asterisk2a + robotics + flat   25

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
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
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.”
Europe  IMF  UK  USA  western  world  Richard  Koo  recovery  fiscal  policy  fiscal  stimulus  long-term  view  long-term  thinking  underinvestment  productive  investment  infrastructure  investment  industrial  policy  STEM  R&D  austerity  George  Osborne  ChristineLagarde  OECD  GFC  economic  history  trickle-down  economics  neoliberalism  neoliberal  liberal  economic  reform  Research  competitiveness  differentiate  differentiation  value  creation  added  value  Manufacturing  job  creation  Niedriglohnsektor  Service  Sector  Jobs  Future  of  Work  Smart  Grid  renewable  energy  business  investment  consumer  debt  household  debt  debtoverhang  monetary  policy  QE  ZIRP  NIRP  Germany  Pact  Schuldenbremse  Angela  Merkel  Wolfgang  Schäuble  inequality  Gini  coefficient  education  policy  David  Cameron  dogma  ideology  academia  academics  Mark  Blyth  Joseph  Stiglitz  Robert  Reich  Paul  Krugman  wage  growth  income  growth  G20  wage  stagnation  secular  stagnation  globalisation  globalization  flat  world  borderless  competitive  competition  currency  war  currency-war  currency  debasement  Exportweltmeister  BRIC  credit  bubble  global  economy  global  trade  global  imbalances  faultlines  structural  imbalance  Impediments  American  Dream  economy  energy  energy  policy 
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
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
Darwinism At Your Doorstep: Why You Only Care About Amazon Now | TechCrunch
“You either fit here or you don’t,” and that in Seattle the company has a widespread reputation for its toughness. For now, you have a choice whether to work for Amazon. For now, you have options. Amazon is the vanguard of a very scary movement in the tech sector but we’re not all there yet (though some techbros on Twitter seem happy at the thought of Amazon culture catching on). [...] Why do we care suddenly about working conditions when it turns out that white-collar employees are the ones getting shafted? The workers at Amazon fulfillment centers have much less choice and much less power than the marketers and engineers in the Times piece. [...] We’re acting shocked and horrified that Amazon applies what it calls “purposeful Darwinism” to people with MBAs and PhDs, // [ trend, conditions known in service sector job and manual labour sector swapping over into the cushy world of blue-/white-collar worker ] Capitalism regresses toward feudalism.
Amazon  Silicon  Valley  corporate  culture  corporate  values  HR  human  resources  squeezed  middle  class  Sozialer  Abstieg  White-collar  Worker  Blue-collar  Worker  working  poor  precarious  work  class  warfare  USA  UK  competitive  competitiveness  competition  neoliberalism  neoliberal  perks  benefits  Europe  globalization  globalisation  borderless  Software  Is  Eating  The  World  automation  Robotics  flat  self-employment  freelance  freelancing  Zero  Hour  Contract  Contractor  Service  Sector  Jobs  manual  labour  job  market  labour  economics  labour  market  western  secular  stagnation  economic  history  differentiate  differentiation  Seth  Godin  career  ladder  career  advice  being  remarkable  Purple  Cow  Future  of  Mobile  Creatives  Mobile  Creative  destruction  capitalism  crony  capitalism  Wall  Street  profit  maximisation  shareholder  value  Jeff  Bezos  monopsony  monopoly  deflationary  deflation  wage  stagnation  trickle-down  economics  Thomas  Piketty  book  Universal  Basic  Income  tax  code  Super  Rich  1%  inequality  inequality  Gini  coefficient  tax  capital  gains  tax  capital  gains  technological  progress  skill-biased  technological  change  technological  history  augmented  intelligence  living  standard  standard  of  living  cost  of  living  living  wage 
august 2015 by asterisk2a
Japan Exports Its Way to Irrelevance - Bloomberg View
