According to a recently released survey from salary, jobs and career database, PayScale, holders of these bachelors degrees said they felt they were unemployed. To complete its study, PayScale collected data from 962,956 workers between 3/21/2014 and 3/21/2016. 1) Physical Education Teaching % Underemployed: 56.4% 2) Human Services % Underemployed: 55.6% 3) Illustration % Underemployed:... Continue Reading →
China says it must retaliate against tariffs ‘to defend the nation’s dignity’
The Chinese are not taking the United States' latest tariff threat lightly and vowed to retaliate if the U.S. moves forward with it. "China is fully prepared and will have to retaliate to defend the nation's dignity and the interests of the people, defend free trade and the multilateral system, and defend the common interests... Continue Reading →
Layoffs from Trump tariffs are piling up. So are calls for more bailouts.
Jane Hardy, the chief executive of a company that makes lawn-care equipment, says she had to lay off 75 employees this summer because of President Trump’s trade war. As she fights to keep her southern Indiana business going, Hardy is one of several manufacturers warning the White House that, unless they see relief from the... Continue Reading →
A Robot Just Operated On A Human Eye for the First Time
From prostate surgery to gallbladder procedures, robots are already mainstays in the operating room. Now, they’re coming for your eyes. In 2016, researchers from the University of Oxford’s Nuffield Department of Clinical Neurosciences kicked off a clinical trial to test the PRECEYES Surgical System, a robot designed to perform surgery on the retina, the surface... Continue Reading →
Labour wants to try giving people free money with no strings attached
Labour is set to include a plan for the radical policy of a universal basic income in its next manifesto for a general election, John McDonnell has told The Independent. The shadow chancellor - one of Jeremy Corbyn 's closest allies in Westminster - said a Labour-commissioned review into the policy, which aims to transform... Continue Reading →
Human Bankers Are Losing to Robots as Nordea Sets a New Standard
Something interesting happened in Swedish finance last quarter. The only big bank that managed to cut costs also happens to be behind one of the industry’s boldest plans to replace humans with automation. Nordea Bank AB, whose Chief Executive Officer Casper von Koskull says his industry might only have half its current human workforce a... Continue Reading →
How Much Of The Economy Do We Actually Need?
http://www.youtube.com/watch?v=7Pq-S557XQU Most of the economy doesn't exist to fulfill our basic needs, yet so many people are unable to meet them. “Earn a living.” “Be practical.” “Get a job.” Odds are that you have heard these statements before. As an adult, we don’t need anyone to tell us these things. We tell ourselves. But there... Continue Reading →
An AI-driven robot hand spent a hundred years teaching itself to rotate a cube
AI researchers have demonstrated a self-teaching algorithm that gives a robot hand remarkable new dexterity. Their creation taught itself to manipulate a cube with uncanny skill by practicing for the equivalent of a hundred years inside a computer simulation (though only a few days in real time). The robotic hand is still nowhere near as agile... Continue Reading →
Richard Milner on a new U.S. particle accelerator
The case for an ambitious new particle accelerator to be built in the United States has just gotten a major boost. Today, the National Academies of Sciences, Engineering, and Medicine have endorsed the development of the Electron Ion Collider, or EIC. The proposed facility, consisting of two intersecting accelerators, would smash together beams of protons... Continue Reading →
Recycling is suffering from system failure; it’s time for a system redesign
We are sacrificing our oceans and filling our landfills in the name of convenience. It's time to pay the bill. According to the Wall Street Journal, “The U.S. recycling industry is breaking down.” Bob Tita writes: Prices for scrap paper and plastic have collapsed, leading local officials across the country to charge residents more to... Continue Reading →