Category Archives: Industrial Revolution

Economic Challenges

It seems to me…. “We could solve all our problems if only we were the efficient, rational human beings of standard economic theory and had politicians willing to think in the long-term interest of their people rather than their own.” … Continue reading

Posted in Automation, Automation, Automation, Economic, economic growth, Economics, Economy, Education, Education, Employment, Employment, employment, Federal Reserve, Financial, Fiscal Policy, GDP, Gini Coefficient, Gini Coefficient, Gini Index, Gross Domestic Product, Income, Industrial Revolution, Inequality, Inequality, Investment, Jobs, Jobs, Jobs, Labor, Liquidity Crisis, Liquidity-Trap, Low-Skill, Manufacturing, Manufacturing, Monetary Policy, NAIRU, Non-Accelerating Inflation Rate of Unemployment, Obama, Phillips Curve, Post-Industrial, Postindustrial, Productivity, Productivity, Qualitative Easing, Recession, Robotics, Robots, Skilled, skilled, Stimulus, Technology, technology, Trade, Trump, Wages, Wages, Workers | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Robotics And Employment

It seems to me…. “Increasingly, the work we do is enabled more and more by new IT, including automation, robotics, and intelligent platforms.” ~ Pierre Nanterme[1]. During the Industrial Revolution, John Stuart Mill wrote “there cannot be a more legitimate … Continue reading

Posted in AI, AI, Artificial Intelligence, Artificial Intelligence, Automation, Automation, Automation, Automation, Computer, Computerization, Education, Education, Employment, Employment, General Motors, George Devol, GM, Industrial Revolution, Industrial Revolution, Jobs, John Stuart Mill, Joseph Engelberger, Labor, Low-Skill, Machine Learning, Manufacturing, Productivity, Robotics, Robotics, Robotics, Robotics, Robots, Technology, Training, Training, Unimate, Wages, Workers | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Challenges Of Economic Inequality

It seems to me…. “Economic inequality is a corrosive force that undermines economic growth, puts a brake on the fight against poverty, and sparks social unrest.” ~ Winnie Byanyima[1]. While limited societal inequality is necessary to serve as an incentive … Continue reading

Posted in Agriculture, AI, Artificial Intelligence, Artificial Intelligence, Automation, Automation, Automation, Automation, Capitalism, College, College, Computerization, Computerization, Discrimination, Economy, Education, Education, Employment, employment, Globalization, Health, Income, Income, Inequality, Inequality, Information Technology, Politics, Post-Industrial, Postindustrial, Poverty, Robotics, Robotics, Robotics, Robotics, Steam Engine, Technology, Technology, Technology, Technology, Unions, Unions, University, Wealthy | Tagged , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

IoT Possibilities

It seems to me…. “If you think that the internet has changed your life, think again. The IoT is about to change it all over again!” ~ Brendan O’Brien[1]. The software world is continuously innovating and creating new areas of … Continue reading

Posted in Bill Gates, China, Data, data, Europe, Europe, Industrial Internet Consortium, Industrial Revolution, Information, Internet, Internet of Things, Internet of Things, IoT, IoT, Kevin Ashton, North America, Radio-Frequency Identification, RFID, Security | Tagged , , , , , , , , , , , , | Leave a comment

Productivity Growth

It seems to me…. “Productivity and the growth of productivity must be the first economic consideration at all times, not the last. That is the source of technological innovation, jobs, and wealth.” ~ William E. Simon[1]. Productivity growth, which is … Continue reading

Posted in 3D Printing, Additive Manufacturing, AI, AI, Artificial, Artificial Intelligence, Artificial Intelligence, Automation, Automation, Compensation, Economy, Education, Energy, Globalization, Income, Income, Industrial Revolution, Inequality, Inequality, Inequality, Intelligence, Internet, Internet of Things, Internet of Things, Internet of Things, IoT, IoT, IoT, Manufacturing, Manufacturing, Off-Shoring, Off-Shoring, Postindustrial, Productivity, Productivity, Robotics, Robotics, Steam Engine, Technology, Wages, Wages, Wages | Tagged , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Effects of Economic Inequality

It seems to me…. “Ill fares the land, to hastening ills a prey, Where wealth accumulates, and men decay.” ~ Oliver Goldsmith[1]. Every previous civilization has been destroyed by the unequal distribution of wealth and power. The more advanced the … Continue reading

Posted in AI, Artificial Intelligence, Automation, Automation, Caucasian, Demagogue, Economics, Economist, Economy, Education, Elections, Employment, Employment, employment, Gini Coefficient, Income, Income, Industrial Revolution, Inequality, Jobs, Jobs, middleclass, Non-Hispanic, Populism, Poverty, Robotics, Technology, Trump, Unemployment, Unemployment, Wages, Wealth | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Compensating for Technological Unemployment

It seems to me…. “Unemployment is of vital importance, particularly to the unemployed.” ~ Edward Heath[1]. While there are many factors effecting how we live, work, and the quality of our lives, the dominant variable has become the rapidity with … Continue reading

Posted in Academia, AI, Artificial Intelligence, Automata, Automation, Automation, Characteristics, College, Computer, Creativity, Critical Thinking, Disparity, Economic, Education, empathy, Empathy, Employment, Employment, Human, Human Characteristics, Income, Industrial Revolution, Inequality, Intelligence, Jobs, Jobs, Judgment, Labor, Low-Skill, Plutocracy, Populism, Protest, Retraining, Robotics, Robotics, skilled, Steam Engine, Symbol Processing, Technology, Technology, Training, Unemployment, University, Vocational, Workers | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment