In this blogpost, in addition to discussing the paperless office question I will share some information regarding inflation, techknowledgy¹ and the continuing value of investment diversification. But, first a brief update for our asset management clients follows below: Midway through the 4th quarter of 2015 our investment clients are all experiencing positive growth. The client with the highest return so far this… Read more →
Tag: Automation
Automation: More of the Story.
Please forgive me for “harping” on this, but I think it is important in order to understand some aspects of today’s economic situation. ZDNet just published a good piece on the effects of automation. Automation in the 21st century could (at least partially) explain why inflation continues to be lower than “normal”, why your pay increases have been less than you expected, why… Read more →
A book report and some thoughts concerning employment and inflation.
Following below are several brief excerpts from the book, The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies, by Erik Brynjolfsson and Andrew McAfee, professors at the MIT Sloan School of Management. In this book the professors discuss some of the significant benefits and challenges associated with the advent of artificial intelligence. I will insert… Read more →