Blog Archives

Peaches, chips and immigration

Two stories caught my eye this week for their potential impact on labor markets, immigration policy and wider issues. The first involves a new computer chip being introduced by IBM based on the neural architecture of the human brain. From

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Posted in Economics, Immigration, The Second Machine Age

The Most Important Issue I Don’t Understand

Wise people avoid expounding on issues they do not grasp. In that spirit, you’ll find very little content here on foreign policy, military life, Canadian politics, bow hunting or hockey, as a small sample. Occasionally though, an issue is so

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Posted in Civil Rights, Technology, The Second Machine Age

So where is all the growth?

Technology in our time is moving at a pace so fast it seems that only children have the time to stay current. This dizzying pace of progress is bringing wonder after wonder, so why is economic growth so sluggish? Economic

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Posted in Economics, The Second Machine Age

Grappling with Exponential Growth

Since the sixties, analysts have been using Moore’s Law to summarize the expansion of computing power and, by extension, the growth of information technology as an industry. Named for Intel co-founder Gordon Moore, his “law” can be summarized to state

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Posted in Economics, The Second Machine Age

Meet your automated replacement

It would wise to revisit our assumptions about what computers can and cannot do. Many of us were surprised at the development of computers that could defeat a human at Chess or on the game-show Jeopardy! While those achievements were

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Posted in Economics, The Second Machine Age, Uncategorized, Welfare State

A closer look at The Second Machine Age

Reading the new book from Erik Brynjolfsson and Andrew McAfee was like a breath of fresh air. The Second Machine Age: Work, Progress and Prosperity in a Time of Brilliant Technologies, elegantly summarizes the radical economic changes I’ve been trying

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Posted in Economics, The Second Machine Age
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