Why and how capitalism needs to be reformed
By: Harvard Business School April 5, 2019 I was fortunate enough to be raised in a middle-class family by parents who took good care of me, to go to good public schools, and to come into a job market that offered me equal opportunity. I was raised with the belief that having equal opportunity to have […]
Dimon defends capitalism ‘Socialism inevitably produces stagnation, corruption and often worse’
By: Jeff Cox & John Melloy April 4, 2019 J.P. Morgan Chase CEO Jamie Dimon released his annual must-read letter to shareholders on Thursday, and bashing socialism, defended stock buybacks and talked about some potentially dangerous days ahead. “When governments control companies, economic assets (companies, lenders and so on) over time are used to further […]
Google will soon let you auto-delete your location tracking data
By: MSN April 2, 2019 Google is introducing a new feature for your Google account that will allow you to automatically delete your Location History and Web and App Activity data after a set period of time. You’ll be able to delete the data after either three or 18 months, and it will then continue […]
Competition, not break-up, is the cure for tech giants’ dominance
By: The Economist March 28, 2017 Score one for the machines. The largest fund company in the world, BlackRock, has faced a thorny challenge since it acquired the exchange-traded-fund business from Barclays in 2009. These low cost, computer-driven funds have exploded in growth, leaving in the dust the stock pickers who had spurred an earlier […]
The probability of automation in England: 2011 and 2017
By: Office For National Statistics March 25, 2019 Introduction Automation is of increasing importance to society, reflecting that the job market is changing composition. This article describes the methodology used by the Office for National Statistics (ONS) for producing estimates of the probability of automation for 2011 and 2017. We describe previous studies that have […]
Why book value has lost its meaning
By: Buttonwood March 23, 2019 BABY-BOOMERS may recall, perhaps wistfully, how the golden-arched sign outside every McDonald’s restaurant would proclaim how many customers had been served by the chain. As they became adults, the number kept on climbing: 5bn in 1969; 30bn in 1979; 80bn in 1990. Jerry Seinfeld, a wry chronicler of the trivial, […]
Computer Fraud Laws are Flawed, this Lawyer is Fighting Against Them
By: futurism March 16, 2017 Tor Ekeland, hacker lawyer, fights back against the harsh punishments decreed using the Computer Fraud and Abuse Act. And one of those fights can be seen in “Trust Machine,” available now at Breaker.io. Read Full Article
Tim Berners-Lee on 30 years of the world wide web: ‘We can get the web we want’
By: Alex Hern March 12, 2019 Thirty years ago, Tim Berners-Lee, then a fellow at the physics research laboratory Cern on the French-Swiss border, sent his boss a document labelled Information Management: A Proposal. The memo suggested a system with which physicists at the centre could share “general information about accelerators and experiments”. “Many of […]
Why Many Americans Are Drawn To The Gig Economy
By: NPR March 11, 2019 David Greene talks to sociologist Alexandrea Ravenelle about her book Hustle and Gig: Struggling and Surviving in the Sharing Economy, which examines how companies treat their front-line workers. Listen to full Podcast