The AI revolution is upon us. The U.S. is unfortunately poised to make some very serious mistakes that may forever disadvantage humanity. Here is what we need to do instead — and soon.
Tag: Wall Street
Coming Soon? Brace for 80% Less Salary or $2-a-Day Pay
She's the world's wealthiest woman you've never heard of and she's saying something you probably wish you hadn't: "Gina Rinehart, world's richest woman, makes case for $2-a-day pay",the Los Angeles Times reports. The Australian mining heiress has a problem. The cost of running a mining operation in Australia cannot compete with Africans willing to work …
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The Bubble Economy and the Rationality of Irrationality: Recapitalizing Virtue
For all the talk of Wall Street reform and consumer protections the problem of predatory lending has not been eliminated. Subprime lending continues in the auto financing industry and elsewhere, and unlike conservatives' criticism of the housing market there are no federal subsidies to finger. Policymakers have, indeed, caused the problem but for reasons other …
Continue reading The Bubble Economy and the Rationality of Irrationality: Recapitalizing Virtue