Technology and the Economy of the Future 6 pot

The Lights in the Tunnel Automation Accelerating Technology and the Economy of the Future_1 potx

The Lights in the Tunnel Automation Accelerating Technology and the Economy of the Future_1 potx

... Transition 1 56 The Basis of the Free Market Economy: Incentives 158 Preserving the Market 159 Recapturing Wages 162 Positive Aspects of Jobs 168 The Power of Inequality 169 Where the Free Market ... haveasweanticipaterecovery from the current cri- sis and in the years and decades ahead? What will the economy of the future looklike? Among people who...

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The Lights in the Tunnel Automation Accelerating Technology and the Economy of the Future_2 ppt

The Lights in the Tunnel Automation Accelerating Technology and the Economy of the Future_2 ppt

... are growingdark.Nowweseethatmany of the verybrightest lightsin the tunnelfinallyfeel the impact and alsobeginto losetheirlight. The owners of the businessesin the tunnel areseeingmuch of theirwealthgraduallydrainaway. The ... mayhaveactuallyin- creasedforatime,astheywereabletolowertheirprices. Asaresult,theirprofits, and therefore the wealth of th...

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The Lights in the Tunnel Automation Accelerating Technology and the Economy of the Future_3 pot

The Lights in the Tunnel Automation Accelerating Technology and the Economy of the Future_3 pot

... more popular.Whatwillwedoifsomedayasubstantialpercen- tage of the three and ahalfmillioncashiersin the U.S.no longerhavejobs?Whatadditionaleducation and training canweoffertheseworkers? And whatjobswoulditpre- parethemfor? And what is the impact of thatpotential unemploy- mentonmarketdemandforgoods and services?Cashiers aregenerallynothighly...

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The Lights in the Tunnel Automation Accelerating Technology and the Economy of the Future_4 pptx

The Lights in the Tunnel Automation Accelerating Technology and the Economy of the Future_4 pptx

... food—all of these and countless thousands of otherstructures and chemicalsthatcomprise ourbodies and make usfunctionareproteins. And they areallconstructedthroughnanotechnology. Itislikelythat the coming“nanotech”revolutionwill begin ... collating and faxing in- formation. The intellectualportion of the job—eitherap- provingordenying the loan—isprobably...

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The Lights in the Tunnel Automation Accelerating Technology and the Economy of the Future_5 potx

The Lights in the Tunnel Automation Accelerating Technology and the Economy of the Future_5 potx

... access to capital, small plots withpoor economy of scale,trade barriers, and oftenoutrightexploitationat the hands of governments and corrupt officials. Manufacturing in China is ... Amazon takeaper-capitaincomethatissomewhatcomparableto that of developed nations and then multiply it by some hugefraction of the Chinesepopulation.In otherwords, t...

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The Lights in the Tunnel Automation Accelerating Technology and the Economy of the Future_6 pdf

The Lights in the Tunnel Automation Accelerating Technology and the Economy of the Future_6 pdf

... to decline.Rememberthatwearetalkinghereaboutaverage workers.Toget the graphabove,youmighttake the dis- tribution of incomesin the UnitedStates and thenelimi- nateboth the richest and the poorestpeople.Thengraph the averageincome of the remaining“typical”people (the bulk of consumers) ... whocontrols technology.  And as of the mo- ment,thatcontinuestolar...

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The Lights in the Tunnel Automation Accelerating Technology and the Economy of the Future_8 docx

The Lights in the Tunnel Automation Accelerating Technology and the Economy of the Future_8 docx

... elimi- nates the jobsthatprovideincometoconsumers. The es- sentialideaisthatweshouldimposesomecombination of aconsumptiontax and/ oraspecialdirecttaxonbusiness thatcaptures the incomewhich,inanon-automatedecon- omy,wouldbepaidoutinwages.Overtime,as the wages paidtoaverageworkersdecrease(asapercentage of reve- nue),thesetaxeswouldbegraduallyi...

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The Lights in the Tunnel Automation Accelerating Technology and the Economy of the Future_9 potx

The Lights in the Tunnel Automation Accelerating Technology and the Economy of the Future_9 potx

... have strongeducations and training.Thesepeoplearebeneficia- ries of the informationage.On the toxicwastelandside of the fence, are relatively unskilled workers. These people THE LIGHTS IN THE ... dramatically negative.In the UnitedStates,twothirds of workers and thereforeconsumers—donothaveacollegedegree.While effortstoimproveeducation and trainingarel...

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The Lights in the Tunnel Automation Accelerating Technology and the Economy of the Future_10 pdf

The Lights in the Tunnel Automation Accelerating Technology and the Economy of the Future_10 pdf

... acentrallyplanned economy,  and perhaps most chillingly, the overthrow of govern- ments and a“dictatorship of the proletariat.”In the wake of the collapse of communism, these ideas ... many of the moreroutinejobsin the economy.  WhilenarrowAIisincreasinglydeployedtosolvereal worldproblems and attractsmost of the currentcommer- cialinterest, the Holy...

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Accelerating Technology and the Economy of the Future_2 pot

Accelerating Technology and the Economy of the Future_2 pot

... has quicklyattracted the notice of the Securities and Exchange Commission and mayresultinnewregulation. Astheseexamplesshow,wecanexpectthat the rate of change and the volatility of nearlyeverythingaroundus will ... more popular.Whatwillwedoifsomedayasubstantialpercen- tage of the three and ahalfmillioncashiersin the U.S.no longerhavejobs?Whataddition...

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