[ Politicians as always will react with reactionary unimaginative policy, competing for the same pie. instead of enabling, supporting new pies to be created. ] But Abe needs to recognize, as China already has, that this is only the latest sign of a broader reality: Asia's old export model of economic growth no longer works. [...] All the stimulus BOJ Governor Haruhiko Kuroda can muster won't change the worsening trajectory of the region's most-populous nation. That's why Abe needs to take a page from Beijing and focus more on creating new industries at home. [ the base of home grown new market/category/vertical also includes sound middle class to buy those products. demand at home. social safety net (security). and less inequality. progressive taxation. fight tax evasion/avoidance, monopoles, monopsonies, bribery, corruption. and politicians making policy for lobby. ]
Germany  Exportweltmeister  Japan  China  India  Latin  America  competitive  competition  competitiveness  flat  world  borderless  globalization  globalisation  differentiate  differentiation  Abenomics  economic  history  IMF  OECD  global  economy  global  trade  Future  of  Work  Universal  Basic  Income  tax  free  Mobile  Creatives  Mobile  Creative  3D  printing  Software  Is  Eating  The  Robotics  automation  ownership  cost  of  ownership  Millennials  consumerist  consumerism  Frontier  Markets  Developing  western  world  UK  USA  Europe  secular  stagnation  developed  world  current  account  deficit  lohndumping  Lohnzurückhaltung  liberal  economic  reform  neoliberalism  neoliberal  Career  Politicians  No  Representation  technological  progress  biotechnologie  biotechnology  on-demand  convenience  marketplace  efficiencies  commodity  business  commoditization  deflationary  deflation  21stcentury  Industrial  Revolution  2.0  policy  error  policy  folly  inequality  Gini  coefficient  social  mobility  mobility  squeezed  middle  class  complexity  Supply  and  Demand  Demand  and  Supply  unknown  unkown  unintended  consequences  asset  bubble  asset  allocation  hunt  for  yield  currency  currency  policy  policy  w 
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
productivity  UK  job  creation  labour  market  labour  economics  Niedriglohn  Niedriglohnsektor  Services  Industry  service  industrial  policy  structural  imbalance  Impediments  output  gap  recovery  working  poor  squeezed  middle  class  USA  precarious  work  Precariat  self-employment  contractor  Zero  Hour  Contract  outsourcing  borderless  flat  world  globalisation  globalization  competitiveness  competitive  competition  Manufacturing  Career  Politicians  short-term  thinking  short-term  view  economic  history  GFC  dot.com  productive  investment  hunt  for  yield  asset  allocation  ZIRP  NIRP  QE  unintended  consequences  speculative  bubbles  speculative  speculation  ecosystem  education  policy  vocational  education  continual  education  underemployed  employability  long-term  unemployment  structural  unemployment  Revolution  2.0  entrepreneurial  entrepreneurship  Start-up  SME  SMB  Mittelstand  Software  Is  Eating  The  Share  Economy  service  Sector  Jobs  2015  sociology  trust  advice  psychology  anxiety  secular  stagnation  deflationary  digital  knowledge  sharing  shadow  1099  Economy  New  Economy  Venture  Capital  wantrepreneur  Year  of  Code  practical  skills  practical  skill  set  of  economics  of  apprenticesh 
may 2015 by asterisk2a
After Your Job Is Gone | TechCrunch
Future  of  Work  Mobile  Creatives  Mobile  Creative  Software  Is  Eating  The  World  Robotics  autonomous  car  self-driving  cars  algorithm  automation  first  homescreen  phone  Peak  Peak  Jobs  self-employment  Zero  Hour  Contract  contractor  precarious  Precariat  working  poor  crony  capitalism  shareholder  value  profit  maximisation  globalisation  globalization  borderless  flat  competitiveness  competitive  competition  freelance  freelancing  competitive  advantage  education  policy  Share  Economy  Service  Sector  Jobs  Niedriglohn  Niedriglohnsektor  industry  Services  on-demand  convenience  austerity  Universal  Basic  Income  welfare  welfare  state  social  safety  net  minimum  wage  living  wage  Makers  Career  Politicians  protectionism  Uber  public  transportation  transportation  AirBnB  Postmates  Lyft  disposable  squeezed  middle  class  social  cohesion  democracy  No  Representation  Wall  Street  outsourcing  1099  Economy  3D  printing  industrial  policy  Manufacturing  Mittelstand  SME  SMB  Leadership  Programming  STEM  Bulimie  lernen  online  learning  e-learning  Google  vocational  education  Sozialer  Abstieg  Soziale  Marktwirtschaft  marginal  cost  economics  of  economics  economics  abundanc 
