The Second Machine Age News Today

They are working their fingers to the bone, more than 40 hours a week and barely able to get by. >> you are right. the report that showed over the next decade, the occupations with the most growth of jobs are retail, food preparation and home health aides. >> that is the growth of the job market. not the same wages of jobs that we have seen before. some of the jobs are fast food jobs. a lot of growth there. we have seen a movement, andrew, to unionize the food workers. will those jobs exist in t...

1995 or george w. bush and tony blair in 2001. stay tuned and well tell you the correct answer. this weeks book of the week is the one we were talking about, "the second machine age" which erik brynjolfson and andrew mcafee. it combines a powerful understanding of technology and economics to shed light on one of the most important trends at work in the world. even ibms super computer watson couldnt have written a book this smart, yet. and now for the last look, china is home to the worlds fastes...

Easily and effectively reduce poverty in most countries. its less clear what to do about the super rich. but frankly, if we can help the poor move up, it matters less to me at least that the rich move up even faster. but the great problem, the largest one involving the most people, is the great stagnation. middle-class people have seen their incomes stagnate for decades now. and with technology taking away work and globalization outsourcing jobs, these trends have actually intensified in recent ...

Capability, irans capability, and we know what capabilities the israelis have for that matter. so with all of these in mind, these are empty slogans. when it comes to practice, the israelis cannot do that. if they do such a crazy thing, our response will make them rue the day. >> mr. president, you are now at the center of the world, and i think its fair for people to wonder who are you? and so there are some people who say that you are a real liberal in the iranian system. there are others who ...

Managers, all played a large role in manufacturing a product. in the second machine age, the authors argue, we are starting to automate cognitive tasks. control, judgment, calibration. the machines are replacing human control and cognition. they can make more consistent decisions than can humans. and the effect is massively compounded because of new information technologies like big data. the result -- you dont need many people. you can see it in the numbers. general motors, when it was one of t...

Different factors -- the rise of the super rich, the rise of a larger group of poor people, and the stagnation of the great middle class. were actually beginning to see a healthy discussion about the first two, especially about the poor. smart government policies could easily and effectively reduce poverty in most countries. its less clear what to do about the super rich. but frankly, if we can help the poor move up, it matters less to me at least that the rich move up even faster. but the great...

Industrial revolution and all through the information revolution, technology was used to create power systems to work with and enhance human muscle power and human control. human control was a crucial part of the process every step of the way. think of a factory where thousands of workers, foremen, managers, all played a large role in manufacturing a product. in the second machine age, the authors argue, we are starting to automate cognitive tasks. control, judgment, calibration. the machines ar...