Category Archives: Automation

Positive Economics And International Trade

It seems to me…. “The first lesson of economics is scarcity: there is never enough of anything to fully satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.” ~ Thomas … Continue reading

Posted in Automation, Automation, Automation, College, College, Comparative Advantage, Comprehensive and Progressive Trans-Pacific Partnership, Computerization, Consumer Surplus, CPTPP, Disparity, Education, Elections, Employment, Employment, Employment, employment, EU, EU, European Union, European Union, Exports, Globalization, Globalization, High School, Imports, Income, Inequality, Inequality, Japan, Japan, Jobs, Manufacturing, NAFTA, Normative Economics, normative EconomicsN, North American Free Trade Agreement, Off-Shoring, Off-Shoring, Offshoring, Outsourcing, Positive Economics, Producer Surplus, Technology, TPP, Trade, Trade, Trans-Pacific Partnership, Trump, University, Wages | 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

Human-Level AI

It seems to me…. “By far, the greatest danger of Artificial Intelligence is that people conclude too early that they understand it.” ~ Eliezer Yudkowsky[1]. Development of human-level artificial intelligence (AI) is inevitable: it is basic in human nature to … Continue reading

Posted in AI, AI, AI, Algorithm, Algorithms, Artificial Intelligence, Artificial Intelligence, Automation, Automation, Bill Gates, Chessboard, Cortana, Cortana, Disease, Elon Musk, Employment, Exploration, Human-Level, Intelligence, Intelligent Entity, Pathogen, Poverty, Siri, Space, Stephen Hawking, technological singularity, Technology, Threats, War | Tagged , , , , , , , , , , , , , , , , , , , , | 3 Comments

Continuing Education

It seems to me…. “Community colleges provide higher education where people live, helping to build strong ladders of opportunity that allow people to secure a foothold in the middle class.” ~ Thomas Perez[1]. Our current education model with formal education … Continue reading

Posted in Arkansas, Assembly, Automation, Automation, Blue Collar, Blue-Collar, clerical, College, College, College, Community, Community College, Degree, Dentists, Donald Trump, Dropout, Education, Education, Education, Employment, Employment, employment, Funding, health care, Inequality, Inequality, Jobs, Jobs, K-12, K-16, Kentucky, Low-Income, Manufacturing, Middle-Income, minorities, Nurse, Nurses, Office, Online, Oregon, Pilots, Police, Public, Retraining, Retraining, Social Unrest, STEM, Student, Teachers, Technology, Technology, Tennessee, Training, Training, Trump, Tuition, Tuition, Tuition, Unemployment, Unemployment, Upper-Income | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Employment And Automation

It seems to me…. “The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have little.” ~ Franklin D. Roosevelt[1]. Major traditional … Continue reading

Posted in Agriculture, Agriculture, AI, AI, Artificial Intelligence, Artificial Intelligence, Automation, Automation, Automation, Britain, China, China, College, Computerization, David Ricardo, Economic, Education, Education, Employment, Employment, employment, Ethiopia, Farming, Globalization, High School, Income, India, Inequality, Inequality, Infrastructure, Jobs, Jobs, Jobs, Low-Skill, Luddites, Luddites, Manufacturing, Manufacturing, Middle Class, Middle-Income, Off-Shoring, Outsourcing, Pareto Curve, Research, Robots, Skilled, skilled, Taxes, Technology, Technology, Thomas Carlyle, Unemployment, Wages, Wages, Wassily Leontief, Workers | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

Potential Employment Changes

It seems to me…. “I see three forces militating in favor of growing inequality: increasing measurement of worker value added, automation through smart software, and globalization.” ~ Tyler Cowen[1]. There is considerable evidence that technological advancement is eliminating job categories, … Continue reading

Posted in AI, AI, Architects, Artificial Intelligence, Artificial Intelligence, Automation, China, clerical, Computer, Computing, Economic, Economist, Economy, Education, Employment, Employment, engineer, Europe, Food, Globalization, Globalization, healthcare, Hospitality, Income, Inequality, Jobs, John Maynard Keynes, Keynes, Labor, Low-Skill, Luddites, Luddites, Lyndon Johnson, Manufacturing, Manufacturing, Middle Class, New York Times, Off-Shoring, Offshoring, Outsourcing, Productivity, Protest, Protest, Recession, Retraining, Retraining, Robotics, Sales, skilled, skills, Technology, Training, Upper-Income, Wages | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 2 Comments

Globalization Reality

It seems to me…. “Globalization is not a monolithic force but an evolving set of consequences – some good, some bad and some unintended. It is the new reality.” ~ John B. Larson[1]. Politicians always seem more interested in pandering … Continue reading

Posted in Automation, Automobiles, China, Clothing, Corporation, Economy, Education, Employment, Employment, Finance, Free-Trade, Globalization, Income, Incubators, Inequality, Infrastructure, Investment, Jobs, Jobs, Labor, Manufacturing, Offshoring, Outsourcing, Recruitment Fairs, Relocation, Renminbi, Research, Retraining, Steel, Trade, Trade, Training, Transportation, Transportation, Unemployment, Wages, Wages, Wealth, Workers, World Trade Organization | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment