Tag Archives | Automation

Green Tulip Mania

Elon Musk may finally be running out of other people’s money. That’s the upshot of a report on how Tesla is burning so much cash it may run out by the end of the year. This is a company that has raised more than $5 billion from its investors so far, and it is still […]

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I Want to Be a Non-Conformist Just Like Everyone Else

Five Things You Need to Read Today Here is your latest update, for subscribers only, recommending five stories that are worth catching. 1. Marco Rubio Swims with the Current Marco Rubio really, really wants to be president. How much does he want it? Enough to swim with the current. In the 2016 primaries, Rubio represented […]

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“The American Notion of Free Speech”

Five Things You Need to Read Today Here is your second update of the week, for subscribers only, recommending five stories that are worth catching. Today, the main theme is the parlous state of “the American notion of free speech.” 1. The Freedom to Annoy I mentioned recently that the big social media companies are […]

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An Era of Unprecedented Disruption

In May, I had the chance to interview Nebraska Senator Ben Sasse. A historian and former president of Midland University in Nebraska, Sasse was elected to the Senate in 2014. Our conversation covered a wide range of topics from the impact of automation to the technological revolution in agricultural to education reform to the challenges […]

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Gated Boomtowns

Policy Ideas for the Age of Automation, Part Two In this series, I have been considering what we can do to smooth the adjustment to a technological revolution in automation—but from the perspective of a skeptical free-marketer who doesn’t buy into ill-conceived utopian schemes like the basic income. In part one, I considered what policies […]

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Lighting Fires and Filling Buckets

Policy Ideas for the Age of Automation, Part One: Education Everyone is starting to become concerned that the machines are about to take away all of our jobs—at least, all of the jobs that we do now. Everything is on the chopping block to be automated, from flipping burgers to driving trucks to filing legal […]

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The Basic Income Is the Worst Response to Automation

We’ve been hearing a drumbeat recently of claims that a universal basic income—in effect, a monthly welfare check sent to everyone—is going to be necessary to save all the poor unfortunate souls put out of work by self-driving cars, artificial intelligence, robots, and other new forms of automation. We are told that the basic income […]

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The Paradox of Productivity

In his nomination acceptance speech at last week’s Republican convention, one of Donald Trump’s central themes is that free trade has ravaged American manufacturing. He proclaiming himself the voice, not just of the common man or of the blue-collar worker, but specifically of “the laid-off factory workers and the communities crushed by our horrible and […]

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