Andrew McAfee :: Interview (17:52)
by Roosevelt Institute
(h/t Clonal in the comments)
Andrew McAfee is Principal Research Scientist at MIT’s Center for Digital Business, which is part of the Sloan School of Management. His research, writing and teaching focuses on technology’s impact on the world of business.
"Race Against the Machine," co-written with Erik Brynjolfsson, focuses on the impact of advanced digital technologies in areas like employment, wages, and skills. It makes the point that the median US worker is being left behind by cutting-edge technologies.
Andrew McAfee :: Lecture (1:14:15)
by Roosevelt Institute
7 comments:
Somebody introduce him to MMT, the JG/BIG -- The Roosevelt Institute may not be the place where he learns about it - since they started censoring post-keynsian thought (including MMT)
Link on my comment about Roosevelt Institute and MMT - New Deal 2.0 website/foundation Being turned to serve the salary aspirations of the mini-me greedheads in academia
To me this talk and interview highlights my personal reasons for pushing not just the MMT JG, but rather Peter Cooper's JG/BIG. In my view we do not have much time to salvage the situation.
That whole place just shut down to me when Lynn P and Marshall A left...
One thing Ive been thinking lately is that we need to lower the retirement age and shorten the work week.
Resp,
So here we are again, cars that can drive alone, and we are talking about running out of money. This is retarded beyond redemption, so much wealth, knowledge and productivity and "we have run out of money"!
Idiotic and frustrating. In 15 years 5% of the population will be able to manufacture anything humanity needs, just like 1-2% of the population will be able to produce all the food and more than it's needed.
We have 90-93% of the population left with anything else than service, this means a lot of lawyers fooling people, bankers running ponzi schemes, real estate agents trying to sell you McMansions, insurance companies which don't insure and related absurdities all to pay unnecessary debt. We can't keep building the economy around FIRE sector and additional burocracy.
Share the productivity and wealth, reduce unnecessary work load while reducing debt burdens and financial costs (extraction of wealth from productive people), let people enjoy life and all this unlimited wealth.
And the best thing: expect great things in return, even for free (mostly for free!) when people unleashes creativity not having to work in stupid works thousands of hours a year for a living. Knowledge will sky-rocket as well as productivity.
THIS ALL HAS BEEN PROVEN EMPIRICALLY (that knowledge and creativity will unleash when people can do things for fun, coordinate between them, share ideas, etc.). Why ruin all this because of money? I don't get it!
Check this video for more info about motivation and creativity Drive: The surprising truth about what motivates us
Think about the possibilities, are endless.
Matt:"One thing Ive been thinking lately is that we need to lower the retirement age and shorten the work week."
No brainer. Where did the 8 hr work week, weekends off, frequent holidays, workers protections and benefits come from? Not owners, but workers with bargain power.
That extra leisure created demand that would not have been their otherwise that drove entire industries and the whole economy as workers needed "stuff" for their leisure time, you know, like cars.
The economic point of increased productivity is increased opportunity for leisure and a higher standard of living. That increased opportunity and higher standard of living is being distributed to the top instead of shared. This is creating an economic, political and social drag on the nation.
Shared prosperity is good for everyone. No brainer, except for the me-first people at the top.
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