Daily Digest

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Daily Digest 9/15 - Taste-Testing A Second Career, Why Is Zambia So Poor?

Sunday, September 15, 2013, 4:06 PM

Economy

A golden opportunity for education (Alan W.)

When Finland, for example, experienced its own deep crisis in the early 1990s it made a radical overhaul of its entire educational system aimed at promoting young talent and outstanding achievement. And the plan was successful with many other countries trying to emulate the country’s system today.

Report Suggests Nearly Half of U.S. Jobs Are Vulnerable to Computerization (Suzie G.)

The authors believe this takeover will happen in two stages. First, computers will start replacing people in especially vulnerable fields like transportation/logistics, production labor, and administrative support. Jobs in services, sales, and construction may also be lost in this first stage. Then, the rate of replacement will slow down due to bottlenecks in harder-to-automate fields such engineering. This “technological plateau” will be followed by a second wave of computerization, dependent upon the development of good artificial intelligence. This could next put jobs in management, science and engineering, and the arts at risk.

Taste-Testing a Second Career, With a Mentor (jdargis)

The Owens thought about buying the name and rejuvenating the business, but the more they thought, the more they realized that they hadn’t a clue about how to run a coffee shop. So they hopped online and discovered a Web site, now called PivotPlanet, which since 2003 has been pairing people interested in switching careers with mentors who can teach them how to start.

Why Is Zambia So Poor? (jdargis)

So Zambia is not failed. It is simply very, very poor. Sixty-four percent of the population lives on less than $1 per day, 14 percent have HIV, 40 percent don’t have access to clean drinking water. Almost 90 percent of women in rural areas cannot read or write. Name a category—schools, health care, environment—and I’ll give you statistics that will depress the shit out of you.

Russia has only 7 years before oil crisis? (Arthur Robey)

In addition, "Rosneft" has promised to maintain social facilities in the territories where it has presence, and participate in cultural and sporting initiatives in the region. In 2013 approximately 10.5 billion rubles was allocated to the budget of Orenburg region from "Rosneft" enterprises as tax payments. Following the acquisition of 100 percent stake in TNK-BP, the number of assets in the Orenburg region has significantly increased.

Gold & Silver

Click to read the Gold & Silver Digest: 7/25/13

Provided daily by the Peak Prosperity Gold & Silver Group

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7 Comments

Arthur Robey's picture
Arthur Robey
Status: Diamond Member (Offline)
Joined: Feb 4 2010
Posts: 3936
Why is Zambia Poor?

Decolonization.

Decolonization achieved all its objectives. It got rid of the White Africans, drove the continent to it's knees with "cheap" debt and now it is ripe for screwing.

Congratulations to all participants.

Arthur Robey's picture
Arthur Robey
Status: Diamond Member (Offline)
Joined: Feb 4 2010
Posts: 3936
20,000 Jobs Lost in Porn Industries.

Biggest jobs lost ever.

Keyser Report, With Jim Rickerts.

robie robinson's picture
robie robinson
Status: Diamond Member (Offline)
Joined: Aug 25 2009
Posts: 1192
Before milking

i took a turn here. Well one click led to another and this essay, an absolute delight, was discovered. having neither time nor concern to find a proper place to post i put it here.  http://irevolution.net/2013/08/28/big-data-resilience-lord-of-the-rings/

Arthur Robey's picture
Arthur Robey
Status: Diamond Member (Offline)
Joined: Feb 4 2010
Posts: 3936
phecksel's picture
phecksel
Status: Silver Member (Offline)
Joined: May 24 2010
Posts: 204
AR, Video you wanted to share

AR,

Video you wanted to share isn't displayed.

Quercus bicolor's picture
Quercus bicolor
Status: Gold Member (Offline)
Joined: Mar 19 2008
Posts: 470
Automation, energy and environment

Report Suggests Nearly Half of U.S. Jobs Are Vulnerable to Computerization (Suzie G.)

The authors believe this takeover will happen in two stages. First, computers will start replacing people in especially vulnerable fields like transportation/logistics, production labor, and administrative support. Jobs in services, sales, and construction may also be lost in this first stage. Then, the rate of replacement will slow down due to bottlenecks in harder-to-automate fields such engineering. This “technological plateau” will be followed by a second wave of computerization, dependent upon the development of good artificial intelligence. This could next put jobs in management, science and engineering, and the arts at risk.

What the article doesn't discuss is that fundamentally, automation due to computers/robots and earlier gains in productivity are fundamentally similar.  They allow more goods and services to be produced with less people.  As long as there is sufficient energy, raw materials and ecosystem services available to increase production (and willing consumers available to purchase the goods and services by increasing their consumption), increased production can provide employment for the displaced workers. 

My theory is that limits on energy, raw materials, ecosystem services and the desire to consume are now beginning to put a cap on production (or even decrease it) so that increased production is no longer an option to maintain employment in the face of productivity gains.  Perhaps automation is displacing workers at a faster rate than it has in the past as well.

Arthur Robey's picture
Arthur Robey
Status: Diamond Member (Offline)
Joined: Feb 4 2010
Posts: 3936
Sorry Phecksel, I blew it.

Sorry Phecksel,

I blew it. This re-inforces my view of the situation. No need to tell anyone that you are leaving a minimum in the bank.

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