Digital dividends: A World Bank Report

vkt

Worth reading in my opinion that approaches the evolving economic and technology landscape without catering to extreme political ideologies on either side.

The blurb:
Digital technologies have spread rapidly in much of the world. Digital dividends—that is, the broader development benefits from using these technologies—have lagged behind. In many instances, digital technologies have boosted growth, expanded opportunities, and improved service delivery. Yet their aggregate impact has fallen short and is unevenly distributed. For digital technologies to benefit everyone everywhere requires closing the remaining digital divide, especially in internet access. But greater digital adoption will not be enough. To get the most out of the digital revolution, countries also need to work on the “analog complements”—by strengthening regulations that ensure competition among businesses, by adapting workers’ skills to the demands of the new economy, and by ensuring that institutions are accountable.

http://www.worldbank.org/en/publication/wdr2016

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vkt

In my opinion, "no regulation is good regulation" is the extreme position.

Note that this is also a report for the entire world not just the US. Many parts of the world don't even have the regulation we have to prevent monopolistic practices, partly from corruption.

vkt

Here are some articles on the theme of The Fourth Industrial Revolution from the agenda for the World Economic Forum, the host of the Davos summit that is the perennial target of the 99% because of the 1% that attend.

I don't expect everyone will agree with every article and viewpoint in these articles but I suspect reading these instead of zero hedge and the oil conspiracy theories will certainly help in developing critical thinking and informed discussions. Also helps not becoming obsolete on the technology evolution or making bad investment decisions based on buzz words.

Most likely some articles will be accused of being on the other side from both extremes. Which is usually a good sign.

Also helps not getting sucked into the doom and gloom of the current sentiments

http://www.weforum.org/agenda/archive/fourth-industrial-revolution

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Dex

vkt said:

Yet their aggregate impact has fallen short and is unevenly distributed. For digital technologies to benefit everyone everywhere requires closing the remaining digital divide, especially in internet access. But greater digital adoption will not be enough. To get the most out of the digital revolution, countries also need to work on the “analog complements”—by strengthening regulations that ensure competition among businesses, by adapting workers’ skills to the demands of the new economy, and by ensuring that institutions are accountable.

http://www.worldbank.org/en/publication/wdr2016

Socialism is not dead at the world bank.

vkt

@maurice, apologies. Didn't see any comment to respond to. I think you misunderstood my statement of an extreme. It is as silly and equally extreme as the "socialist agenda" anytime anything Govt does or the welfare of labor is mentioned. That is a strawman from the right.

If you are looking for a strawman to place into one side or the other, I am not a good candidate. The articles linked here aren't to promote an agenda.

Just putting out some well thought out articles (from all sides) than the usual conspiracy theory tabloids.

Now, I will wait for someone to challenge me from the left extreme for defending capitalism in the other thread from being accused of necessarily exploitative of labor or linking articles from the temple of capitalism and the home of the 1%ers, WEC.

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