"Technology Is Replacing Brains As Well As Brawn" - Challenging The 'Official' Automation Narrative (& Social Order)

...even if the academics are right and new high-skill jobs emerge to replace the ones that are being automated away, huge disruptions would still await. Large portions of the global workforce would still need retraining. And if work becomes a luxury, widespread joblessness and greater inequality could make it increasingly more difficult for the government to maintain social order.

If We Want "Unity"... Government Must Become Weaker

It is becoming increasingly clear that the United States is becoming a country in which every election brings a perceived mandate to forcefully - and even vengefully - impose the winning coalition's agenda on the losers...

The Hidden Motives Of The Chinese Silk Road

Chinese President Xi Jinping suggested that “what we hope to create is a big family of harmonious co-existence.” But India, an emerging economy that shares a contested border with China, worries about containment and new pathways for aggression from Pakistan...

First India Bans Cash, Now It's Targeting Gold

"There you have it. The cashless agenda of control laid bare. There shall be no economic activity outside of State control. Cartels that play nice will be rewarded with more market share... It remains to be seen if an already angry Indian citizenry can be persuaded to gift up their tradition of storing and gifting gold."

"It's A Virtual Bloodbath" - Cryptocurrency Carnage Continues

Early this morning, cryptocurrencies were all simultaneously hit by selling pressure and as the day has worn off, it has accelerated with one witty trader noting "it's a virtual bloodbath." 29 of the Top 30 cryptocurrencies (by market cap) are in the red and while there remains no immediat catalyst, chatter is focused on uncertainty surrounding SegWit (another potential fork in the codebase) and some looming large ICOs.

Is This Uber's "Theranos Moment"?

There comes that moment where the veiled threats against logic such as the go-to excuse of "it’s different this time" are exposed against the harsh light of reality...