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" ]
Venture  Capital  Software  Is  Eating  The  World  Future  of  Work  Mobile  Creatives  Mobile  Creative  Robotics  automation  squeezed  middle  class  working  poor  precarious  Precariat  3D  printing  algorithm  marketplace  marketplace  efficiencies  Share  Economy  shareholder  value  Wall  Street  profit  maximisation  Services  Industry  Niedriglohnsektor  service  service  Sector  Jobs  on-demand  convenience  Gini  coefficient  social  mobility  income  mobility  Universal  Basic  meritocracy  meritocratic  American  Dream  self-employment  contractor  Zero  Hour  Contract  Zeitarbeit  STEM  Germany  Western  World  secular  stagnation  globalisation  globalization  flat  borderless  freelancing  freelance  competitive  competitiveness  competition  education  policy  Career  Politicians  protectionism  Makers  policy  folly  policy  error  No  Representation  volatility  complexity  uncertainty  Super  Rich  1%  Extremistan  tournament  ivyleague  Privileged  Establishment  welfare  welfare  state  social  safety  net  USA  UK  productivity  output  gap  GFC  Silicon  Valley  Angel  Investor  Seth  Godin  sethgodin  differentiate  differentiation  entrepreneurial  entrepreneurship  entrepr 
april 2015 by asterisk2a
Mark Hatch & Thomas Kalil | Studio SX | SXSW ON - YouTube
min 8:30 // by 2030, 50% of the employment will be self-employed, contractors, freelancers, consultants ... including on the manufacturing side. not just knowledge workers and the services industry. // western world's middle class and affluence gets hollowed out by the rise of the rest, loss of competitive advantage, and the 2nd industrial revolution. taking greater share of the growth of the global economy, compared to western world.
labour  market  labour  economics  Future  of  Work  self-employment  employment  precarious  working  poor  uncertainty  Zeitarbeit  freelancing  freelance  contractor  Zero  Hour  Contract  consulting  Share  Economy  Services  Industry  service  Niedriglohnsektor  knowledge  worker  knowledge  3D  printing  on-demand  marketplace  marketplace  efficiencies  SME  SMB  Software  Is  Eating  The  World  algorithm  Manufacturing  Robotics  automation  flat  borderless  globalisation  globalization  competitive  Western  World  secular  stagnation  Industrial  Revolution  Industrial  Revolution  2.0  economic  history  protection  protectionism  GFC  output  gap  productivity  recovery  sovereign  debt  crisis  Super  Cycle  squeezed  middle  class  standard  of  living 
april 2015 by asterisk2a
Bayern: McKinsey sieht bis zu 40 Prozent der Jobs bedroht - SPIEGEL ONLINE
40 Prozent der Jobs im Freistaat befinden sich demnach in einer "Gefährdungszone". Der Grund: Sie seien von den Folgen der Digitalisierung und weiteren Strukturbrüchen betroffen. Eine der Kernthesen der Untersuchung lautet, dass die klassischen volkswirtschaftlichen Parameter, in denen Bayern gut abschneidet (etwa Bruttoinlandsprodukt, Produktivität, Arbeitslosenquote), nur bedingt als Zukunftsindikatoren geeignet seien. Sie würden "lediglich den Erfolg der Vergangenheit bewerten", so McKinsey. In dem Bericht werden deshalb andere Kennzahlen herangezogen: Stabilität (u.a. Einkommensverteilung), Innovation (u.a. Bildungsqualität und Start-up-Quote), Diversität (Integrationsindex, Bildungsmobiliät), Internetzugang, Nachhaltigkeit (Gesundheits- und Vorsorgequalität, Ressourcenproduktivität). // Economic Indicators are about the past! Period. Wall Street cottage industry of economic forecasters.
