What’s Going on in the Workforce
Why is labor’s share of American income falling? Economist Timothy Taylor breaks it down. With charts! The New America Foundation just released a study showing that policies that make up the “low wage social contract” are not overcoming the impact of low pay on America’s service sector. The first step toward fixing it? A higher minimum wage, and more progressive taxation.
Want to develop some understanding of why companies want to move to a more flexible work arrangement? Here’s a good piece by Roger Martin.
No LinkedIn for blue collar workers? WorkHands wants to work with union halls to maximize hiring. Another new platform, Zipments, wants to make it easier for couriers to maximize the work of same-day delivery. (Does it come with that cool green t-shirt?)
How is technology changing education? Joel Klein has some ideas And on the higher-ed side, Google’s getting into the MOOC game. But not to worry, the Chronicle of Higher Ed assures us that companies don’t want to hire people who have online-only degrees. What makes that assertion confusing is that Wharton is putting their first year MBA curriculum online. My guess is that they’re not worried about getting grads placed.
On the health care side, did you know that Kaiser Permanente has a fake hospital set up to allow healthcare workers to use/test new tech in a realistic setting?
Economic Sharing & Solidarity
Are you a handy person? Think about starting up a repair cafe in your neighborhood, so people can get stuff fixed, instead of throwing it out & buying something new: Or how about starting a cooperative bank? (I think they might be called credit unions, but w/e). The Transition Network just released this report on the transformative potential of re-localizing our economies through inter-locking & mutually-reinforcing businesses. Another slightly older (but still worthwhile) report on the success of interconnectedness of the collaborative economy was produced last year by the Peer to Peer Foundation. Finally, the trade association for co-ops in the UK just put out a report showing that the co-op economy has outperformed GDP growth in the UK for the fourth consecutive year.
Will Byrne argues that it’s time for social do-gooders to link up their collective purchasing power, and move corporate America through the power of the purse. Some people are already trying to adopt a better food distribution model, by breaking the May-October farmers’ market cycle in favor of year-long distribution of locally sourced foods.
Folks in the co-op crowd, here’s an interesting discussion about how to take lessons learned from the open source movement and apply them to other parts of the sharing economy.
The Singularity Approaches
A carpenter in South Africa has made his 3-D printable robot hands an open source design, in order to make sure it’s accessible to amputees regardless of their ability to pay. China may be the first country to legalize package delivery by drone. Worried about your pacemaker being hacked? Researchers at Rice are figuring out how to encrypt them, so that can’t happen. Meanwhile, maybe you should practice being the kind of person no one wants to murder in a completely diabolical way…
If you’re not worried, you’re not paying attention. A new report from Oxford shows that nearly half of American jobs will be automated in the next 20 years. After all, who’s going to need an optometrist when your smartphone will be able to write you a scrip for glasses? On the flip side, a new report from the IT Innovation Fund argues that there isn’t anything to see here–no jobs will be harmed by the production of new technology. Apparently, they haven’t been hanging out on this subreddit much.
It seems like much of our online stock trading economy is now happening too fast for humans to react to in time to do anything about it. Hi robot overlords. We love you! Please don’t destroy our 401Ks.
Are you ready for furniture printed out of salt? Does it come with ketchup?
Today’s picture (and subject line) come from this amazing article documenting the fight the American Federation of Musicians waged against recorded music in the movies, after The Jazz Singer came out. I’m pro-serendading robots, for the record. But pro-serenading humans, too.