Apple, Android, And Ancient Greece

Neil Sahota, Andrew Yang And The Creative Destruction Of Jobs By Robots And AI

Neil Sahota argues that, yes, jobs will be destroyed, but many more and higher quality jobs will be created. That jobs will be destroyed is much talked about. But that new jobs will be created is not much talked about. Neil's take is much-needed optimism in an otherwise gloom and doom mood swing.

Thanks To Robots, Humans Are Finally In Demand the most employable people in the future will be those who act like … well, people........ there is one area where A.I. is going to be very slow to surpass human intelligence: The Arts. That’s why we now talk about STEAM. ....... the importance of developing “soft skills” to thrive in a future in which robots can do tedious work once reserved for mankind. “We should be emphasizing problem-solving, leadership, creativity, collaboration, and, of course deploying emotional intelligence” ....... “We created an assembly-line system meant to churn out assembly-line workers” ...... “The bell rings, you move to where the schedule puts you, the bell rings again, you do as you’re told. Everyone gets processed in the same way, and at the end of the line you emerge with a certificate of quality.” ...... Automatons, while adept at taking orders, are not valued for their critical thinking abilities. ........ there are many robots capable of doing repetitive tasks, from stocking warehouses to dispensing prescriptions. ....... So, what can’t robots do? .... They cannot think. They cannot feel, dream, or imagine. And there are many theorists who suggest they never will...........

Unlike during the previous era, the coming automation age will prize human attributes like never before.

........ rather than being a zero-sum scourge upon the workforce, the rise of A.I. promises to tilt the nature of work in wonderfully positive, unprecedented ways....... we’re at the dawn of a new vocational reality. Today’s workforce stands to benefit not by taking orders or fulfilling rote tasks, but by doing what makes us uniquely human. .........

creativity is the most important skill for thriving in the 21st century

Andrew Yang: Yes, Robots Are Stealing Your Job Self-driving trucks will be great for the G.D.P. They’ll be terrible for millions of truck drivers.......... most factory job losses from 2000 to 2010 were caused by automation ........ 88 percent of factory job losses from 2000 to 2010 were caused by automation. ....... Automation doesn’t just affect millions of factory workers and truck drivers. Bookkeepers, journalists, retail and food service workers, office clerks, call center employees and even teachers also face the threat of being replaced by machines.......... 83 percent of jobs paying less than $20 per hour could have substantial parts of their work given over to automation....... Around five million manufacturing jobs have been lost since 2000, with automation being a main factor. Many of those jobs were in Ohio, Michigan, Pennsylvania, Wisconsin and Iowa — states that swung to Donald Trump in 2016. ...... about half of the Michigan workers who left the labor force may have filed for disability and many might never get off it, as the rate at which people come off disability benefits is extremely low. We then saw surges in suicides and drug overdoses to the point where life expectancy has either declined or stayed flat for three years in a row, something that hasn’t happened since the Spanish flu epidemic of 1918......... ....stock market prices don’t mean much to the 78 percent of workers in this country who are living paycheck to paycheck or the 40 percent of workers who are a $400 bill away from financial crisis ........ Human-centered capitalism would ensure that people are more important than money and that markets exist to serve our common goals and values....... four in 10 people in the United States live with unhealthy air or that nearly three in five adults with mental illness do not get treated..........

Our G.D.P. is over $20 trillion, and yet the average American is struggling.

..... A millennial has only a 50-50 chance of doing better than their parents. For someone born in the 1940s, the likelihood was 90 percent. The American dream is dying by the numbers.

For Andrew Yang, New Hampshire is a "homecoming" and a big bet At the very top of every New Hampshire stump speech, presidential candidate Andrew Yang notes his somewhat tenuous connection to the state: "How many of you know I went to high school in New Hampshire?" ..... "When I first showed up here in New Hampshire, I was like, does that count?" Yang chuckled to college students at Plymouth State University. "They were like, 'Oh yeah, that counts.'" ...... While other 2020 contenders have slashed New Hampshire based staff and travel in favor of Iowa, Yang has spent more days campaigning in the Granite State than any other presidential candidate this year, with more than 70 appearances in 2019 alone. He placed a "mid-six figure" television ad buy in the state on Thursday, rolling out two new spots. ........ ....Last month, the political upstart rendered a bold declaration about his campaign to nearly one hundred witnesses in a packed coffeehouse: "If this does not come out of New Hampshire, it dies." ....... Conversations with half a dozen of Yang's high school friends reveal a rebellious teen, albeit the kind that still aces exams and arrives early to Glee Club. "Andy" was "low-key funny," wore a black trench coat, and openly hated school. ...... "James Dean was like a rebel without a cause, right? He didn't give a s***," high school friend and close confidant Fiona Singer says. "He's a rebel with a cause, for sure. The free-thinking kind." ...... Hat sales have raised $1.2 million for the campaign, accounting for approximately 8% of all fundraising revenue........ "To give you an order of magnitude, you're looking at something like 60,000 voters would put you in the top 2 or 3, in all likelihood, in New Hampshire," he said recently at a rally in Boston........ "If we get 60,000 people on board with our message in New Hampshire, then imagine the headlines in February of 2020."

