the psychology of investing
The Lights in the Tunnel Automation Accelerating Technology and the Economy of the Future_1 potx
... participates in the world mass market The number of lights seems limitless, but in fact they represent only a small fraction of the world’s population The lights include the people of the United States, ... Defeating the Lobbyists A More Conventional View of the Future The Risk of Inaction 107 107 110 113 115 117 124 127 Chapter 4: Transition The Basis of the Free Market Economy: Incentives Preserving the ... 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...
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The Lights in the Tunnel Automation Accelerating Technology and the Economy of the Future_2 ppt
... regions of the tunnel walls 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 ... important enough to merit their own engineering field The University of Michigan had one of the most advanced computing centers in the country The computer then in use was a state -of -the- art mainframe ... 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...
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The Lights in the Tunnel Automation Accelerating Technology and the Economy of the Future_3 pot
... corporate CEO Many of the jobs listed in the table are already in the process of being automated or offshored Others will be targeted in the very near future Millions of other workers in occupations ... punch cards at the University of Michigan At the time, these cards were used for nearly everything The utility bill you received in the mail was often a type of punch card As a result, there were ... facing down, or with the lenses up Or perhaps the glasses are open with the lenses oriented vertically Or maybe one side of the glasses is open and the other closed And, of course, the glasses could...
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The Lights in the Tunnel Automation Accelerating Technology and the Economy of the Future_4 pptx
... 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 for appointments.”28 The ... 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 people ... to eliminate many of these human interface jobs in the coming years The Next “Killer App” Since the beginnings of the personal computer industry, computer hardware sales have often been driven...
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The Lights in the Tunnel Automation Accelerating Technology and the Economy of the Future_5 potx
... important in the future? The conventional answer is: first, the number of workers as compared with the number of retired persons in most countries, and second the number of workers (and the wages they ... in this projection, then the ramifications for the rest of the 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 ... point in the distant future? To answer this question, let’s look at howmarkets work in the real world The Predictive Nature of Markets One of the more interesting developments to arise out of the...
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The Lights in the Tunnel Automation Accelerating Technology and the Economy of the Future_6 pdf
... distribution of incomes in the United States and then eliminate both the richest and the poorest people Then graph the average income of the remaining “typical” people (the bulk of consumers) over time ... of taxes just as they currently: (1) They would pay a gross margin tax instead of the current payroll tax, and (2) they would continue to pay the normal business income tax Consider some of the ... been the introduction of advanced technology that has increased productivity and made the advanced nations of the world rich The reason for this goes back to the economists’ explanation for the...
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The Lights in the Tunnel Automation Accelerating Technology and the Economy of the Future_8 docx
... exclusively on the monetary policy of the Federal Reserve While there is little double that the overly restrictive policies of the Fed prolonged the Depression and perhaps turned a run of the mill ... 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 no distinctions based on the color of ... labor is required to some degree in the production of nearly everything The availability of workers, the cost of employing them and the specific skills that they possess is an important constraint...
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The Lights in the Tunnel Automation Accelerating Technology and the Economy of the Future_9 potx
... training—so they can hop over to the good side of the fence I think that the problem with this scenario is that the fence is goingto move, and it may move very rapidly The good side of the fence ... available @ Amazon THE LIGHTS IN THE TUNNEL / 214 robots capable of assisting with care of the elderly population The current consensus view seems to be that, as a result of the 2008-9 financial ... to the bottlenecks that create shortages of workers in fields such as nursing Therefore, in considering the overall impact of machine automation, the important criterion is not the number of...
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The Lights in the Tunnel Automation Accelerating Technology and the Economy of the Future_10 pdf
... chillingly, the overthrow of governments and a “dictatorship of the proletariat.” In the wake of the collapse of communism, these ideas have been shown unequivocally to be non-starters They deserve ... (one of Europe’s top technical universities) and IBM, is one such effort to simulate the workings of the brain Once researchers gain an understanding of the basic operating principles of the brain, ... Paperback/Kindle 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...
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Accelerating Technology and the Economy of the Future_2 pot
... corporate CEO Many of the jobs listed in the table are already in the process of being automated or offshored Others will be targeted in the very near future Millions of other workers in occupations ... punch cards at the University of Michigan At the time, these cards were used for nearly everything The utility bill you received in the mail was often a type of punch card As a result, there were ... facing down, or with the lenses up Or perhaps the glasses are open with the lenses oriented vertically Or maybe one side of the glasses is open and the other closed And, of course, the glasses could...
