Attention Economy


Monday, February 27, 2017

Taxes on Robots?

The Economist – Why taxing robots is not a good idea

A new debate emerges:

FT’s excellent piece - Robot tax: Do androids dream of personal deductions?
“Bill Gates, the world’s richest person, suggested that a fiscal rethink may soon be necessary. If the latest wave of automation causes large numbers of job losses, the Microsoft co-founder said, then taxing the robots and using the money to retrain the humans may be one way to deal with the upheaval ahead…But to deliberately delay technologies that could bring sweeping benefits is guaranteed to stir unease — not least among the engineers and entrepreneurs working in the fields of robotics and AI.”

Sunday, February 26, 2017

Technology and the Apotheosis of Stupidity

The Unmaking of Europe by Roger Cohen
https://www.nytimes.com/2017/02/24/opinion/the-unmaking-of-europe.html

Why a Trade War Would Hurt America More

China’s Weapons of Trade War

How Imports Boost Employment
https://www.project-syndicate.org/commentary/us-manufacturing-employment-imports-by-anne-krueger-2017-02

Related:
Trade Agreements and the US Economy
An interesting piece from Harvard economist Larry Summers:
http://larrysummers.com/2017/02/06/revoking-trade-deals-will-not-help-american-middle-classes/

Billionaires with Crackpot Agendas

A scary and dangerous development
https://www.theguardian.com/technology/2016/dec/04/google-democracy-truth-internet-search-facebook

Reasoning Skills of Humans [MUST READ]

Why humans possess limited reasoning skills
“Stripped of a lot of what might be called cognitive-science-ese, Mercier and Sperber’s argument runs, more or less, as follows: Humans’ biggest advantage over other species is our ability to coƶperate. Coƶperation is difficult to establish and almost as difficult to sustain. For any individual, freeloading is always the best course of action. Reason developed not to enable us to solve abstract, logical problems or even to help us draw conclusions from unfamiliar data; rather, it developed to resolve the problems posed by living in collaborative groups.
"Reason is an adaptation to the hypersocial niche humans have evolved for themselves,” Mercier and Sperber write. Habits of mind that seem weird or goofy or just plain dumb from an “intellectualist” point of view prove shrewd when seen from a social “interactionist” perspective.”