[LI] Decoupling income from “traditional work”​? Maybe it’s bigger than that

Martin Ford, the author of Rise of the Robots: Technology and the Threat of a Jobless Future (2016) and Architects of Intelligence (2019), gave a TED talk in April 2017 entitled "How we'll earn money in a future without jobs." Just before he gets to his main topic of universal basic income (UBI),¹ there is a phrase that caught my … Continue reading [LI] Decoupling income from “traditional work”​? Maybe it’s bigger than that

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[LI] Power, productivity, & wealth (2 items)

Two items posted to LinkedIn, which highlight incongruities in wealth and income, and their relative relationships to power and productivity. "While your salary stays the same, CEOs keep getting raises," by Eillie Anzilotti, Fast Company, 16 Aug 2018 (posted August 2018) Hmmm... "CEO compensation rose by 979 percent" - "far faster than stock prices or … Continue reading [LI] Power, productivity, & wealth (2 items)

[LI] AI & the future of work, jobs, income & wealth

In his LinkedIn article "Why the future of work is a National emergency," Michael Spencer outlines what he sees as the threat of automation (which increasingly involves artificial intelligence - AI) for employment, and the ramifications of this in the economy. Here's an alternative view. First and most important is to disaggregate "work" on the … Continue reading [LI] AI & the future of work, jobs, income & wealth