Berlin  Start-Up  Scene  Europe  Start-Up  Scene  Gini  coefficient  inequality  income  inequality  Germany  SMB  industrial  policy  innovation  disrupting  markets  disruption  Exportweltmeister  China  BRIC  Software  Is  Eating  The  World  Career  Politicians  Makers  lobbyist  lobby  Lobbying  policy  folly  policy  error  Manufacturing  3D  printing  algorithm  Robotics  automation  Share  Economy  Services  Industry  Niedriglohnsektor  service  service  flat  education  policy  social  mobility  income  mobility  diversity  immigration  demographic  bubble  ecological  disaster  environmental  disaster  productivity  efficiency  public  health  public  health  policy  chronic  diseases  sick  population  faultlines  structural  imbalance  Impediments  structural  unemployment  youth  unemployment  lost  decade  lost  generation  Fiscal  Pact  infrastructure  investment  business  investment  business  confidence  sovereign  debt  crisis  PIGS  austerity  Schuldenbremse  Angela  Merkel  GroKo  Wolfgang  Schäuble  economic  history  Silicon  Valley  Year  of  Code  STEM  Wall  Street  shareholder  value  profit  maximisation  Mittelstand  SME  borderless  competitive  competitiveness  competition  ecosystem  Mobile  Creatives  Mobile  Creative  Future  of  Work 
april 2015 by asterisk2a
Solving the productivity puzzle - BBC News
UK productivity growth (as measured by output per hour worked) has been exceptionally weak since 2008. Productivity growth has actually been weak across the developed economies since the Great Recession but especially so in the UK. Beyond those facts though, there is little agreement. The talk is instead of a "productivity puzzle": solving that puzzle is the key to both a lower government deficit and to higher living standards. [...] [I]t could be that the nature of Britain's recovery explains the low productivity growth. Rather than lower productivity leading to lower real wages (as companies cannot afford to increase pay), it may be that lower real wages have encouraged firms to hire workers rather than investing in new equipment. This could have lowered productivity. [...] Much of it feels more traditionally "sociological" than "economic". // 2nd Industrial Revolution - Software is Eating the World, Self-Employment, contractors, Zero Hour Contracts, etc. &! bit.ly/1aRi7Bw
productivity  output  gap  recovery  GFC  Western  World  UK  Service  Sector  Jobs  Services  Industry  Share  Economy  STEM  Niedriglohnsektor  Manufacturing  Industrial  Revolution  policy  Robotics  deflationary  secular  stagnation  OECD  economic  history  equity  bubble  bond  bubble  ZIRP  NIRP  QE  business  investment  business  confidence  austerity  fiscal  policy  sovereign  debt  crisis  monetary  policy  algorithm  automation  Software  Is  Eating  The  World  borderless  flat  globalisation  globalization  competitive  Europe  USA  China  Asia  BRIC  Russia  Latin  America  digital  precarious  work  working  poor  poverty  squeezed  middle  class  coldprogression  cold  progression  tax  evasion  tax  avoidance  Super  Rich  productive  investment  1%  speculative  bubbles  liquidity  trap  debtoverhang  zombie  corporations  zombie  banks  zombie  consumer  property  bubble  demographic  bubble  complexity  incomplete  information  lost  decade  lost  generation  Abenomics  Japan  uncertainty  distrust  No  Representation  Career  Politicians  trust  trustagent  policy  folly  Wall  Street  shareholder  value  profit  maximisation  academia  sociology  sentiment  consumer  confidence  fear  anxiety  status  anxiety  crony  capitalism  social  co 
april 2015 by asterisk2a
NEA Raises North Of $3B For Its New Fund | TechCrunch
I consistently hear that venture groups raising capital are oversubscribed. That directly implies that the firehose of cash fueling the venture capital and technology markets has yet to abate in any meaningful sense, if at all. The music is still playing, and at a furious pace. But with interest rates at zero and NASDAQ 5,000 back in our norm, who can be surprised? Regardless of how the technology industry apportions the risk created by that level of spend, we can feel secure in the fact that the same risk is concentrated in the private sector. This helps to protect the average person from investing in something more ephemeral than a Snapchat ad. So if it all goes to hell, it’s mostly the rich kids who will take it in the gut. Viva la tech.
