the average lights in the tunnel

... dimmer lights These are the marginal participants in the mass market—people who just meet the threshold for remaining in the tunnel These people either hold the very lowest paying jobs, or in many ... to enter the mass market As we have said, these are the growing middle classes of China, India and other nations The number of lights in the tunnel is constantly growing As we watch the lights ... reproduction in whole or in part in any form Published in the United States by Acculant™ Publishing Library of Congress Cataloging -in- Publication Data Ford, Martin R The Lights in the Tunnel: Automation,...

Ngày tải lên: 20/06/2014, 20:20

... Paperback/Kindle available @ Amazon THE LIGHTS IN THE TUNNEL / 20 In the tunnel, we now see that the businesses are beginning to cut more and more jobs They are becoming more desperate and, in many ... becoming even more sparse in the tunnel Many of the businesses are now failing and whole regions of the tunnel walls are growing dark Now we see that many of the very brightest lights in the tunnel ... 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 tunnel has become...

Ngày tải lên: 20/06/2014, 20:20

... empirical evidence of the geometric increase in the power of computer technology Traditional Jobs: The Average Lights in the Tunnel All the attention being focused on new jobs being created by technology ... of the graph above, the top (diminishing returns) line represents food production, while the bottom (geometric) * Copyrighted Material – Paperback/Kindle available @ Amazon THE LIGHTS IN THE TUNNEL ... / 54 The continuing advance of computer technology along a geometrically increasing path and the diminishing returns from investment in education seem to make a very strong case that the average...

Ngày tải lên: 20/06/2014, 20:20

... Paperback/Kindle available @ Amazon THE LIGHTS IN THE TUNNEL / 84 sions about the people in front of her, judging things like their attire, whether they seem impatient, their importance and their ... over the past couple of decades, but I not think it can continue indefinitely The reason is simple: machines and computers are advancing in capability and will increasingly invade the realm of the ... priorities.29 In the coming decades, we can anticipate far more advanced robots playing an increasingPlease see “Machine Intelligence and the Turing Test” in the Appendix for more on artificial intelligence...

Ngày tải lên: 20/06/2014, 20:20

... interested in Copyrighted Material – Paperback/Kindle available @ Amazon THE LIGHTS IN THE TUNNEL / 114 saving Consumers in the United States are expected to continue powering the factories in China ... from exports, the major factor propping up the Chinese economy is the continuing enormous investment in infrastructure Clearly however, this level of spending is not sustainable indefinitely Many ... and credit cards in order to maintain their standard of living The collapse of these credit lines in 2008, together with rapidly rising unemployment, forced consumers to cut back in a fairly dramatic...

Ngày tải lên: 20/06/2014, 21:20

... 135 The Average Worker and the Average Machine Another way to express this idea of a tipping point is to think of an average worker using an average machine somewhere in the economy Obviously, in ... any increase in demand primarily by investing in more technology As we saw in Chapter 2, this point marks the downfall of economists’ faith in the Luddite fallacy, and it also marks the beginning ... advantage in terms of attracting and retaining investment India and Offshoring We’ve noted that China does not yet have an integrated, self-sustaining modern economy This is equally true of India India...

Ngày tải lên: 20/06/2014, 21:20

... according to these incentives, they will earn the income they * Please see the “Technology Paradox” in the Appendix Copyrighted Material – Paperback/Kindle available @ Amazon THE LIGHTS IN THE TUNNEL ... something new in the tunnel A green light has appeared As we watch closely, we see that many more lights gradually begin to shift in hue The intensity of the lights remains unchanged, but the color ... changed in the tunnel As we watch, we see that the lights continue to softly impact the panels on the walls of the tunnel as consumers purchase products and services The businesses in the tunnel make...

Ngày tải lên: 20/06/2014, 21:20

... THE LIGHTS IN THE TUNNEL / 208 in the tunnel begins to quickly increase We also notice that, over time, each of the newdim lights is very gradually becoming brighter As the new lights ... walls that were once dark The entrepreneurs and business owners in the tunnel are responding to the rapidly increasing demand As the number of lights continues to increase, the speed with which panels ... unprecedented intensity Still, as the ever-increasing cycle of light continues to parade through the expanding tunnel, we sense strongly that it is the seemingly infinite number of green lights that...

Ngày tải lên: 20/06/2014, 21:20

... Paperback/Kindle available @ Amazon THE LIGHTS IN THE TUNNEL / 236 may call for increased job training even as the prospects for more educated workers are diminishing They may also throw their weight ... have passed the Turing Test The Turing Test is perhaps the most well-known and accepted method for measuring true machine intelligence In practice, the rules would need to be further refined, and ... required rather than a single person In my opinion, the main problem with the Turing Test is that it is, as Turing pointed out in his paper, an “imitation game.” What it really tests is the ability...

Ngày tải lên: 20/06/2014, 21:20

... empirical evidence of the geometric increase in the power of computer technology Traditional Jobs: The Average Lights in the Tunnel All the attention being focused on new jobs being created by technology ... of the graph above, the top (diminishing returns) line represents food production, while the bottom (geometric) * Copyrighted Material – Paperback/Kindle available @ Amazon THE LIGHTS IN THE TUNNEL ... / 54 The continuing advance of computer technology along a geometrically increasing path and the diminishing returns from investment in education seem to make a very strong case that the average...

