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Bill Fulkerson

Why a 400-Year Program of Modernist Thinking is Exploding | naked capitalism - 0 views

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    " Fearless commentary on finance, economics, politics and power Follow yvessmith on Twitter Feedburner RSS Feed RSS Feed for Comments Subscribe via Email SUBSCRIBE Recent Items Links 3/11/17 - 03/11/2017 - Yves Smith Deutsche Bank Tries to Stay Alive - 03/11/2017 - Yves Smith John Helmer: Australian Government Trips Up Ukrainian Court Claim of MH17 as Terrorism - 03/11/2017 - Yves Smith 2:00PM Water Cooler 3/10/2017 - 03/10/2017 - Lambert Strether Why a 400-Year Program of Modernist Thinking is Exploding - 03/10/2017 - Yves Smith Links 3/10/17 - 03/10/2017 - Yves Smith Why It Will Take a Lot More Than a Smartphone to Get the Sharing Economy Started - 03/10/2017 - Yves Smith CalPERS' General Counsel Railroads Board on Fiduciary Counsel Selection - 03/10/2017 - Yves Smith Another Somalian Famine - 03/10/2017 - Yves Smith Trade now with TradeStation - Highest rated for frequent traders Why a 400-Year Program of Modernist Thinking is Exploding Posted on March 10, 2017 by Yves Smith By Lynn Parramore, Senior Research Analyst at the Institute for New Economic Thinking. Originally published at the Institute for New Economic Thinking website Across the globe, a collective freak-out spanning the whole political system is picking up steam with every new "surprise" election, rush of tormented souls across borders, and tweet from the star of America's great unreality show, Donald Trump. But what exactly is the force that seems to be pushing us towards Armageddon? Is it capitalism gone wild? Globalization? Political corruption? Techno-nightmares? Rajani Kanth, a political economist, social thinker, and poet, goes beyond any of these explanations for the answer. In his view, what's throwing most of us off kilter - whether we think of ourselves as on the left or right, capitalist or socialist -was birthed 400 years ago during the period of the Enlightenment. It's a set of assumptions, a particular way of looking at the world that pushed out previous modes o
Bill Fulkerson

Millennials and Gen Z are spreading coronavirus-but not because of parties and bars - 0 views

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    Younger generations are blamed for the pandemic's spread, but also face the brunt of the transmission risk that comes with keeping the economy going. 6 MINUTE READ BY REBECCA RENNER PUBLISHED SEPTEMBER 17, 2020 WHEN PARAMEDICS RUSHED the pregnant Honduran woman into the emergency room, 28-year-old Chuan-Jay Jeffrey Chen stood ready to receive her. It was April, and the pandemic had already taken over his final year as an emergency medicine resident. Of all the coronavirus patients surging into Massachusetts General Hospital in Boston, this 32-year-old patient remains Chen's most memorable. The woman was so short of breath she could barely speak, so Chen would need to intubate her-a tricky procedure that requires precision as well as speed. Every moment without oxygen causes a patient's chances of survival to decline; pregnancy further complicates the scenario by making airways swollen, causing blood pressure to drop more quickly. As Chen set to work and talked her through the steps in Spanish, he also tried to calm his own nerves. "I knew I had very little margin for error," says Chen. The woman's husband had been barred from entering the building because of coronavirus restrictionsgen-z
Bill Fulkerson

Responsible Investment needs a bigger toolbox - Preventable Surprises - 0 views

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    A survey of ESG influencers shows the elusive side of investor responsibility. What to do? When the Covid-19 crisis exploded in winter 2020, we spelled out four different scenarios for ESG in times of pandemic.
Steve Bosserman

AI, automation, and the future of work: Ten things to solve for - 0 views

  • Automation and artificial intelligence (AI) are transforming businesses and will contribute to economic growth via contributions to productivity. They will also help address “moonshot” societal challenges in areas from health to climate change.
  • At the same time, these technologies will transform the nature of work and the workplace itself. Machines will be able to carry out more of the tasks done by humans, complement the work that humans do, and even perform some tasks that go beyond what humans can do. As a result, some occupations will decline, others will grow, and many more will change.
  • While we believe there will be enough work to go around (barring extreme scenarios), society will need to grapple with significant workforce transitions and dislocation. Workers will need to acquire new skills and adapt to the increasingly capable machines alongside them in the workplace. They may have to move from declining occupations to growing and, in some cases, new occupations.
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  • This executive briefing, which draws on the latest research from the McKinsey Global Institute, examines both the promise and the challenge of automation and AI in the workplace and outlines some of the critical issues that policy makers, companies, and individuals will need to solve for.
Steve Bosserman

Every future we think of follows one of four narratives - 0 views

  • Journalists can’t see the future, but they are able to peer through the lens of history to better understand the present. It’s a founding principle of Retro Report, the co-producer of this series. The future may be starkly different than the present, but it’ll be easier to understand once you uncover its deep continuity with the past. The social and technical transformations we’re currently living through are profound, but this isn’t the first time rapid, singular change has occurred. Before computer networks disrupted our communications, networks of steel rails and grids of artificial light upended our very concepts of space and time, day and night. Subtract trains and light bulbs from a modern city, and how much of it is even left?
  • The future has a history. And the stories we tell about incoming change—the stories we’ve always told about such changes—fall into consistent patterns. Dator gained some of his stature in future studies with his famous observation that predictions about the future—whether they’re coming from a corporate spreadsheet, a church pulpit or Hollywood—all boil down to roughly four scenarios. Growth that keeps going. Transformation upending the past. Collapse of the present order. And  discipline imposed, in some cases, to hold such collapse at bay.
  • “Most people, through their education, and through their acculturation, are locked into a single view of the future. They have never been encouraged to think about these alternatives, or forced to think about them,” Dator says.
Steve Bosserman

What Will Work Look Like in 2030? - 0 views

  • Megatrends such as digitization, the rise of automation, and shifting demographics are disrupting the way we work, and the way companies relate to workers.
  • We at PwC have spent some time envisioning four alternative future worlds of work, each named with a color. These admittedly extreme examples of how work could look in 2030 are shaped by the ways people and organizations respond to the forces of collectivism and individualism, on one axis, and integration and fragmentation on the other. These scenarios can help organizations think through possibilities and how they will prepare to meet them. One prospect is that the world could move away from big company capitalism as technology enables small businesses and niche marketers to become more powerful. Or collectivism could take priority, as societies and companies work together through a sense of shared responsibility. Will “me first” prevail, or will societies come together for the greater good? Will digital technology mark the end for large companies, or will it enable large companies to slash their internal and external costs and become more powerful?
Bill Fulkerson

Climate change could dramatically reduce U.S. snowstorms - 0 views

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    Under an unabated greenhouse gas emissions scenario, the study projects 28% fewer snowstorms on average per year over central and eastern portions of North America by the century's last decade, with one-third the amount of snow or frozen precipitation and a 38% loss in average snowstorm size.
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