http://www.allaboutlean.com/industry-... The first industrial revolution was the Industrial Revolution between 1760 and 1820, which brought us steam p http://www.allaboutlean.com/industry-... The first industrial revolution was the Industrial Revolution between 1760 and 1820, which brought us steam power and mechanization through spinning mills. The second industrial revolution was mass production, starting around 1870, but best known through the assembly lines of Henry Ford 1913. The third industrial revolution was the introduction of computers and automation in manufacturing from 1950 onward. We are right now at the beginning of the fourth industrial revolution: cyber-physical systems (a.k.a. closely related Internet of Things (IoT)...more
The author, Andy Stern, is the rare person of a labor organizing background who agrees with the business types who proclaim unions will be a dead concThe author, Andy Stern, is the rare person of a labor organizing background who agrees with the business types who proclaim unions will be a dead concept in the future. After losing faith in the ability of unions, which represent only 11% of American workers today, to effect economic change, Stern set out to study the impact of globalization and technology. His conclusion: we can't fight the machines.
In this book Stern articulates a persuasive story about a rapidly emerging economic order in which automation and ever smarter artificial intelligence will make even cheap foreign labor obsolete and give rise to a society that will be highly productive--except at creating new jobs. Today's persistently stagnant wages and rageful political populism are early signs of the trouble this could generate.
Stern's solution is to give Americans a universal basic income (UBI), a form of social security in which all citizens regularly receive an unconditional sum of money from the government. He says it is the only way to provide "a dignified way to transition people" to the future economy, and that it could help jobless millennials cope with lackluster prospect and spend more time on creative leisure activities. the idea of UBI stretches back to the 18th century. While the Swiss recently voted down a proposal to implement it, Canada and Finland are experimenting and the idea is gaining traction in U.S. policy circles....more
5/14/2015 PageADay Book Lover's Calendar: In the late 1500s, a public executioner in Nuremberg, Germany, began keeping a journal. During his 45 years i5/14/2015 PageADay Book Lover's Calendar: In the late 1500s, a public executioner in Nuremberg, Germany, began keeping a journal. During his 45 years in the profession, he executed 394 people and tortured hundreds more. Historian Joel F. Harrington uses the diaries as a way to explore Frantz Schmidt's life, revealing aspects of his medical practice, his marriage, and his growing sense that his day job did not line up with his religious beliefs. This unusual biography is also a portrait of Europe in the period when it still had one foot in the Dark Ages. THE FAITHFUL EXECUTIONER: LIFE AND DEATH, HONOR AND SHAME IN THE TURBULENT SIXTEENTH CENTURY, by Joel F. Harrington (Farrar, Straus and Giroux, 2013) ...more