Labor Productivity and Artificial Intelligence

Economic growth is needed to provide income for workers and to provide tax revenues that support our defense and safety net government programs.  Without Gross Domestic Product (GDP) growth, it is difficult to justify higher wages and it becomes near impossible to fund government at the desired levels.  The advent of robotics and artificial intelligence […]

Wishlist Computing Items Under Development

Artificial Intelligence (AI) developments have attracted much attention in industrial and financial circles.  AI is being used commercially to “recognize spoken words, translate from one language to another, improve Internet search results” and to select financial investments (e.g. AIEQ, the AI Powered Equity ETF)  that would normally require human judgement.  Gradually, some workers will find […]

Continue Sharpening Your Skills

Once upon a time, good behavior and a high school diploma qualified us for a career-long job in an automobile manufacturing plant.  Good behavior still matters, but that high school diploma isn’t worth much, and it will likely be trumped by artificial intelligence or a tireless robot. Of its 33,000 employees in this quarter, Tesla […]

Will the Next Generation Have Artificially Intelligent Assistants?

Will the Next Generation Have Artificially Intelligent Assistants? Artificial intelligence (AI) describes projects involving purpose-driven computer hardware and software.  When aimed at economically valuable goals, AI projects have proven to be helpful, but they are expensive to develop and are not yet up to some tasks.  A big part of the challenge is overcoming shortcomings […]

Just When You Thought Robots Would Do the Heavy Lifting

Today’s automobile manufacturing plants are manned by highspeed robots that lift steel panels, hold them in place, weld them together and present the assembly to the next specialized robot.  Down the line, a robot slowly spins the entire steel body of a car so a “paint” robot can spray it uniformly – flat panels and […]