... However, given the paucity ofthe data andthe di¢ culty in measuring medical technology at the country level, we assume that technology is unobserved, and proxy for it by means of a spatial process ... period the Moran statistic has been standardized by using the moments ofthe empirical distribution generated by a random permutation procedure 10 that the most important determinants of their ... on the second moment ofthe distribution Although the inputs have an impact on the dependent variable, this result, in light ofthe law of diminishing marginal productivity, supports the hypothesis...
... the opposition ofphilosophyand antiphilosophy and to demonstrate the value ofthe former over the latter is cunning The dialogues incorporate representative elements ofphilosophyand antiphilosophy, ... with views ofthe brothers and Hippias as wise and then undermine these Indeed, many ofthe dialogues introduce authoritative figures only to undermine their authority in the course ofthe dialogue ... misconception ofthe form and meaning ofthe arguments through importing into them logical and conceptual material foreign to the author and his times On the other, there has been misconception of the...
... the large companies stand out, we can see that huge areas ofthe tunnel walls are covered in a patchwork of many thousands of much smaller panels These are the products and services offered by ... though the very process of moving the light around naturally makes it growover time This then is the mass market: a natural cycle of increasing light and wealth governed bythe logic ofthe marketplace ... anticipate recovery from the current crisis and in the years and decades ahead? What will the economy ofthe future look like? Among people who work in the field of computer technology, it is fairly...
... failing and whole regions ofthe tunnel walls are growing dark Now we see that many ofthe very brightest lights in the tunnel finally feel the impact and also begin to lose their light The owners of ... to lower their prices As a result, their profits, and therefore the wealth of their top employees and shareholders increased These were the brighter lights in the tunnel that initially became stronger ... significant differences and debate about issues relating to the differing economic systems ofthe North andthe South The Northern economy was built on free labor and entrepreneurship and tended to spread...
... quickly attracted the notice ofthe Securities and Exchange Commission and may result in newregulation As these examples show, we can expect that the rate of change andthe volatility of nearly everything ... clearly that the new job types created bytechnology are very often themselves quickly vaporized bythe same phenomenon The IT jobs that are now being offshored and automated are brand new jobs ... facing down, or with the lenses up Or perhaps the glasses are open with the lenses oriented vertically Or maybe one side ofthe glasses is open andthe other closed And, of course, the glasses could...
... our 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 ... 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 preferred times ... workers and a flattening of organizational charts that will eliminate large numbers of middle managers (The impact of automation will, of course, be in addition to that of offshoring.) Many of these...
... by 2029 Kurzweil is also one ofthe leading proponents ofthe technological singularity, which he expects to occur bythe year 2045.36 This concept, which was originally introduced bythe mathematician ... with the number of retired persons in most countries, and second the number of workers (and the wages they are willing to accept) in developing nations like China as compared with the number of ... this projection, then the ramifications for the rest ofthe world will be enormous In the West, we look to the impending economic might of China with mixed emotions On the one hand, we worry about...
... consumers’ pockets These consumers then go out and buy all kinds of things, and so the result is increased demand for the products produced by all types of industries Some of these industries are ... distribution of incomes in the United States and then eliminate both the richest andthe poorest people Then graph the average income ofthe remaining “typical” people (the bulk of consumers) over time ... but also often mired in bureaucracy In the midst of this, India has an isolated island of enormous growth and prosperity: its software and offshoring industries India will face exactly the same...
... resources, and, of course, the climate change effects associated with the emission of carbon dioxide and other greenhouse gasses Technology Production is also limited bythe sophistication ofthe machines, ... to recapture just the optimal amount of income and then get it into the hands of consumers so that there will be sufficient consumer demand to continue driving the economy Once the income has been ... market demand or the reasonable expectation of such demand in the foreseeable future The idea that production responds to demand is one ofthe defining characteristics of capitalism Removing the Constraints...
... 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 are updated and ... purchasing power in the pockets of consumers Those consumers then go out and spend that extra money on all kinds of products and services produced by a variety of industries Some of those industries ... nursing Therefore, in considering the overall impact of machine automation, the important criterion is not the number of workers available but the types of jobs that can be automated To the extent...