hunt  for  yield  ZIRP  NIRP  QE  distortion  incomplete  information  unintended  consequences  bond  bubble  equity  bubble  Private  growth  round  Mutual  Fund  Hedge  Fund  Silicon  Valley  burn  rate  economic  history  savings  glut  productive  investment  Super  Rich  1%  Wall  Street  liquidity  trap  complexity  recovery  GFC  speculative  bubbles  asset  bubble  secular  stagnation  borderless  flat  world  globalisation  globalization  Software  Is  Eating  The  output  gap  Western  productivity  STEM  Robotics  automation  algorithm  AI  artificial  intelligence  marginal  cost  3D  printing  augmented  intelligence  Share  Economy  Services  Industry  service  monetary  policy  austerity  IMF  OECD  debt  bubble  sovereign  debt  crisis  Gini  coefficient  inequality  Career  Politicians  Makers 
april 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
If The UK Economy Is Doing So Well, Why Does It Feel So Bad? — Bull Market — Medium
( http://www.bbc.co.uk/news/business-32163541 ) Certainly in the case of the UK, productivity growth (the ultimate driver of higher living standards) has been exceptionally weak. And even if the UK is an exceptional case, productivity weakness has been widespread globally - as Bank of England Monetary Policy Committee member Martin Weale has recently argued. As Karl Whelan has argued, there are reasons to worry that this reflects a longer term trend rather than just a hang-over from the financial crisis. In other words, if we are trying to explain weak growth we may need to pay as much attention to the supply side of the economy as the demand side. [...] Professor Summers, his broader secular stagnation thesis does take into account supply side factors which have reduced the desired rate of investment. [...] the political debate on the economy suffers from an illusion of control. [ gov bonds are no uber productive investments ]
UK  recovery  output  gap  productivity  GFC  Software  Is  Eating  The  World  marketplace  efficiencies  Robotics  outsourcing  offshoring  contractor  borderless  globalisation  flat  deflationary  globalization  competitiveness  competition  competitive  STEM  education  policy  apprenticeships  Makers  short-term  thinking  short-term  view  austerity  social  mobility  income  mobility  Gini  coefficient  inequality  Career  Politicians  No  Representation  Structural  Impediments  imbalance  savings  glut  ZIRP  QE  NIRP  hunt  for  yield  bond  bubble  productive  investment  marginal  cost  economics  of  abundance 
april 2015 by asterisk2a
Joe Schoendorf im Interview: Wenn Roboter die Arbeitswelt übernehmen - SPIEGEL ONLINE
bit.ly/1uMWGuV -youtu.be/kwUHBqN-zPU - Schoendorf, Sie haben auf der DLD vergangene Woche einerseits die digitale Revolution gepriesen. Sie haben aber andererseits auch ein düsteres Szenario skizziert: Künftig würden Millionen Roboter die Arbeit erledigen, die zuvor von Menschenhand erledigt wurde. Viele würden also ihren Job verlieren, damit sinke auch die Kaufkraft. Sie haben von der Tech-Elite Lösungen für dieses Problem verlangt. Haben Sie selbst schon eine? Schoendorf: Im Moment gibt es nicht die Lösung. Lassen Sie mich das Szenario noch ein bisschen deutlicher machen. Das Median-Alter weltweit ist 27,5 Jahre. Ich mache mir weniger Sorgen um die, die jünger sind, denn sie sind im Informationsalter aufgewachsen. Für die ist es am wichtigsten, dass sie die beste Ausbildung erhalten. Sie werden ein anderes Leben führen als wir. Sie werden viele Jobs haben. Dass man lange bei einem Arbeitgeber bleibt, das wird sich ändern. + book end of competitive advantage - amzn.to/1wwh1i7
Future  of  Work  Robotics  Mobile  Creative  Mobile  Creatives  destruction  Why  Software  Is  Eating  the  World  Software  Is  Eating  World  algorithm  algorithms  Digital  Age  economy  knowledge  worker  knowledge  economy  domain  knowledge  practical  skills  practical  skill  set  automation  crony  capitalism  capitalism  profit  maximisation  Silicon  Valley  Liberal  Arts  Education  continual  policy  globalisation  globalization  flat  competitiveness  competitive  competition  competitive  advantage  borderless  book 
january 2015 by asterisk2a
Anleihekäufe führen nicht zu Inflation: Kolumne von Wolfgang Münchau - SPIEGEL ONLINE
