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Kenneth Rogoff
Filter: Category: Technology
  • ECONOMICS, Employment/unemployment, Technology, Innovation

    Christopher Pissarides and and Jacques Bughin, "Embracing the New Age of Automation"

    Project Syndicate - 16 Jan 2018

    The Nobel laureate and the consultant welcome technological disruption, but warn that its adverse effects must be managed in 5 different ways: (1) by embracing AI and automation without hesitation, (2) by equipping workers with the right skills, (3) by focusing on augmented-labor opportunities, (4) by ensuring that businesses innovate and capitalize on new market opportunities at the same pace as human tasks are being replaced; (5) by reinvesting AI-driven productivity gains in as many economic sectors as possible (reads in 5-7 min).

    Published in Weekly selection 19 January 2018

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  • Technology, Innovation, Internet

    Steve Johnson, "Beyond The Bitcoin Bubble"

    The New York Times Magazine - metered paywall - 21 Jan 2018

    This is a longish (reads in about 15-20 min), but must-read article in which the author states that the current mania for crypto-currency could wind up building something much more important than wealth. The real promise of these new technologies may lie not in displacing our currencies, but in replacing much of what we now think of as the internet. If the blockchain evangelists succeed, they may challenge the hegemony of the tech giants far more effectively than any antitrust regulation. They may even offer an alternative to the winner-take-all model of capitalism.

    Published in Weekly selection 19 January 2018

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  • Technology, Innovation, Internet, PSYCHOLOGY, Wellbeing

    Jenny Anderson, "A letter from two big Apple investors powerfully summarizes how smartphones mess with kids’ brains"

    Quartz - 8 Jan 2018

    Two big investors who own around $2 billion in Apple shares just asked the company to consider how technology affects children’s wellbeing. In their letter, they state that the average American teenager gets her first smartphone at age 10 and spends almost 5 hours a day on it, excluding texting and talking. More than half report feeling addicted to their devices. This letter may mark a turning point: it also takes a dig at social media companies, and it is the first time that money enters the tech backlash arena (reads in 4-6 min).  

    Published in Weekly selection 12 January 2018

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