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Inequality Isn’t Just Due to Market Forces — It’s Caused by Decisions the Boss Makes, Too

Harvard Business

In it, the authors, both sociologists, made a compelling argument that, to understand labor market outcomes like inequality, it wasn’t enough to look at the supply and demand for individuals’ skills. However, any discussion of firms and wage inequality must not be limited to discussion of market forces. Related Video.

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How Companies Are Already Using AI

Harvard Business

Even the near-term outlook has been quite negative: A 2016 report by the Organization for Economic Cooperation and Development (OECD) said 9% of jobs in the 21 countries that make up its membership could be automated. Related Video. Four years ago, an Oxford University study predicted 47% of jobs could be automated by 2033.

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29 Page Memo Proves Greek Parliament is Puppet Government Run by Germany; Devil Details and EU Guarantees

MishTalk

The memo covers damn near every aspect of Greek finances, effectively making the Greek parliament a puppet government of Germany. per cent in 2016. Bailout Won't Work The former Greek finance minister made a simply claim today that I endorse 100%: Bailout Won't Work. Link if video does not play: I'm Your Puppet.

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Mish's Global Economic Trend Analysis: IMF "Baseline Scenario.

MishTalk

Minyanville Business and Market News. Get Involved The State of the Unions Finances: A Citizens Guide. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. Projections 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018. 2016 is fantasy-land material as well. Big Picture.

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Mish's Global Economic Trend Analysis: FHA Swamped By Defaults.

MishTalk

Minyanville Business and Market News. Get Involved The State of the Unions Finances: A Citizens Guide. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. The dismal forecast has some bracing for another taxpayer-financed bailout. Abolish The Fed Sign the Petition. Big Picture.

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Credit Contraction Exceeds 6% in Spain, Highest Ever in Crisis

MishTalk

Minyanville Business and Market News. Get Involved The State of the Unions Finances: A Citizens Guide. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. And EU has extended the timeline for Spain to hit that goal from 2012 to 2013 to 2014 to 2015 and now to 2016. Big Picture.

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A Survey of 3,000 Executives Reveals How Businesses Succeed with AI

Harvard Business

Total investment (internal and external) in AI reached somewhere in the range of $26 billion to $39 billion in 2016, with external investment tripling since 2013. While investment in AI is heating up, corporate adoption of AI technologies is still lagging. Furthermore, early AI adopters are 3.5

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