Wenn Sie sich jetzt die Anleihenkäufe der englischen oder der japanischen Zentralbank anschauen, dann ist genau das passiert, was ich gerade beschrieben habe. In beiden Fällen wurde die Geldbasis massiv erhöht. Die Geldmenge bewegte sich nicht. Warum kaufen Zentralbanken die Wertpapiere dann überhaupt? Sie hoffen auf indirekte Effekte, die am Ende einer langen Kette vielleicht doch auf die Geldmenge wirken. [...] Nur leider hat das in Japan zwei Jahrzehnte lang nicht funktioniert. Und bei uns bislang auch nicht. Dafür gibt es verschiedene Gründe: [...] [... overarching trend; a flattening of the curves (of disparity) across the world concerning economic ?pillars?: work type (more advanced work in the supplychain in china & not just labour intensive stuff only. more & more added value done in BRIC, East Europe, ...) #labourmarket, #consumption, #demographics, #edu, savings, social safety net, western style democracy et al) ... fall of Iron Curtain was beginning of process Angleichung]
liquidity  trap  Japan  BOJ  Fed  BOE  ECB  quantitative-easing  QE  ZIRP  NIRP  OMT  TLTRO  LTRO  TARP  POMO  equity  bubble  asset  bubble  asset  allocation  hunt  for  yield  sovereign  debt  crisis  Richard  Koo  lost  decade  economic  history  monetary  transmission  mechanism  monetary  theory  business  confidence  consumer  confidence  zombie  consumer  zombie  banks  business  investment  trust  trustagent  fiscal  policy  austerity  IMF  BIS  centralbanks  confidence  deleveraging  debtoverhang  Super  Cycle  consumer  debt  debt  bubble  debt  monetization  debt  monetisation  debt  restructuring  haircut  monetary  policy  monetary  system  fiat  currency  deflation  deflationary  inflation  targeting  inflation  expectation  flat  world  globalization  globalisation  faultlines  infrastructure  investment  Structural  Impediments  imbalance  competitive  competitiveness  China  BRIC  Frontier  Markets  Developing  global  trade  macroeconomics  microeconomics  labour  market  labour  economics  21stcentury  Software  Is  Eating  The  algorithm  Robotics  automation  Niedriglohnsektor  lohndumping  Lohnzurückhaltung  disposable  income  Mobile  Creative  Mobile  Creatives 
november 2014 by asterisk2a
Müllers Memo: Frau Merkels Verständnis von Wirtschaft - SPIEGEL ONLINE
Angela Merkel lächelte leicht spöttisch. Bei der Vorstellung des Gutachtens der fünf Wirtschaftsweisen äußerte die Kanzlerin Zweifel daran, wie "ein Beschluss, der noch nicht in Kraft ist, jetzt schon eine konjunkturelle Dämpfung hervorrufen kann". Gemeint war der Mindestlohn, dessen anstehende Einführung der Sachverständigenrat als Wachstumskiller gebrandmarkt hatte. [...] Niemand, auch nicht die fünf Wirtschaftsweisen, erwartete damals einen durchschlagenden Erfolg der Agenda-2010-Reformen von Gerhard Schröder. Doch dann entwickelten die Hartz-Gesetze im Zusammenspiel mit dem Globalisierungsboom ab 2006 eine überraschende Sogwirkung. Insbesondere weil viele Menschen bereit waren, für ziemlich wenig Geld eine Beschäftigung anzunehmen. Heute bekommt fast ein Viertel der Beschäftigten in Deutschland eine Bezahlung, die Arbeitsmarktforscher als Niedriglöhne klassifizieren. &! http://www.spiegel.de/wirtschaft/soziales/rente-immer-mehr-aeltere-menschen-arbeiten-a-1003237.html
Agenda  2010  Niedriglohn  Niedriglohnsektor  Germany  Angela  Merkel  economic  history  Europe  precarious  work  working  poor  hartz-iv  economics  labour  economics  labour  market  Lohnzurückhaltung  mindestlohn  lohndumping  job  security  sociology  socioeconomic  status  social  status  status  anxiety  Future  of  Mobile  Creative  Mobile  Creatives  flat  world  globalisation  globalization  competitive  competitiveness  Exportweltmeister  Precariat  Why  Software  Is  Eating  the  Software  Is  Eating  Robotics  automation  algorithm  Services  Industry  service  economy  service  infrastructure  investment  education  policy  short-term  thinking  short-term  view  kalte  Progression  coldprogression  babyboomers  generationy  Millennials 
november 2014 by asterisk2a
News Roundtable: [...] deconstructing employment - YouTube
min 34 + https://news.ycombinator.com/item?id=8406358 "The article doesn't really examine productivity, it is examining wages." - Digital revolution has yet to fulfil its promise of productivity and better jobs (economist.com) +!+ http://www.reddit.com/r/Futurology/comments/2i5nse/the_economist_labour_is_steadily_losing_out_to/ - http://www.economist.com/news/special-report/21621160-labour-steadily-losing-out-capital-those-have-shall-be-given 'It's The Economist making a case for wealth redistribution!' +!+ How computers threaten the jobs of mid-skilled workers (economist.com) - youtu.be/PR8OkkfvnT8 'few benefiters + we need substantial skill upgrading and change in education policy' +!+ Is A.I. the problem or the solution? youtu.be/lge-dl2JUAM - Automation, Robotics, mid-skilled jobs, routine jobs, lessons from Industrial Revolution, need investment in practical skills for the future, infrastructure investment, education policy, Universal Basic Income - so that no one is left behind
