Category Archives: Compensation

The Cloud, Big Data, And Employment

It seems to me…. “Big Data is just that – big. But, it’s a term that is largely misunderstood and difficult to explain.” ~ Rick Smolan[1]. Computing is a powerful general-purpose technology responsible for creative/destructive transformations in production organization, product … Continue reading

Posted in Algorithm, Algorithms, Algorithms, Analysis, Analytics, Artificial Intelligence, Artificial Intelligence, Artificial Intelligence, Automation, Big Data, Cloud, Compensation, Computing, Data, data, Data, Data, Data Analytics, Data Processing, Economy, Education, Education, Education, Education, Education, Education, education, Education, Education, Employment, Employment, Employment, employment, Innovation, Innovation, Innovation, Jobs, Jobs, Jobs, Labor, Labor, Labor, Labor, Opportunities, Opportunities, Personal, Productivity, Productivity, Productivity, Research, Research, Research, Research, research, Retraining, Robotics, Robotics, Robotics, Robotics, Robotics, Robotics, Storage, Technology, Technology, Technology, Technology, Technology, technology, Training, Training, Training, Training, Work | 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

Global Trade Opportunities

It seems to me…. “I am in favor of helping the prosperity of all countries because, when we are all prosperous, the trade with each becomes more valuable to the other.” ~ William Howard Taft[1]. Liberals, and some conservatives, are … Continue reading

Posted in Agriculture, Automation, Candidate, Comparative Advantage, Compensation, Corporation, ECON-101, Economics, economics, Economy, Education, Employment, Employment, Entertainment, Finance, Ford, Globalization, Henry Ford, Infrastructure, Inversion, Jobs, Labor, Markets, Markets, Offshoring, Pandering, Production, Productivity, Smoot–Hawley, Technology, Technology, Technology, Trade, Trade, Training, Transportation, Transportation, Wages, World Trade Organization | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 2 Comments

Economic Transition

It seems to me…. “We know that to compete for the jobs of the 21st century and thrive in a global economy, we need a growing, skilled, and educated workforce, particularly in the areas of science, technology, engineering, and math. … Continue reading

Posted in Agriculture, AI, AI, AI, Artificial, Artificial Intelligence, Artificial Intelligence, Automation, Automation, bookkeeping, clerical, College, Compensation, Computer, Disparity, Economic, Economy, Education, Education, Education, Education, Employment, Employment, Food, Global Warming, health care, High School, Hospitality, Income, Industrial Revolution, Inequality, Inequality, infrastructure, Intelligence, Internet, Internet of Things, Internet of Things, IoT, IoT, janitors, Jobs, Jobs, Journalists, Knowledge, knowledge, Labor, Leisure, Low-Skill, Machine, Machine Learning, Manufacturing, Manufacturing, Middle Class, Middle Class, Paralegals, Recession, restaurant workers, Retail, Robotics, Secular Stagnation, shipping, Skilled, skilled, skills, Technology, Technology, Technology, Transportation, Unemployment, Wages, Wages, Warehousing, Workers | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Information Technology and Employment

It seems to me… “Our technological powers increase, but the side effects and potential hazards also escalate.” ~ Alvin Toffler. Both politicians and economists lament the decline of the middle-class in the U.S. and suggest various alternatives to reverse that … Continue reading

Posted in Automation, Compensation, Employment, Labor, Low-Skill, Luddites, Manufacturing, Michael Polanyi, Middle Class, Polanyi’s Paradox, skilled, Technology | Tagged , , , , , , , , , | Leave a comment