🔮 AI & the end of capitalism; biologic computing; future factories; populism, COBOL & brioche++ #164
Dept of the near future
⏱️ Will AI herald the end of capitalism and is the Chinese model of a socialist market economy the next stage of development? (See also: Harold Jarche: automation+capitalism is a perfect storm which makes the case for why we need new work structures not simply new technology.)
👨🏭 The factory of the future: more tailored & faster, with AI as the key driver of enhancements. As workplaces get more automation, employers are focusing on more human skills and workers are looking for more purpose. (That said, Blockchain development is the hottest freelance skill in the job market, growing more than 6,000% since this time last year.)
📈 Algorithmic trading boosts liquidity, increases price efficiency & reduces spreads except in times of market stress, where commonalities between algorithms reduce market quality. It is like watching five-year-olds play soccer, but also an important test-bed for emergent properties of systems with algorithmic actors in it.
🌶️ Gender i…
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