By Harry J. Holzer – Automation eliminates the number of workers needed per unit of good or service produced. By reducing unit costs it raises productivity and, in a competitive market, product prices should decline. All else equal, this will raise consumer demand for the good or service in question.
Whether or not this rise in product demand is sufficiently large to raise overall employment for the product depends on whether the fall in workers needed per unit of production is proportionately lesser or greater than the rise in the numbers of units demanded; if lesser, than product demand will rise.
Labor economists believe that workers mostly pay for general skill development (often in the form of lower wages, when the training occurs on the job), while employers are willing to share more in the costs of developing worker skills more specific to their needs.6 A shift away from specific towards more general skill training will thus involve a shift of the costs of training away from employers towards workers (or the public), and less sharing of any risks involved in whether the market rewards those skills over time.
Some workers whose tasks can mostly be performed by machines will be displaced, while demand is enhanced for others who can work along with the new machines—perhaps as technicians or engineers but also in a range of newer tasks that the machines cannot perform, including more complex analysis or social interactions with customers and coworkers. more> https://goo.gl/pveH2W
Posted in Book review, Broadband, Business, Economic development, Economy, Education, Technology
Tagged Automation, Jobs, Productivity, robots, Training, Unemployment
The New Leader’s 100-Day Action Plan, Author: George Bradt.
By George Bradt – Real strengths are made up of talent, knowledge and skills. It’s not enough to study a subject. Expertise is born of practice.
Real strengths enable people to do what they need to do. Pretend strengths may be intriguing at first, but end up disappointing.
Too many people think they should be able to sell because they’ve worked with salespeople before, either as buyers themselves, providing support to sales, or making products or services that others sell. They can’t sell. Selling requires talent, knowledge and skills born of practice.
Too many people think they can teach because they’ve been students.
Frontier Communications bought AT&T’s wire line services in Connecticut. They were excited because the transaction was going to: “be accretive” and “improve Frontier’s dividend payout” while customers “will have the same products and services that they currently enjoy”. (From their press release.)
Wasn’t true. The day of the transfer, my voicemail service got “disabled”. And it stayed disabled for 11 days. Each of the four times I called Frontier I was informed that they would “open a ticket”. I didn’t want a ticket. I wanted voicemail.
Frontier’s not a real phone company. It just plays one on TV. more> https://goo.gl/pH2m1L
Posted in Book review, Business, Economic development, Education, How to, Leadership, telecom
Tagged Business improvement, Jobs, Leadership, Productivity, Skills
Having Fun with Every Frame
By Dustin Driver – Emanuele Colombo grew up in the heart of Alps, in his own words, “spending time building spaceships with Legos and dreaming of becoming a paleontologist.” But he eventually left his dreams of dinosaur digging behind and instead focused on digital storytelling.
After graduation, he landed a gig with a creative agency in Milan. He honed his skills and fine-tuned his sense of aesthetics, motion, and timing. “I’ve always been interested in creativity in all its forms, from music to photography to videos,” he says. “That has helped me develop a good aesthetic sense and grow my creativity, and gain some technical experience.”
He left the agency behind and began teaching himself how to animate using a combination of Adobe Illustrator and After Effects. He learned from Adobe tutorials and how-tos he found on YouTube, and he read every article about animation that he could get his hands on. He worked on personal projects—short videos and looping GIFs that he shared on his Vimeo page—to develop his skills. Some of them became viral hits, and soon he was getting job offers from around the world.
Today, Colombo works for big brands like MTV, Google, IBM, Yahoo, Airbnb, American Express, ESPN, and Saatchi & Saatchi. more> https://goo.gl/Z63cZy
By Walter Vannini – Coding isn’t the only job that demands intense focus.
But you’d never hear someone say that brain surgery is ‘fun’, or that structural engineering is ‘easy’. When it comes to programming, why do policymakers and technologists pretend otherwise?
For one, it helps lure people to the field at a time when software (in the words of the venture capitalist Marc Andreessen) is ‘eating the world’ – and so, by expanding the labor pool, keeps industry ticking over and wages under control. Another reason is that the very word ‘coding’ sounds routine and repetitive, as though there’s some sort of key that developers apply by rote to crack any given problem.
It doesn’t help that Hollywood has cast the ‘coder’ as a socially challenged, type-first-think-later hacker, inevitably white and male, with the power to thwart the Nazis or penetrate the CIA. more> https://goo.gl/kfU3QD
Posted in Broadband, Economic development, Economy, Education, Media, Net, Technology
Tagged Broadband, Business improvement, Internet, Jobs, Productivity, Software, United States