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Accelerating Technology and the Economy of the Future_3 pdf
... 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 for appointments.”28 The ... 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 people ... to eliminate many of these human interface jobs in the coming years The Next “Killer App” Since the beginnings of the personal computer industry, computer hardware sales have often been driven...
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Accelerating Technology and the Economy of the Future_4 doc
... important in the future? The conventional answer is: first, the number of workers as compared with the number of retired persons in most countries, and second the number of workers (and the wages they ... in this projection, then the ramifications for the rest of the 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 ... point in the distant future? To answer this question, let’s look at howmarkets work in the real world The Predictive Nature of Markets One of the more interesting developments to arise out of the...
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Accelerating Technology and the Economy of the Future_6 pdf
... (1) Some of the income accrues to the owners and managers of the business, and (2) some of the income is redirected to the consumers of the business’s products or services in the form of lower ... given up half of everything he had, if he could have been certain of retaining the other half of his fortune under the rule of law Clearly, the risks are very real, not just for the bulk of people ... Journalism Another area which is related to the idea of civic and community involvement is professional journalism The framers of the U.S constitution recognized that the scrutiny of government...
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Accelerating Technology and the Economy of the Future_8 pot
... training—so they can hop over to the good side of the fence I think that the problem with this scenario is that the fence is goingto move, and it may move very rapidly The good side of the fence ... available @ Amazon THE LIGHTS IN THE TUNNEL / 214 robots capable of assisting with care of the elderly population The current consensus view seems to be that, as a result of the 2008-9 financial ... to the bottlenecks that create shortages of workers in fields such as nursing Therefore, in considering the overall impact of machine automation, the important criterion is not the number of...
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Brad Feld Reviews The Lights in the Tunnel_3 potx
... important in the future? The conventional answer is: first, the number of workers as compared with the number of retired persons in most countries, and second the number of workers (and the wages they ... in this projection, then the ramifications for the rest of the 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 ... point in the distant future? To answer this question, let’s look at howmarkets work in the real world The Predictive Nature of Markets One of the more interesting developments to arise out of the...
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Brad Feld Reviews The Lights in the Tunnel_5 doc
... (1) Some of the income accrues to the owners and managers of the business, and (2) some of the income is redirected to the consumers of the business’s products or services in the form of lower ... given up half of everything he had, if he could have been certain of retaining the other half of his fortune under the rule of law Clearly, the risks are very real, not just for the bulk of people ... Journalism Another area which is related to the idea of civic and community involvement is professional journalism The framers of the U.S constitution recognized that the scrutiny of government...
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Brad Feld Reviews The Lights in the Tunnel_6 potx
... exclusively on the monetary policy of the Federal Reserve While there is little double that the overly restrictive policies of the Fed prolonged the Depression and perhaps turned a run of the mill ... 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 no distinctions based on the color of ... labor is required to some degree in the production of nearly everything The availability of workers, the cost of employing them and the specific skills that they possess is an important constraint...
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Brad Feld Reviews The Lights in the Tunnel_7 pot
... training—so they can hop over to the good side of the fence I think that the problem with this scenario is that the fence is goingto move, and it may move very rapidly The good side of the fence ... available @ Amazon THE LIGHTS IN THE TUNNEL / 214 robots capable of assisting with care of the elderly population The current consensus view seems to be that, as a result of the 2008-9 financial ... to the bottlenecks that create shortages of workers in fields such as nursing Therefore, in considering the overall impact of machine automation, the important criterion is not the number of...
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Brad Feld Reviews The Lights in the Tunnel_2 pot
... 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 for appointments.”28 The ... 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 people ... to eliminate many of these human interface jobs in the coming years The Next “Killer App” Since the beginnings of the personal computer industry, computer hardware sales have often been driven...
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Brad Feld Reviews The Lights in the Tunnel_4 pdf
... distribution of incomes in the United States and then eliminate both the richest and the poorest people Then graph the average income of the remaining “typical” people (the bulk of consumers) over time ... of taxes just as they currently: (1) They would pay a gross margin tax instead of the current payroll tax, and (2) they would continue to pay the normal business income tax Consider some of the ... been the introduction of advanced technology that has increased productivity and made the advanced nations of the world rich The reason for this goes back to the economists’ explanation for the...
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