... centrally planned economy, and perhaps most chillingly, the overthrow of governments and a “dictatorship ofthe proletariat.” In the wake ofthe collapse of communism, these ideas have been shown ... available @ Amazon THE LIGHTS IN THE TUNNEL / 244 man judge The other participants are another person and a machine—both of whom attempt to convince the judge that they are human by conducting a ... between Switzerland’s EPFL (one of Europe’s top technical universities) and IBM, is one such effort to simulate the workings ofthe brain Once researchers gain an understanding ofthe basic operating...
... quickly attracted the notice ofthe Securities and Exchange Commission and may result in newregulation As these examples show, we can expect that the rate of change andthe volatility of nearly everything ... clearly that the new job types created bytechnology are very often themselves quickly vaporized bythe same phenomenon The IT jobs that are now being offshored and automated are brand new jobs ... facing down, or with the lenses up Or perhaps the glasses are open with the lenses oriented vertically Or maybe one side ofthe glasses is open andthe other closed And, of course, the glasses could...
... our 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 ... 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 preferred times ... workers and a flattening of organizational charts that will eliminate large numbers of middle managers (The impact of automation will, of course, be in addition to that of offshoring.) Many of these...
... by 2029 Kurzweil is also one ofthe leading proponents ofthe technological singularity, which he expects to occur bythe year 2045.36 This concept, which was originally introduced bythe mathematician ... with the number of retired persons in most countries, and second the number of workers (and the wages they are willing to accept) in developing nations like China as compared with the number of ... this projection, then the ramifications for the rest ofthe world will be enormous In the West, we look to the impending economic might of China with mixed emotions On the one hand, we worry about...
... (1) Some ofthe income accrues to the owners and managers ofthe business, and (2) some ofthe income is redirected to the consumers ofthe business’s products or services in the form of lower ... Another area which is related to the idea of civic and community involvement is professional journalism The framers ofthe U.S constitution recognized that the scrutiny of government provided by ... stream of income into the hands of consumers, and as we have seen, that is absolutely essential in order to create sustained demand for mass market products and services and therefore drive the...
... 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 are updated and ... purchasing power in the pockets of consumers Those consumers then go out and spend that extra money on all kinds of products and services produced by a variety of industries Some of those industries ... nursing Therefore, in considering the overall impact of machine automation, the important criterion is not the number of workers available but the types of jobs that can be automated To the extent...
... quickly attracted the notice ofthe Securities and Exchange Commission and may result in newregulation As these examples show, we can expect that the rate of change andthe volatility of nearly everything ... clearly that the new job types created bytechnology are very often themselves quickly vaporized bythe same phenomenon The IT jobs that are now being offshored and automated are brand new jobs ... facing down, or with the lenses up Or perhaps the glasses are open with the lenses oriented vertically Or maybe one side ofthe glasses is open andthe other closed And, of course, the glasses could...
... our 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 ... 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 preferred times ... workers and a flattening of organizational charts that will eliminate large numbers of middle managers (The impact of automation will, of course, be in addition to that of offshoring.) Many of these...
... by 2029 Kurzweil is also one ofthe leading proponents ofthe technological singularity, which he expects to occur bythe year 2045.36 This concept, which was originally introduced bythe mathematician ... with the number of retired persons in most countries, and second the number of workers (and the wages they are willing to accept) in developing nations like China as compared with the number of ... this projection, then the ramifications for the rest ofthe world will be enormous In the West, we look to the impending economic might of China with mixed emotions On the one hand, we worry about...
... consumers’ pockets These consumers then go out and buy all kinds of things, and so the result is increased demand for the products produced by all types of industries Some of these industries are ... distribution of incomes in the United States and then eliminate both the richest andthe poorest people Then graph the average income ofthe remaining “typical” people (the bulk of consumers) over time ... but also often mired in bureaucracy In the midst of this, India has an isolated island of enormous growth and prosperity: its software and offshoring industries India will face exactly the same...