Tag Archives: technology

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

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

Trump Just Doesn’t Get It

It seems to me…. “We must speak our minds openly, debate our disagreements honestly, but always pursue solidarity.” ~ Donald Trump[1]. I have avoided directly commenting on Trump’s performance as U.S. President for quite some time. While believing his actions … Continue reading

Posted in AI, AI, Artificial Intelligence, Asia, Automation, Barack Hussein Obama II, Bernie Sanders, Budget, Carmen Reinhart, China, China, Climate, Clinton, Deficit, Deficit, Donald Trump, Economy, Elections, Employment, Environment, Federal Reserve, Global Warming, Globalization, Globalization, Harassment, Harvard, Hillary Clinton, Homosexual, Honesty, Howard Stern, Immigrant, Immigration, Inequality, Intelligence Agencies, John Maynard Keynes, Kenneth Rogoff, Keynes, Less-Educated, Lies, Lies, Manchurian candidate, Marco Rubio, Mental Health, Minorities, Muslim, News, Obama, Paranoia, Populism, President Vladimir Putin, Putin, Recession, Refugee, Russia, Russia, Schizophrenia, Sex, Sexual Assault, Sexual Misconduct, Taxes, Technology, Ted Cruz, trade, Trans-Pacific Partnership, Trump, Virgil, Voters, World Trade Organization, World Trade Organization, World Trade Organization, WTO | 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

Automation and Human Labor

It seems to me…. “I see robotic technology getting rid of the dangerous, the dirty, and the just plain boring jobs. Some people say, ‘You can’t. People won’t have anything to do.’ But we found things that were a lot … Continue reading

Posted in Automation, Automation, Automation, Automation, Certifications, College, College, Community, Community College, Computerization, ECON-101, Economic, economics, Economy, Education, Education, Employment, Employment, employment, Engineering, H-1B, H1-B, Immigration, Income, Income, Inequality, Inequality, Infrastructure, Infrastructure, Innovation, Innovation, Investment, Investment, Jobs, Jobs, Labor, Labor, National Infrastructure Bank, Post-Industrial, Post-Manufacturing, Research, Robotics, Robots, Science, Social Security, Technology, Technology, Training, Visa, Vocational, Wages, Wages, Wages | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

The Post-Industrial Economy

It seems to me…. “Our working hypothesis is that the status of knowledge is altered as societies enter what is known as the postindustrial age and cultures enter what is known as the postmodern age.” ~ Jean-Francois Lyotard[1]. Over the … Continue reading

Posted in Asia, Automation, Automation, China, Communications, Cross-Border, Depression, Digitization, Economy, Education, Education, Employment, employment, Europe, Fortune, Global 500, Globalization, Globalization, Income, Innovation, Jobs, Labor, Magazine, Manufacturing, Manufacturing, Middle-Class, Off-Shoring, Offshoring, Outsourcing, Productivity, Startups, Technology, Trade, Trade, trade, Transportation, Unemployment, Wages, Workers | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment