Archive for the 'Outsourced' Category
Silicon Valley Billionaires Prepping for Collapse Caused by Machines Eliminating Jobs
January 23rd, 2017Mmm hmm. Via: Recode: One of the more peculiar hobbies popular among the Silicon Valley elite is an obsession with preparing to survive for end times; its adherents are commonly called “preppers.” It’s the topic of an essay in the New Yorker this week, “Survival of the Richest” by Evan Osnos, which delves into why […]
Tesla’s Second Generation Autopilot Could Reduce Crash Rate by 90%, Says CEO Elon Musk
January 21st, 2017Whatever you think about autonomous drive technologies, my point with posting these stories is not to be a cheerleader one way or another. I just want to be sure everyone knows that this stuff is real and it is coming. Millions of drivers will lose their jobs, and these are not minimum wage, burger flipping […]
Open Thread: Donald Trump Sworn in as 45th President of the United States
January 20th, 2017Via: AP: Pledging to empower America’s “forgotten men and women,” Donald Trump was sworn in as the 45th president of the United States Friday, taking command of a deeply divided nation and ushering in an unpredictable era in Washington. His victory gives Republicans control of the White House for the first time in eight years. […]
‘Side Hustle’ as a Sign of the Apocalypse
January 14th, 2017Definitely related: L.A. Coliving: PodShare Via: Medium: “These days, everyone needs a side hustle,” starts the Uber commercial recruiting new drivers. And it’s got bouncy music and the dude is hip and it makes it sound like this is super fun and I’m sitting there thinking: Are they seriously trying to make a “second job” […]
Mining 24 Hours a Day with Robots
January 4th, 2017Via: MIT Technology Review: Mining companies are rolling out autonomous trucks, drills, and trains, which will boost efficiency but also reduce the need for human employees. Each of these trucks is the size of a small two-story house. None has a driver or anyone else on board. Mining company Rio Tinto has 73 of these […]
IBM Watson Replaces Insurance Claim Workers at Japanese Insurance Company
January 4th, 2017Via: Quartz: Most of the attention around automation focuses on how factory robots and self-driving cars may fundamentally change our workforce, potentially eliminating millions of jobs. But AI that can handle knowledge-based, white-collar work are also becoming increasingly competent. One Japanese insurance company, Fukoku Mutual Life Insurance, is reportedly replacing 34 human insurance claim workers […]
Foxconn Plans to Replace Almost Every Human Worker with Robots
January 1st, 2017Just in case anyone out there thinks that this is somehow not real, or not going to happen, ASUS moved to 100% automation for video card production back in 2015. Via: The Verge: Foxconn, the Taiwanese manufacturing giant behind Apple’s iPhone and numerous other major electronics devices, aims to automate away a vast majority of […]
Growing Number of Americans Are Retiring Outside the U.S.
December 28th, 2016Via: AP: Newly widowed, Kay McCowen quit her job, sold her house, applied for Social Security and retired to Mexico. It was a move she and her husband, Mel, had discussed before he passed away in 2012. “I wanted to find a place where I could afford to live off my Social Security,” she said. […]
World’s Largest Hedge Fund to Replace Managers with Artificial Intelligence
December 22nd, 2016Via: Guardian: The world’s largest hedge fund is building a piece of software to automate the day-to-day management of the firm, including hiring, firing and other strategic decision-making. Bridgewater Associates has a team of software engineers working on the project at the request of billionaire founder Ray Dalio, who wants to ensure the company can […]
The Grim Truth of Chinese Factories Producing the West’s Christmas Toys
December 8th, 2016Via: Guardian: Xiao Fang thinks she’s one of the luckier workers making Barbie dolls for the Christmas market at the Mattel toy factory in Chang’an. True, she says, she works 11-hour days, six days a week, and shares a dormitory with nine other women and gets to see her husband only once a week. She […]
