The robot economy and the new rentier class | FT Alphaville - 0 views
'We live in a culture of real virtuality' - 0 views
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The famous sociologist Manuel Castells in an interview by Paul Mason (BBC): "With Facebook and with all these social networks what happened is that we live constantly networked. We live in a culture of not virtual reality, but real virtuality because our virtuality, meaning the internet networks, the images are a fundamental part of our reality. We cannot live outside this construction of ourselves in the networks of communication." Ever wondered why people try to redefine themselves by nationalism, regionalism, membership of small subcultures, even though the world is globalizing fast? I think Castells has some anwers on that too: "The more we are connected to everything and everybody and every activity, the more we need to know who we are. Unless I know who I am, I don't know where I am in the world, because then I am a consumer, I am taken by the market, I am taken by the media. "And therefore people decide that they are going to be different. But to do that, they have to identify themselves as individuals, as collectives, as nations, as genders, all these categories that sociologists have already constructed time ago." Castells explains how people in this crisis engage in co-operative or non-profit work. It's a kind of 'non-capitalism'. Putting now on my list: his new book Aftermath.
Richard Greenwald: Contingent, Transient and at Risk: Modern Workers in a Gig Economy - 0 views
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America is transforming before our eyes, and with our focus on the short-term economic crisis, we are blind to what might very well be the most fundamental economic shift of the past 50 years: the nine-to-five, 40-hour-week job with benefits and some security is fast going the way of the compact disc.
The Crisis in Higher Education - Technology Review - 0 views
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"While MOOCs are incorporating adaptive learning routines into their software, their ambitions for data mining go well beyond tutoring. Thrun says that we've only seen "the tip of the iceberg." What particularly excites him and other computer scientists about free online classes is that thanks to their unprecedented scale, they can generate the immense quantities of data required for effective machine learning. "
Uneconomics: a challenge to the power of the economics profession | openDemocracy - 0 views
"Limited Evidence of Skills Mismatch" - 0 views
With the robots, markets are back to 1930 | Linkiesta.it - 0 views
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A new generation of tools has been improved over the last five years, changing the entire financial world, thanks to the unprecedented levels reached by technology - impossible to conceive some years ago. Velocity, liquidity, price efficiency and systemic risks: the HFT (High-Frequency Trading) era has started.
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