move comes amid rising concerns about income disparities in the San Francisco Bay Area. A think tank with ties to organized labor issued a report in August highlighting the differences in pay, benefits and working conditions between tech-company employees and service workers such as security guards, janitors and landscapers who primarily work for outside contractors. [...] The August think tank report found that the median hourly wage is $14 an hour for security guards in Santa Clara County – home to Google and scores of other tech companies. By contrast, the median wage for software developers is roughly $63 an hour.
CSR  living  wage  Google  Larry  Page  working  poor  underemployed  Gini  coefficient  inequality  San  Francisco  Silicon  Valley  squeezed  middle  class  structural  unemployment  USA  income  mobility  downward  mobility  social  mobility  income  growth  tax  free  income  income  inequality  income  distribution  income  redistribution  6-hour  work  day  4-day  work  week  Future  of  productivity  social  cohesion  Mobile  Creative  Mobile  Creatives  education  policy  Public  labour  economics  labour  market  Robotics  automation  Why  Software  Is  Eating  the  World  Software  Is  Eating  World  self-employment  contractor  exploitation  Universal  Basic  Grundeinkommen  Super  Rich  1%  tax  evasion  tax  avoidance  crony  capitalism  Wall  Street  profit  maximisation 
october 2014 by asterisk2a
Frohes Schaffen - Ein Film zur Senkung der Arbeitsmoral (2012) - IMDb
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august 2014 by asterisk2a

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