The digital economy

Interesting article in The Economist about how innovation and technological progress transform the job demand, “Coming to an office near you“. It argues that innovation and progress lead to a deep transformation of the job market. People should move on and adapt themselves to the new world (which is not always so easy)

INNOVATION, the elixir of progress, has always cost people their jobs. In the Industrial Revolution artisan weavers were swept aside by the mechanical loom. Over the past 30 years the digital revolution has displaced many of the mid-skill jobs that underpinned 20th-century middle-class life. Typists, ticket agents, bank tellers and many production-line jobs have been dispensed with, just as the weavers were.

Even worse, this transformations bring inequalities that governments should fix and transform the education system seems to be the right thing to do (Of course, this a long term strategy).

Anger about rising inequality is bound to grow, but politicians will find it hard to address the problem. Shunning progress would be as futile now as the Luddites’ protests against mechanised looms were in the 1810s, because any country that tried to stop would be left behind by competitors eager to embrace new technolog. […] The main way in which governments can help their people through this dislocation is through education systems. One of the reasons for the improvement in workers’ fortunes in the latter part of the Industrial Revolution was because schools were built to educate them—a dramatic change at the time. Now those schools themselves need to be changed, to foster the creativity that humans will need to set them apart from computers. There should be less rote-learning and more critical thinking. Technology itself will help, whether through MOOCs (massive open online courses) or even video games that simulate the skills needed for work. […] Yet however well people are taught, their abilities will remain unequal, and in a world which is increasingly polarised economically, many will find their job prospects dimmed and wages squeezed. The best way of helping them is not, as many on the left seem to think, to push up minimum wages. Jacking up the floor too far would accelerate the shift from human workers to computers. Better to top up low wages with public money so that anyone who works has a reasonable income, through a bold expansion of the tax credits that countries such as America and Britain use.

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Tweets and Links [April 2013]

Technology in 1993 vs technology in 2003

1993 vs 2013. Source reddit

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Tweets&Links [Jan. 2013]

Neosocialismo from elespiritudeloscinicos.com
Via cinismoilustrado.com

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Tweets&Links [Sep. 2012]

Basic research Via lacienciaconhumor.blogspot.com.ar

El post de esta semana, dedicado a quienes creen que los elefantes pueden volar (y en nuestro sistema de I+D) http://www.thoughtineuskadi.com

Conflict history. Browse the timeline of war and conflict across the globe. http://conflicthistory.com/

En ningún lugar la telefonía móvil crece tanto como en África. Cómo está transformando el continente… http://edition.cnn.com/

Una teoría de la clase política española http://politica.elpais.com/ via @el_pais

Ken Robinson says schools kill creativity http://on.ted.com/f7jm #TED

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Tweets&Links del mes [Junio]

Daniel Kraft: Medicine’s future? There’s an app for that http://t.co/eyHedAs

University of Sydney Utilizing Virtual Reality and MRI to Study Parkinson’s http://t.co/bsU12ry

iCard ECG Turns Any iPhone/iPad Into a Powerful Electrocardiograph http://t.co/abgXASy via @Medgadget
Smartheart Lightweight Personal 12-Lead ECG Announced http://t.co/sKVnW9L (via: @Medgadget)

Headmouse: ratón virtual para discapacitados http://t.co/1lmzefK via @FayerWayer

eBay compra la plataforma de código abierto Magento http://t.co/KPwwSIz via @elmundoes

Parece que el nuevo Windows 8 es html5 y javascript..encantador excepto para los desarrolladores de windows http://t.co/7ls1MqH via @jsalvachua

“El capital riesgo en España… ni es capital, ni es riesgo” | @cotizalia @BernieHernie http://j.mp/mr77vx ← Alto y claro..

Post. 10 medidas para que en España haya mas Startups http://bit.ly/mMzGSR via @JesusEncinar
Even though larger firms have the potential to innovate, it is often the smaller ones that make more advances http://econ.st/k1yC6M via (@TheEconomist)

Brillante infografía sobre #YouTube: Cada minuto se suben 48 horas de vídeo http://bit.ly/l1lfjJ via @internetng

Comparativa de iTunes Match con Amazon Cloud Player, Google Music y Spotify http://t.co/GEor8R7 via @applesfera
Apple’s new iCloud is bound to prompt a response from rivals like Google and Amazon http://econ.st/lKnyxK via @TheEconomist

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South Korea innovation

The division of Korea into North Korea and South Korea stems from the 1945 Allied victory in World War II, ending Japan’s 35-year colonial rule of Korea. In a proposal opposed by nearly all Koreans, the United States and the Soviet Union agreed to temporarily occupy the country as a trusteeship with the zone of control demarcated along the 38th parallel. [Wikipedia]

South Koreans refer to this growth as the Miracle on the Han River. The South Korean economy is heavily dependent on international trade, and in 2009, South Korea was the eighth largest exporter and tenth largest importer in the world. [Wikipedia – The economy of South Korea]

new world powers innovation

Font: grant-thornton.sq1sch.co.uk

North Korea’s economy remains one of the world’s last centrally planned systems. The role of market allocation is sharply limited – mainly in the rural sector where peasants sell produce from small private plots. There are almost no small businesses. Although there have been scattered and limited attempts at decentralization, as of mid-1993, Pyongyang’s basic adherence to a rigid centrally planned economy continues, as does its reliance on fundamentally non-pecuniary incentives Wikipedia – Economy of North Korea
two koreas gdp

Font: wikipedia

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