Ngày tải lên: 21/06/2014, 02:20

... Paperback/Kindle available @ Amazon THE LIGHTS IN THE TUNNEL / 84 sions about the people in front of her, judging things like their attire, whether they seem impatient, their importance and their ... over the past couple of decades, but I not think it can continue indefinitely The reason is simple: machines and computers are advancing in capability and will increasingly invade the realm of the ... priorities.29 In the coming decades, we can anticipate far more advanced robots playing an increasingPlease see “Machine Intelligence and the Turing Test” in the Appendix for more on artificial intelligence...

Ngày tải lên: 21/06/2014, 02:20

... interested in Copyrighted Material – Paperback/Kindle available @ Amazon THE LIGHTS IN THE TUNNEL / 114 saving Consumers in the United States are expected to continue powering the factories in China ... from exports, the major factor propping up the Chinese economy is the continuing enormous investment in infrastructure Clearly however, this level of spending is not sustainable indefinitely Many ... and credit cards in order to maintain their standard of living The collapse of these credit lines in 2008, together with rapidly rising unemployment, forced consumers to cut back in a fairly dramatic...

Ngày tải lên: 21/06/2014, 02:20

... further thought and discussion * Copyrighted Material – Paperback/Kindle available @ Amazon THE LIGHTS IN THE TUNNEL / 178 Setting the Incentives Who should be responsible for defining these incentives ... Amazon THE LIGHTS IN THE TUNNEL / 166 pose a somewhat lower tax on businesses and then use an additional consumption tax to capture the remaining wage income This strategy will ensure that the business ... to power the economy of the future The Power of Inequality The idea of incentives is closely tied to the concept of income inequality In this book, I have made the point that extreme income concentration...

Ngày tải lên: 21/06/2014, 02:20

... THE LIGHTS IN THE TUNNEL / 208 in the tunnel begins to quickly increase We also notice that, over time, each of the newdim lights is very gradually becoming brighter As the new lights ... walls that were once dark The entrepreneurs and business owners in the tunnel are responding to the rapidly increasing demand As the number of lights continues to increase, the speed with which panels ... unprecedented intensity Still, as the ever-increasing cycle of light continues to parade through the expanding tunnel, we sense strongly that it is the seemingly infinite number of green lights that...

Ngày tải lên: 21/06/2014, 02:20

... interested in Copyrighted Material – Paperback/Kindle available @ Amazon THE LIGHTS IN THE TUNNEL / 114 saving Consumers in the United States are expected to continue powering the factories in China ... from exports, the major factor propping up the Chinese economy is the continuing enormous investment in infrastructure Clearly however, this level of spending is not sustainable indefinitely Many ... and credit cards in order to maintain their standard of living The collapse of these credit lines in 2008, together with rapidly rising unemployment, forced consumers to cut back in a fairly dramatic...

Ngày tải lên: 21/06/2014, 09:20

... further thought and discussion * Copyrighted Material – Paperback/Kindle available @ Amazon THE LIGHTS IN THE TUNNEL / 178 Setting the Incentives Who should be responsible for defining these incentives ... Amazon THE LIGHTS IN THE TUNNEL / 166 pose a somewhat lower tax on businesses and then use an additional consumption tax to capture the remaining wage income This strategy will ensure that the business ... to power the economy of the future The Power of Inequality The idea of incentives is closely tied to the concept of income inequality In this book, I have made the point that extreme income concentration...

Ngày tải lên: 21/06/2014, 09:20

... according to these incentives, they will earn the income they * Please see the “Technology Paradox” in the Appendix Copyrighted Material – Paperback/Kindle available @ Amazon THE LIGHTS IN THE TUNNEL ... something new in the tunnel A green light has appeared As we watch closely, we see that many more lights gradually begin to shift in hue The intensity of the lights remains unchanged, but the color ... changed in the tunnel As we watch, we see that the lights continue to softly impact the panels on the walls of the tunnel as consumers purchase products and services The businesses in the tunnel make...

Ngày tải lên: 21/06/2014, 09:20

... THE LIGHTS IN THE TUNNEL / 208 in the tunnel begins to quickly increase We also notice that, over time, each of the newdim lights is very gradually becoming brighter As the new lights ... walls that were once dark The entrepreneurs and business owners in the tunnel are responding to the rapidly increasing demand As the number of lights continues to increase, the speed with which panels ... unprecedented intensity Still, as the ever-increasing cycle of light continues to parade through the expanding tunnel, we sense strongly that it is the seemingly infinite number of green lights that...

Ngày tải lên: 21/06/2014, 09:20

... Paperback/Kindle available @ Amazon THE LIGHTS IN THE TUNNEL / 84 sions about the people in front of her, judging things like their attire, whether they seem impatient, their importance and their ... over the past couple of decades, but I not think it can continue indefinitely The reason is simple: machines and computers are advancing in capability and will increasingly invade the realm of the ... priorities.29 In the coming decades, we can anticipate far more advanced robots playing an increasingPlease see “Machine Intelligence and the Turing Test” in the Appendix for more on artificial intelligence...

Ngày tải lên: 21/06/2014, 15:20

... 135 The Average Worker and the Average Machine Another way to express this idea of a tipping point is to think of an average worker using an average machine somewhere in the economy Obviously, in ... any increase in demand primarily by investing in more technology As we saw in Chapter 2, this point marks the downfall of economists’ faith in the Luddite fallacy, and it also marks the beginning ... advantage in terms of attracting and retaining investment India and Offshoring We’ve noted that China does not yet have an integrated, self-sustaining modern economy This is equally true of India India...

Ngày tải lên: 21/06/2014, 15:20