The Real Burj Khalifa (In The Foreground)

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#Dubai 🦒

A post shared by Fazza (@faz3) on Nov 13, 2019 at 4:29am PST

Older Entrepreneurs Are Better (Research Finding)

there seemed to be this very consistent finding that the likelihood of entrepreneurial success rises with age....... age reflects many, many things in life. We know that with age, many benefits accumulate, including your social ties — your relationship with suppliers and potential hires and co-founders — as well as financial wealth and human capital that you gain from working in different companies. ....... You could have the Zuckerbergs and Sheryl Sandbergs on a team, where you have a very young entrepreneur and perhaps an older manager to balance out those views. ....... when you look at just the Zuckerbergs and Gates of the world, you’re really cherry-picking the examples that the media likes to show. When we look at those individuals and their career histories, there is some evidence that over time they get better as operators and entrepreneurs of real companies. Even in that example, we have reasons to think that age is still an advantage in terms of being an entrepreneur. ...... this link between entrepreneurship and age is a really strong one. ......

venture capital often favors the young

...... They may know what’s happening, but they also know that there’s greater bargaining power against young entrepreneurs. ...... I’ve spoken to many executive MBA students who are in their early 40s and late 30s, and I’ve heard many perspectives that it might be too late for them to become entrepreneurs. What we want to do is discourage and dispel that myth because what we’re finding is they actually might be in the best position to start new companies. ........ We’re looking at immigrant entrepreneurs and the role that they play in creating jobs in the U.S. economy versus the jobs that are perhaps being “taken” by new immigrants in the U.S., and really comparing those two streams.

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How does the “batting average” for creating successful startups change with age? The answer, based on research by Wharton’s Danny Kim, might surprise you.

A post shared by Knowledge@Wharton (@whartonknows) on Nov 24, 2019 at 12:19pm PST

Bill Gates, Elizabeth Warren, And Andrew Yang

Bill Gates is in news saying something like, I have already paid $10 billion in taxes, "more than anyone else," and you can have 10 billion more if you want, but if you want all of the 100 billion, I got a problem with that.

Now the media being what it is (they want a fight!) all sorts of brand name media outlets (this is not yellow, tabloid journalism, this is mainstream media, the kind that informs heads of state early in the morning) are saying Bill Gates prefers Donald Trump over Elizabeth Warren. After all, he is just another rich guy.

First off, Warren has never proposed taking all of Bill Gates' money. Her 2% wealth tax means Bill Gates would pay two billion, which is less than the 10 billion he has already offered to pay.

Second, someone who might be super smart in one niche might or might not be equally informed in another niche, or in the same niche in another era. We think Tesla was so smart, Elon Musk has named his most famous company after him, and Musk is today, and Tesla was indeed smart. But Tesla never bought into whatever Einstein was proposing. Tesla was a pre-relativity kind of guy.

Bill Gates is a PC-era guy. No tech entrepreneur who starts in 2020 can not buy into the idea of a Universal Basic Income (which I have never defined as American Basic Income). UBI is to the fourth industrial revolution what electricity was to the second and what the internet has been to the third. It is basic. It is infrastructure.

In all fairness, I did not hear Bill Gates say anything about UBI. I'd be very surprised if he was opposed to it. But if he is saying, you have already taken 10 billion from me, take 10 billion more, but don't take away the entire 100 billion, because I have a foundation to run.

Only the mainstream media can interpret that as an attack on Elizabeth Warren, or the idea of UBI. I can't.

I actually subscribe to Bill Gates' newsletter. So he has a tendency to show up in my inbox. He is a smart interesting guy doing good work, although it is my firm conviction 100 Gates Foundations will not be able to solve the problems of the world, what we need is a world government.

Bill Gates, Elizabeth Warren, And Andrew Yang https://t.co/emjXtgTwCV @BillGates @ewarren @SenWarren @AndrewYang @AOC @reshmasaujani @iam_preethi @deepikapadukone @priyankagandhi @priyankachopra @IlhanMN @RashidaTlaib @RepPressley @sunrisemvmt @VarshPrakash #UBI

— Paramendra Kumar Bhagat (@paramendra) November 8, 2019

Hillary Clinton called the wealth taxes proposed by Bernie Sanders and Elizabeth Warren "unworkable" and said they would be "incredibly disruptive" if enforced. pic.twitter.com/BOJPZJokSX

— Justice Democrats (@justicedems) November 8, 2019

This whole “let’s all dunk on Bill Gates” thing is infuriating. Yep, dude is mega rich. But he’s also one if the greatest philanthropists the world has ever seen.

Dollar for dollar I’d wager his philanthropic investments are dramatically more efficient in their return vs. gov. https://t.co/efyBJWkkzO

— Matt Galligan (@mg) November 8, 2019