Tag Archive
Welcome, Job-Destroying Robots
Let me first emphasize that I’m not talking about the deeper question of superintelligence and what happens when robots can do anything a human can do. This is about the (relatively) more immediate question: What happens when robots can perform any unskilled labor much more cheaply than humans? My answer is that we’ll need a good social safety... »
Finding the Market Bottom
Given the tumultuous state of the global economy, a lot of people are naturally wondering whether the worst is over. A quick scan of recent headlines shows that plenty are weighing in on the question. Morgan Stanley is boldly claiming, "Bear Market Is Not Over: Selling Today." James Paulsen, chief investment strategist... »