asterisk2a + robotics + free   14

Künstliche Intelligenz: Ökonomen lehnen Robotersteuer ab - DIE WELT
Mit einer Robotersteuer wollen manche die Maschinen menschlichen Arbeitnehmern gleichstellen. Ökonomen halten die Idee für einen Irrweg. Der technische Fortschritt lasse sich nicht aufhalten.
technological  unemployment  Robotics  automation  winner  take  all  globalisation  globalization  multinational  free  trade  free  trade  agreement  conglomerate  tax  evasion  tax  avoidance  crony  capitalism  capitalism  in  crisis  marginal  cost  Jeremy  Rifkin  Paul  Mason  post-capitalism  Higher  Education  Universal  Basic  Income  Grundeinkommen  structural  unemployment  long-term  unemployment 
july 2016 by asterisk2a
Behind the Bond-Stock Divide Is a Big and Risky Bet on Central Banks - WSJ
The idea is that if stocks are rising, bond yields should be climbing too. Here's how to reconcile it. The answer is central banks. If rates are going to stay lower for longer; if more rounds of quantitative easing are coming; if new ways of easing are coming -- the rates should be going down and stocks moving higher. [...] It's about dividends paying more than bonds. 90% of the bond market universe is near 2% or lower. //&! http://www.zerohedge.com/news/2016-07-12/germany-about-sell-zero-coupon-10-year-bonds-first-time-ever //&! http://www.zerohedge.com/news/2016-07-13/we-just-found-out-who-has-been-buying-all-these-record-low-yielding-bonds - When your nation's bonds are trading with a record low 28bps negative yield (10Y JGBs), everything else in the world (aside from Swiss 10Y) is a relative 'value'...
bond  bubble  ZIRP  NIRP  QE  equity  bubble  hunt  for  yield  central  banks  BIS  Fed  BOE  ECB  BOJ  PBOC  secular  stagnation  wage  growth  output  gap  productivity  gap  squeezed  middle  class  working  poor  Precariat  inequality  Gini  coefficient  western  world  rising  middleclass  Asia  BRIC  income  distribution  tax  evasion  tax  avoidance  crony  capitalism  capitalism  in  crisis  capitalism  neoliberal  neoliberalism  globalisation  global  economy  globalization  free  trade  dividends  underinvestment  business  confidence  consumer  confidence  discretionary  spending  disposable  income  student  debt  consumer  debt  car  loan  property  bubble  speculative  bubble  speculative  bubbles  distortion  asset  allocation  austerity  AI  Robotics  automation  augmented  intelligence  Structural  Impediments  imbalance  unemployment  long-term  unemployment  skills  gap  skill-biased  technological  change  skills  shortage  economic  history  Brexit  technological  history  underemployed  underemployment  part-time  deflation  deflationary  JGB 
july 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
TWiST - E622 by TWiStartups
when displaced through technology "labour will find eventually more productive uses." // creative cognitive non-repetitive work is safe // more bounty // have to have social safety net! general welfare "complex issue" to tax the 1% for that ... // 40:50 Pakistan, Drone Warfare, one hand does x other hand does y ... see PBS Frontline on Iraq war. Also Fahrenheit 9/11. Cablegate. harbouring taliban, al-quaida, refuge and supplying them.
automation  Robotics  AI  artificial  intelligence  augmented  intelligence  self-driving  cars  autonomous  car  Mobile  Creatives  Mobile  Creative  creativity  standard  of  living  economic  history  book  Gini  coefficient  meritocracy  meritocratic  American  Dream  inequality  income  distribution  squeezed  middle  class  wage  stagnation  secular  stagnation  income  redistribution  welfare  state  social  safety  net  food  poverty  poverty  trap  child  poverty  poverty  free  market  trickle-down  economics  neoliberalism  neoliberal  fairness  tax  evasion  tax  avoidance  Generationengerechtigkeit  neoconservatism  neoconservatives  Career  Politicians  No  Representation  plutocracy  oligarchy  Super  Rich  1% 
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.
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october 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
Will Advances in Technology Create a Jobless Future? | MIT Technology Review
Who Will Own the Robots? - We’re in the midst of a jobs crisis, and rapid advances in AI and other technologies may be one culprit. How can we get better at sharing the wealth that technology creates? // BY MARTIN FORD - The Great Divide: Unequal Societies and What We Can Do About Them BY JOSEPH E. STIGLITZ &! Inequality: What Can Be Done? BY ANTHONY B. ATKINSON &! The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies BY ERIK BRYNJOLFSSON AND ANDREW MCAFEE // &! Paul Krugman - “A lot of what’s happening [in income inequality] is not just the gods of technology telling us what must happen but is in fact [due to] social constructs that could be different.” - gov policy, corporate policy (ie 4-day work week and 6-hour days because productivity and profit margin do allow for that, and more brings diminished returns etc etc but will that go down well with Wall Street?)
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august 2015 by asterisk2a
Robert Reich: America is a nation of Amazons - Salon.com
before we celebrate the dawn of a new era, keep two basic truths in mind. First, these new policies apply only to a tiny group considered “talent” – highly educated and in high demand. They’re getting whatever perks firms can throw at them in order to recruit and keep them. “Netflix’s continued success hinges on us competing for and keeping the most talented individuals in their field,” writes Tawni Cranz, Netflix’s chief talent officer. [...] the vast majority of American workers – considered easily replaceable. Employers treat replaceable workers as costs to be cut, not as assets to be developed. Replaceable workers almost never get paid family leave, they get a few paid sick days, and barely any vacation time. [ three tier economy, those that are replacable, those who are somewhat not, and those who you can't easily replace - the 1% - reflective of CEO pay in parts ]
Amazon  HR  human  resources  hiring  Contractor  Zero  Hour  Contract  working  poor  precarious  work  squeezed  middle  class  parental  leave  paid  leave  USA  UK  Europe  neoliberalism  neoliberal  crony  capitalism  capitalism  human  capital  war  for  talent  profit  maximisation  shareholder  value  Service  Sector  Jobs  Niedriglohnsektor  Services  Industry  economy  manual  labour  Robotics  automation  Software  Is  Eating  The  World  Mobile  Creatives  Mobile  Creative  career  advice  career  ladder  Universal  Basic  Income  tax  free  perks  benefits  corporate  culture  corporate  values  CEO  pay  inequality  inequality  social  mobility  mobility  poverty  trap  capital  gains  tax  tax  credit  welfare  state  subsidies  subsidizing  Workers  Union  social  safety  net 
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. ]
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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
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.
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october 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
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

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