Tech Jobs Of The Future

Via Business Insider:

Some people say new tech will destroy jobs. No doubt that's true, in part. We just don't need a lot of typewriter repair people today.

But new tech will also lead to new jobs, some of them incredible to ponder. Want to be a 3D body-part printer? Or an augmented reality architect? These are the job vacancies that will be open tomorrow.

Click the link to see more: Tech Jobs Of The Future - Business Insider
Prepare today for tomorrow’s jobs.

Affordability: Seattle’s Ace in Becoming the Next Tech Capital

Via Newgeography.com:

Silicon Valley has been well recognized as the nation’s hub of technology, having easily surpassed both Southern California and Massachusetts, but it’s now Seattle that may emerge as its greatest rival. Home to tech giants such as Microsoft and Amazon, Seattle has attracted creative and entrepreneurial talent, which has been the foundation to its low unemployment rate of 5.9% and continuous economic growth. Many former employees from Microsoft and Amazon have founded startups and small businesses in Seattle.

The primary reason for Seattle’s continuous expansion: the metro beats Silicon Valley in affordability on many different avenues.

Click the link to see more: Affordability: Seattle’s Ace in Becoming the Next Tech Capital | Newgeography.com
Points:
  • “Increasing wages in Silicon Valley have been matched with skyrocketing housing prices in the Bay area, which has become one of the most expensive places to live in the nation.”
  • “Seattle’s lower office rent and expanding office space development also have made Seattle become an appealing alternative to Silicon Valley.”
  • “Washington also has no income tax and offers a plethora of tax incentives to high tech companies.”
  • “Seattle could be highly appealing for tech companies and individual entrepreneurs simply because the cost of living is cheaper.”
  • “Washington also has the fourth lowest electricity prices in the nation, another major incentive for tech companies.”
  • “…unlike Silicon Valley, Seattle’s economy also rests on a healthy composition of many different established industries.”

Growth In The Internet Of Things

Via Business Insider:

The Internet Of Things represents a major departure in the history of the Internet, as connections move beyond computing devices, and begin to power billions of everyday devices, from parking meters to home thermostats. 

Estimates for Internet of Things or IoT market value are massive, since by definition the IoT will be a diffuse layer of devices, sensors, and computing power that overlays entire consumer, business-to-business, and government industries. The IoT will account for an increasingly huge number of connections: 1.9 billion devices today, and 9 billion by 2018. That year, it will be roughly equal to the number of smartphones, smart TVs, tablets, wearable computers, and PCs combined.

Click the link to see more: Growth In The Internet Of Things - Business Insider

How Americans Spend Their Time

Via Business Insider:

time internet

NBER, NYT

Click the link to see more: How Americans Spend Their Time - Business Insider
Ponder:

All Around The World, Labor Is Losing Out To Capital

Via Business Insider:
The “labour share” of national income has been falling across much of the world since the 1980s (see chart). The Organisation for Economic Co-operation and Development (OECD), a club of mostly rich countries, reckons that labour captured just 62% of all income in the 2000s, down from over 66% in the early 1990s. That sort of decline is not supposed to happen. For decades economists treated the shares of income flowing to labour and capital as fixed (apart from short-run wiggles due to business cycles). When Nicholas Kaldor set out six “stylised facts” about economic growth in 1957, the roughly constant share of income flowing to labour made the list. Many in the profession now wonder whether it still belongs there.
Click the link to see more: All Around The World, Labor Is Losing Out To Capital - Business Insider
Points:
  • “A falling labour share implies that productivity gains no longer translate into broad rises in pay. Instead, an ever larger share of the benefits of growth accrues to owners of capital.”
  • “A greater reliance on imports, they found, is associated with a bigger decline in labour’s take.”
  • “Yet trade cannot account for all labour’s woes in America or elsewhere. Workers in many developing countries, from China to Mexico, have also struggled to seize the benefits of growth over the past two decades. The likeliest culprit is technology, which, the OECD estimates, accounts for roughly 80% of the drop in the labour share among its members.”
  • “Trade and technology’s toll on wages has in some cases been abetted by changes in employment laws.”

How Computers Have Changed Chess

Via Business Insider:
Thanks to powerful computers, a player can gain incredible insight into the weaknesses and strengths of a given opening strategy. This to combat this, a player must have a varied opening repertoire, and not rely too much on any one line, lest their opponent beome too knowledgeable about the possible positions.
Click the link to see more: Anand On How Computers Have Changed Chess - Business Insider

Maybe it’s time for 3D chess.

Why 'Fail Fast' Isn't Good Advice

Via Business Insider :

"Fail fast" has become standard entrepreneurial advice. Startups and small businesses are told they shouldn't worry about messing up, because it's better to quickly realize that something's not working and move on. 

That's the right idea but very much the wrong attitude, according to Rob Shelton, the global innovation chief of PwC.

Click the link to see more: Business Insider - Why 'Fail Fast' Isn't Good Advice
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