Group items tagged

"documents the downward trend in the labor share of income since the early 1990s, as well as its heterogeneous evolution across countries, industries, and workers of different skill groups, using newly assembled data for a large sample of advanced and emerging market and developing economies. The chapter then analyzes the forces behind these trends. Technological progress, reflected in the steep decline in the relative price of investment goods, along with varying exposure to routine-based occupations, explains about half the overall decline in advanced economies, with a larger negative impact on the earnings of middle-skilled workers. "

Title: AI May Soon Replace Even the Most Elite Consultants Excerpt: Amazon's Alexa just got a new job. In addition to her other 15,000 skills like playing music and telling knock-knock jokes, she can now also answer economic questions for clients of…

Collaboration can seem inefficient, risky, low value, political even.... It is a skill that needs to be practiced and is worth it. (Just don't apply collaboration to EVERY situation)

Some broad tips are given