The Vanishing Middle Class: Prejudice and Power in a Dual Economy, Author: Peter Temin.
By Lynn Parramore – America is not one country anymore. It is becoming two, each with vastly different resources, expectations, and fates.
In one of these countries live members of what Temin calls the “FTE sector” (named for finance, technology, and electronics, the industries which largely support its growth). These are the 20 percent of Americans who enjoy college educations, have good jobs, and sleep soundly knowing that they have not only enough money to meet life’s challenges, but also social networks to bolster their success. They grow up with parents who read books to them, tutors to help with homework, and plenty of stimulating things to do and places to go. They travel in planes and drive new cars. The citizens of this country see economic growth all around them and exciting possibilities for the future.
They make plans, influence policies, and count themselves as lucky to be Americans.
The FTE citizens rarely visit the country where the other 80 percent of Americans live: the low-wage sector. Here, the world of possibility is shrinking, often dramatically. People are burdened with debt and anxious about their insecure jobs if they have a job at all. Many of them are getting sicker and dying younger than they used to. They get around by crumbling public transport and cars they have trouble paying for. Family life is uncertain here; people often don’t partner for the long-term even when they have children. If they go to college, they finance it by going heavily into debt.
They are not thinking about the future; they are focused on surviving the present. The world in which they reside is very different from the one they were taught to believe in. more> https://goo.gl/LKhYy6
Posted in Banking, Book review, Business, CONGRESS WATCH, Economy, Education, Healthcare, Leadership
Tagged Capital, Debt, Government, Health, Jobs, Leadership, Space, United States
School’s In: GE’s New “Brilliant Learning” Program Will Train Workers For Jobs Of The Future
By Tomas Kellner – Jesse Schrimpf didn’t study additive manufacturing in school. But when a 3D printer showed up at his plant in Waukesha, Wisconsin, the GE Healthcare engineer decided to give the machine a whirl.
Normally, Schrimpf would design a new master mold, order a wooden mold prototype costing as much as $20,000 from a supplier and wait as long as four weeks for the delivery. He would test it, make tweaks and repeat the process. The costs quickly added up.
But with the 3D printer at his disposal, he could print a mold that performed better than the wooden kind in just two days on-site and for $1,000. The printer, which creates 3D objects directly from a computer file, enabled him to incorporate changes into the next design version with his keyboard and a mouse.
Schrimpf is in many ways the poster child for GE’s new “brilliant learning” program the company is launching for employees around the world this week. It includes “massive open online courses” in several languages, workshops, “immersion boot camps on lean manufacturing” and other training designed to help employees get ready for the arrival in the factory of 3D printing, big data, robotics, digital and lean manufacturing and other advanced technologies.
GE is launching “brilliant learning” to change things. The model feeds into the company’s idea of the Brilliant Factory, a plant that uses big data, software sensors, new manufacturing methods and robotics to increase productivity. GE businesses are busy rolling out the concept at 17 sites in Japan, India, Italy, Mexico and also the U.S, and more are in the pipeline. more> https://goo.gl/1jmbjf
Posted in Broadband, Economic development, Economy, Education, Healthcare, Leadership, Product, Science, Technology
Tagged 3D printing, Broadband, Business improvement, GE, Industrial economy, Internet, Manufacturing
New Projects Create a Foundation for Next-Gen Flexible Electronics
By Josh Brown – Four projects set to move forward at the Georgia Institute of Technology aim to lay the groundwork for manufacturing next-generation flexible electronics, which have the potential to make an impact on industries ranging from health care to defense.
Researchers at Georgia Tech are partnering with Boeing, Hewlett Packard Enterprises, General Electric, and DuPont as well other research institutions such as Binghamton University and Stanford University on the projects.
Flexible electronics are circuits and systems that can be bent, folded, stretched or conformed without losing their functionality. The systems are often created using machines that can print components such as logic, memory, sensors, batteries, antennas, and various passives using conductive ink on flexible surfaces. Combined with low-cost manufacturing processes, flexible hybrid electronics unlock new product possibilities for a wide range of electronics used in the health care, consumer products, automotive, aerospace, energy and defense sectors.
“Flexible electronics will make possible new products that will help us address problems associated with food supply, clean water, clean energy, health, infrastructure, and safety and security,” said Suresh Sitaraman, a professor in the George W. Woodruff School of Mechanical Engineering, who is leading Georgia Tech’s flexible electronics activities. more> https://goo.gl/qjx3UT
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Posted in Broadband, Business, Communication industry, Economic development, Economy, Education, Energy & emissions, Healthcare, Nature, Product, Science, Technology, Transportation
Tagged Broadband, Business improvement, Climate change, Ecology, Georgia Tech, Health, Internet, Manufacturing, Technology