transition

Blog

Ward Hooper

Finding Your Way to Your Authentic Career

Transition to the fulfilling work you were meant to do
Thursday, June 6, 2013, 9:22 PM

Unfulfilled by your job? Wish the work you do on a daily basis were more aligned with the person you are (your interests and values)?

You're not alone.

In fact, the majority of workers would chose a different career path if given the chance. » Read more

Insider

Why the Robot Age May Create a Massive Deflationary Bust

And could create epic inequality
Tuesday, January 29, 2013, 12:02 PM

Executive Summary

  • The transition back to an electricity-centric economy is regressive
  • Declining net energy and peak expansion are co-incident
  • Change that substitutes labor without providing a higher use for it is deflationary and results in inequality
  • Our challenge is to find sustainable work for society

If you have not yet read The Siren Song of the Robot, available free to all readers, please click here to read it first.

Capitalism demands fast gains in productivity. Capitalism seeks revolutionary change. But it’s not clear whether a revolution in machine intelligence leads to a deflationary boom, per Schumpeter, or a deflationary bust.

Writers such as Paul Krugman have perhaps moved too quickly, too easily, to conclude that a massive increase in production from such technology leads sustainably to large growth in GDP without severe consequences. Indeed, in a recent essay responding to Robert Gordon's paper on the end of growth, Krugman takes the view that (positive) returns from technology are just beginning to unfold.

I conclude that Krugman is actually concerned about and open to the possibility that an enormous wave of disruption to manufacturing from robots could produce higher GDP initially and also problems thereafter. What happens to wages in the broader economy?

One does not have to be a Luddite about technology to fear yet another huge new round of wage deflation. The West has already been treated to an era of “cheap, quickly manufactured goods that enhance people’s lives” during the past two decades. And it’s not clear that a flood of goods has necessarily improved well-being.

While I certainly wouldn’t make the curmudgeon's case that electronic devices have reduced well-being, it’s not clear that the I.T. revolution has accomplished much in the way of delivering to consumers cheaper and better quality energy, food, or health care. » Read more

Featured Discussion

Would you change careers if you could?

Would you change careers if you could?

We're working on a guide for those interested in making the transition to a more authentic career

Featured Discussion

Modeling Transition Towards A More Resilient Life

Modeling Transition Towards A More Resilient Life

A longtime reader shares his recent journey from urban to rural living

Blog

My Career Transition Story

Happy endings are real
Tuesday, June 5, 2012, 6:00 PM

Late 2009

Stress and anxiety defined my world.  But on the surface, no one suspected that.

I was a Vice President at a Fortune 300 Silicon Valley tech giant, about to celebrate my ninth anniversary there. I had arrived there after a successful start-up stint, and before that, an MBA from Stanford and a few years at a Wall Street bulge-bracket firm.

My career appeared to be progressing right on schedule. So what was there to worry about? » Read more