background preloader

Deep change in tech and economy

Facebook Twitter

Beyond finance edition. To Make Computers Useful, You Have To Fire People. We have innovation on many different levels, from materials to hardware organization to software to marketing to organization design to overall regulation.

To Make Computers Useful, You Have To Fire People

Many seem to think the lowest hardware levels are key, and other levels mostly go along for the ride. The $100bn Facebook question: Will capitalism survive 'value abundance'? Newspapers: It’s not a revenue problem, it’s a culture problem. The Project for Excellence in Journalism at the Pew Research Center has come out with a substantial new report on the efforts of newspapers both large and small to grow their digital businesses, and — not surprisingly, perhaps — the results are all over the map.

Newspapers: It’s not a revenue problem, it’s a culture problem

Although on average the news is rather bleak, with more than $7 in print revenue lost for every $1 produced by digital, some papers have managed to generate some strong growth, while others have lost revenue on their digital operations. The Nature Of The Firm and Work Markets. Analysis: Euro zone strugglers lack innovative knack. LONDON (Reuters) - To get an idea of the economic mountain euro zone strugglers Greece and Portugal have to climb, consider this: per million inhabitants, they each filed fewer than eight applications with the European Patent Office in 2010.

Analysis: Euro zone strugglers lack innovative knack

Germany, with the advantages of scale that go with a population eight times bigger, lodged 335 patent applications per million residents. But the Czech Republic, of a similar size to Greece and Portugal, managed 16. Much-smaller Ireland boasted 112, according to calculations based on data on the EPO website. Figures on research and development are a little better.

Greece spends just 0.6 percent of GDP on R&D, the same as in 1999. Innovation matters because it is a key driver of competitiveness, allowing firms to win greater market share and feeding through into greater productivity. That is the root cause of markets' skepticism about the ability of peripheral euro zone countries to grow quickly enough to sustain their huge debt loads. WEF. Business cycles: Lessons of the 1930s. The Book of Jobs. What this transition meant, however, is that jobs and livelihoods on the farm were being destroyed.

The Book of Jobs

Because of accelerating productivity, output was increasing faster than demand, and prices fell sharply. It was this, more than anything else, that led to rapidly declining incomes. Farmers then (like workers now) borrowed heavily to sustain living standards and production. Niall Ferguson: The 6 killer apps of prosperity. How Technology is Recreating the 21st-century Economy. W.

How Technology is Recreating the 21st-century Economy

Brian Arthur, PARC Visiting Researcher series: Entrepreneurial Spirit. The Freelance Surge Is the Industrial Revolution of Our Time - Sara Horowitz - Business. Welcome to the Gig Life.

The Freelance Surge Is the Industrial Revolution of Our Time - Sara Horowitz - Business

The boom in independent work is changing the way we think about jobs and careers. The Local-global Flip, Or, "the Lanier Effect" Global Rebellion: The Coming Chaos. *Well, I’m pretty used to seeing overheated essays of this kind, even from Californian university professors; but I’m sure not used to seeing ‘em on Al Jazeera.

Global Rebellion: The Coming Chaos

The Murdoch operation created the Tea Party, but the Al Jazeera apparatus can knock over entire chunks of continents. It’s like tiger versus shark. GLOBAL REBELLION: THE COMING CHAOS? William L. Komt er een einde aan de welvaartsgroei? Men, women – and machines. The rise of interconnected digital machines is threatening to change our economy in profound ways This month, we enter the season of Goodwill to All Men (and Women).

Men, women – and machines

Globalisation and higher education: Different degrees of success. David Hummels, Rasmus Jørgensen, Jakob R.

Globalisation and higher education: Different degrees of success

Munch, Chong Xiang , 10 December 2011 Fuelled by concerns over rising income inequality, Occupy Wall Street has grown into a global movement in slightly over 2 months, with protests in over 900 cities worldwide. Teachers Don’t Like Creative Students. One of the most consistent findings in educational studies of creativity has been that teachers dislike personality traits associated with creativity.

Teachers Don’t Like Creative Students

Review: The Spirit Level by Richard Wilkinson and Kate Pickett. We are rich enough. Economic growth has done as much as it can to improve material conditions in the developed countries, and in some cases appears to be damaging health. If Britain were instead to concentrate on making its citizens' incomes as equal as those of people in Japan and Scandinavia, we could each have seven extra weeks' holiday a year, we would be thinner, we would each live a year or so longer, and we'd trust each other more.

België ontsnapt aan toename ongelijkheid. Tim Harford — Adapt. When faced with complex problems, we have all become accustomed to looking to our leaders to set out a grand vision, experts to draw up a detailed plan of action, or gurus who can provide us with some infallible solution. In this groundbreaking book, Tim Harford shows us a new and inspiring approach to solving the most pressing problems in our lives. Harford argues that today’s challenges simply cannot be tackled with ready-made solutions and expert opinions; the world has become far too unpredictable and profoundly complex.

Instead, we must adapt—improvise rather than plan, work from the bottom up rather than the top down, and take baby steps rather than great leaps forward. From a spaceport in the Mojave Desert, to the street battles of Iraq, to a blazing offshore drilling rig, to everyday decisions in our business and personal lives, this is a handbook for surviving—and prospering—in our complex and ever-shifting world. Adapt was a Bloomberg Business Book of the Year, 2011. Nature. Innovation Starvation.

The British 1 Percent. This figure, via Paul Krugman, shows the income share of the top 1 percent in the United Kingdom. The broad pattern is very similar to what U.S. data shows. The figure suggests that the explanation of growing inequality over the past several decades cannot be U.S.

Occupy Wall Street

The Rise of the New Global Elite - Magazine. F. American plutocracy. The Undeserving One Percent? - Raghuram Rajan. Exit from comment view mode. Click to hide this space. Life in Europe's squeezed middle. Germany pessimistic about future. 7 November 2011Last updated at 11:38 By Stephen Evans BBC News, Berlin Many middle class Germans are seeing their pay frozen or cut while the cost of living continues to rise.

The Global Hollowing Out of the Middle Class (No, It's Not Just the U.S.) - Derek Thompson - Business. Some consider the erosion of the middle class an American phenomenon driven by greedy capitalists at the top or an especially impotent education system at the bottom. Is het kapitalisme verdoemd? 'We zitten in een twilightzone tussen oud en nieuw' American Middle Class Dwindles As Household Income Drops To 1996 Levels. Though the middle class isn't dead yet, at least a tombstone has been picked out. 12 Themes for 2012: what we can expect in the year ahead. The Job is Dying – The Need for a New Way to Make a Living. Layoffs are taking place all over Canada. Even once safe government jobs are safe no longer. The Big Data Boom Is the Innovation Story of Our Time - Atlantic Mobile. Twenty Years Fore & Aft.

Andy Stern: China's Superior Economic Model. Finance. Don Sull, Strategy through turbulence - McKinsey Quarterly - Strategy - Strategic Thinking. Cooperation. 5 ideeën van Pattie Maes. Een gps in ons hoofd. Why Artifical Intelligence Is Closer Than We Realize. Internettrends 2011 Meeker. Race Against the Machine. Here Comes the Sun.