Tuesday, April 29, 2014
Technology and the Future of Jobs
Quite a stir occurred with the academic presentation, How Technology Is Destroying Jobs, by Brynjolfsson,
a professor at the MIT Sloan School of Management, and his collaborator and coauthor Andrew McAfee. Both "have been arguing
for the last year and a half that impressive advances in computer technology—from improved industrial robotics to automated
translation services—are largely behind the sluggish employment growth of the last 10 to 15 years. Even more ominous
for workers, the MIT academics foresee dismal prospects for many types of jobs as these powerful new technologies are increasingly
adopted not only in manufacturing, clerical, and retail work but in professions such as law, financial services, education,
and medicine."
6:14 am edt
Tuesday, April 1, 2014
Underground Commerce is the Real Economy
As the deadline for filing yearly income taxes is rapidly approaching, businesses especially hard pressed to make a profit
in a depressed economy struggle with their tax compliance. Reporting legitimate deductions and costs is the easy part. When
you are losing money, disclosing a diminished income stream based upon lower margins, is not a difficult decision. Nevertheless,
small enterprises burdened with government regulation costs and tax obligations, often are unable to conduct business and
retain a net return. Self-proprietorships frequently are so scared that many look to the cash underground economy to hide
income earnings. Read the entire article
7:20 am edt
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