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october 2014 by asterisk2a
Frohes Schaffen - Ein Film zur Senkung der Arbeitsmoral (2012) - IMDb
Future  of  Work  Mobile  Creative  Mobile  Creatives  6-hour  day  4-day  week  Grundeinkommen  Universal  Basic  Income  sociology  status  anxiety  status  symbol  materialism  retirement  scicology  psychology  ideology  Religion  full  employment  underemployed  workless  worklife  burnout  structural  unemployment  unemployment  social  safety  net  flat  world  globalisation  globalization  comparative  advantage  competitiveness  competitive  Competition  competitive  advantage  humanity  human  progress  Robert  Skidelsky  leisure  time  book  AI  Robotics  Robots  Three  Laws  of  Robotics  workforce  education  policy  Public  democracy  Gini  coefficient  inequality  inequality  social  mobility  mobility  Politics  Career  Politicians  1%  Super  Rich  tax  evasion  tax  avoidance  fairness  Spiritual  spirituality  human  resources  human  being  human  capital  human  tragedy  self-respect  self-regulation  Self-esteem  self-awareness  society  parenthood  parenting  childhood  childhood  development  crony  capitalism  corporatism  Wall  Street  GDP  economic  history  history  finite  resources  Year  of  Code  21stcentury  knowledge  worker  working  poor  squeezed  middle  class  White-collar  environment  Blue-collar  working  class  workplace  life  balance  social  beings  social  science  social  society  social  status  happine 
august 2014 by asterisk2a
Humans Need Not Apply - YouTube
taking all human brain capacity (cognitive resources) and solving big problems. like space travel. renewable energy. cleaning up earth. efficiencies her and there. ... working on utopia. 4-day work weeks, 6-8 hrs/day.
Future  of  Work  Mobile  Creative  Mobile  Creatives  skill-biased  technological  change  capital  skills  human  capital  leisure  time  Robert  Skidelsky  practical  skills  practical  skill  set  education  policy  Public  Career  Politicians  Politics  Why  Software  Is  Eating  the  World  Software  Is  Eating  World  automation  Robotics  Robots  AI  Three  Laws  of  Robotics  creativity  destruction  marketplace  efficiencies  flat  globalization  globalisation  competitive  advantage  competitive  competitiveness  comparative  advantage 
august 2014 by asterisk2a
If Schools Don't Change, Robots Will Bring On a 'Permanent Underclass': Report | Motherboard
via http://www.reddit.com/r/Futurology/comments/2ct2xs/if_schools_dont_change_robots_will_bring_on_a/ The respondents overwhelmingly agree that this lovely future where robots do the work and humans design the robots and everyone has leisure time and lots of money only exists in a fantasy future where the school systems pump out a shitload of Elon Musks and Sergey Brins—or, at the very least, people who can reliably work at the companies those guys own. [...] only the best-educated humans will compete with machines [...] and education systems [around the world] are still sitting students in rows & columns, teaching them to keep quiet and memorize what is told to them, preparing them for life in a 20th century factory.” // Rise of Service Jobs (dominance) in USA, even post-GFC. // ADD: http://www.washingtonpost.com/blogs/on-leadership/wp/2014/08/07/are-robots-coming-for-your-job/
Robotics  AI  Future  of  Work  Start-up  of  You  Mobile  Creative  Mobile  Creatives  Year  of  Code  skill-biased  technological  change  practical  skills  practical  skill  set  capital  skills  knowledge  worker  White-collar  Blue-collar  human  capital  creativity  destruction  value  creation  Problem  Solving  complexity  unknown  unknowns  unintended  consequences  education  policy  Public  HR  human  resources  hiring  underemployed  structural  unemployment  employment  unemployment  leisure  time  disposable  income  working  poor  squeezed  middle  class  flat  world  globalisation  globalization  competitive  advantage  comparative  advantage  competitiveness  Competition  competitive  Career  Politicians  Precariat  Proletariat  sociology  psychology  Universal  Basic  Grundeinkommen  precarious  precarious  employment  Services  Industry  service  income  mobility  social  mobility  income  inequality  Gini  coefficient  living  wage  standard  of  living  minimum  wage  wage  stagnation  workforce  labour  economics  labour  market  middle  class  status  quo  sector  Europe  USA  disruption  knowledge  economy  domain  knowledge  domain  expertise  expertise 
august 2014 by asterisk2a

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