Empowering the many to be productive with technology is way more important than automating everything. Kudos to companies like Microsoft for leading the charge.
How we apply technologies, where benefits accrue and who is impacted by impacted will be crucial questions for the next few decades of society.
The concept of economic dignity which has been getting a bit of airtime in the past few days makes a lot of sense to me. The Atlantic covers it with a suitably clickbait title: "Economics if Broken". The term comes from Gene Sperling, former economic advisor to Presidents Bill Clinton and Barack Obama and is … Continue reading Economic Dignity
I have a lot of respect for Warren Buffet, Charlie Munger and others who've made fortunes but then also share their observations with the world. Some of the perspectives are genuinely enlightening (and not just for people who want to "get rich") - take Charlie Munger's 1995 piece on misjudgment for example. That makes it … Continue reading Willful Misjudgment: Charlie Munger and Inequality