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"Just as American manufacturing turned belly-up in the face of the out-sourcing of labor in the globalized market in the 1990s, higher ed is now poised to do exactly the same thing with the professoriate.
Distance learning, the fastest growing segment of the higher education market, will make it possible for a Ph.D. in New Delhi to teach that big section of Chemistry 100 to students from all over the world. And in New Delhi, $4,000 will probably seem like pretty good money."
"We've put a self-perpetuating cycle in motion. The more anxious, isolated and time-deprived we are, the more likely we are to turn to paid personal services. To finance these extra services, we work longer hours."
"Until the 2000s, in every economic expansion, labor got the bulk of the increase in GDP, typically over 60%, via more jobs and increased pay. Post 2000, there was an astonishing change, a shift from labor share, which fell to below 30%, and a massive increase in corporate profits. In other words, there was huge shift away from labor to capital. This has little to do with globalization and much to do with the weakened bargaining power of US workers. As much as it has become fashionable to look down on unions (and their corruption and short-sightedness hasn’t helped), having well paid blue collar workers helped the negotiating position of non-unionized white collar employees."
Thomas Friedman recites the catechism of the race to the bottom. All hail the powers of freelance.com and the poor, hungry, and driven.
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Barrie offered me a few examples on his site right now: Someone is looking for a designer to design “a fully functioning dune buggy.” Forty people are now bidding on the job at an average price of $268. Someone is looking for an architect to design “a car-washing cafe.” Thirty-seven people are bidding on that job at an average price of $168. Someone is looking to produce “six formulations of chewing gum” suitable for the Australian market. Two people are bidding at an average price of $375. When Barrie needed a five-word speech to accept a Webby Award, he offered $1,000 for the best idea. He got 2,730 entries and accepted “The Tech Boom Is Back.” Someone looking for “a rap song to help Chinese students learn English” has three bids averaging $157.
"regular event with the Biochemical Society exploring science online. Last week, we had one on science and hobbies, a combination that doesn't need the web to come about, but is arguably facilitated by it. I know the word 'hobby' seemed a bit off-puttingly folksy for some, but I wanted to capture the difference between doing or talking about science for a living, and doing/ talking about science in one's spare time. Fully aware that this divide isn't clear cut, I thought the topic would generate debate. I think it did."
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What counts as value in citizen science? One of the audience members gave the example of a crowd-sourced citizen research project run by their university, where they realised that it would have been cheaper just to employ a single professional to do the work, largely because it all had to be checked by an expert anyway. One response was that this argument relies largely on the idea that the outcome being funded is purely research. If it is engagement too (and you count citizen involvement as engagement, not just free labour), then maybe it’s a false comparison.
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Do we need to consider the ethics of citizen science? In many ways, this follows on from above. If a citizen research project could have just employed a professional academic, are they robbing someone of a job? One of the reasons science became professionalised was to allow people who were not independently wealthy make a living from it. We have seen similar tensions around journalism and music. We might equally ask whether citizen science projects like those run by the Zooniverse simply exploit their members for free labour
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" Motivated by these patterns, we argue that it is valuable to consider a richer framework for analyzing how recent changes in the earnings and employment distribution in the United States and other advanced economies are shaped by the interactions among worker skills, job tasks, evolving technologies, and shifting trading opportunities. We propose a tractable task-based model in which the assignment of skills to tasks is endogenous and technical change may involve the substitution of machines for certain tasks previously performed by labor. We further consider how the evolution of technology in this task-based setting may be endogenized. We show how such a framework can be used to interpret several central recent trends, and we also suggest further directions for empirical exploration. "
"The belief that education is becoming ever more important rests on the plausible-sounding notion that advances in technology increase job opportunities for those who work with information — loosely speaking, that computers help those who work with their minds, while hurting those who work with their hands.
Some years ago, however, the economists David Autor, Frank Levy and Richard Murnane argued that this was the wrong way to think about it. Computers, they pointed out, excel at routine tasks, “cognitive and manual tasks that can be accomplished by following explicit rules.” Therefore, any routine task — a category that includes many white-collar, nonmanual jobs — is in the firing line. Conversely, jobs that can’t be carried out by following explicit rules — a category that includes many kinds of manual labor, from truck drivers to janitors — will tend to grow even in the face of technological progress. "
Why is it that "real estate interests" dominate in a local economy like Cleveland? Because, to a great extent, they are among the only ones left. Consider the local industries that were not as subject to roll-ups. Principal among these are real estate development, construction, and law. This means the local leadership of a community is now made up of executives in those industries, and they bring a very different world view versus the previous generation.
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Where then is the source of transactions these firms can turn to in order to sustain their business? The public sector, of course.
I would hypothesize that many local transactionally oriented services companies have seen the public sector take on a greater share of billings than in the past. With the old school bankers and industrialists mostly out of the picture, the leadership in our communities consists increasingly of the political class and a business community dominated by transactional interests.
When you look at the composition of this group, it should come as no surprise that the publicly subsidized real estate development is the preferred civic strategy. Politicians get to cut ribbons. Cranes always look good on the skyline. Local architects, engineers, developers, and construction companies love it. And there is plenty of legal work to go around.
The results are surprising. An American made iPod Classic costs just 23% more than a Chinese made iPod Classic: $58 more, to be precise. The same relationship holds across the iPod family (price differentials in the 20-30% range) The iPod is a durable good, so that's a difference — but smaller than one might expect.
Flight 1073 shows how easy it is for a situation to go from bad to worse, especially when carriers operate with little, no slack
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