I’ve always enjoyed a good discussion of modern art philosophy..
Most of the attention around automation focuses on how factory robots and self-driving cars may fundamentally change our workforce, potentially eliminating millions of jobs. But AI that can handle knowledge-based, white-collar work are also becoming increasingly competent.
One Japanese insurance company, Fukoku Mutual Life Insurance, is reportedly replacing 34 human insurance claim workers with “IBM Watson Explorer,” starting by January 2017.
The AI will scan hospital records and other documents to determine insurance payouts, according to a company press release, factoring injuries, patient medical histories, and procedures administered. Automation of these research and data gathering tasks will help the remaining human workers process the final payout faster, the release says.
Fukoku Mutual will spend $1.7 million (200 million yen) to install the AI system, and $128,000 per year for maintenance, according to Japan’s The Mainichi. The company saves roughly $1.1 million per year on employee salaries by using the IBM software, meaning it hopes to see a return on the investment in less than two years.
For enthusiasts of Frank Lloyd Wright and his extraordinary homes, 2016 offered what felt like an embarrassment of riches on the real estate front.
Albert Einstein , one of the greatest minds of the 20th century, forever changed the landscape of science by introducing revolutionary concepts that shook our understanding of the physical world.
What we really want can usually be identified once we stop censoring ourselves, trying to come up with an answer that sounds prestigious or glamorous or reflects what we think is economically feasible or what our family wants. I tell everyone: get all those things out of your head and then give yourself to the count of three to answer as quickly as possible “What do I want in life?” Nine times out of 10, that’s your answer.
As people move up the income ladder, they escape material shortages and consume more. They have “things” — goods, houses, and, most importantly, education — to show for their higher earnings, but they do not have healthy finances. Having those “things” is of course an improvement over not having them, but only for the very, very rich (or the very, very unusual) is there any real escape from the pressure-cooker of American household finances.
Why can’t people live below their means, save up some money, and kick up their feet? The place to start is by looking at what they are spending their money — and particularly their loans — on. The biggest expenditure? Housing, by far. (Transportation is next, but a good portion of that — gas — is in some ways a housing cost as well, since it’s a function of one’s commute.) And the biggest sources of debt? Housing and education. The average loan burdens for mortgages and student loans dwarf auto loans or credit-card debt, the other major types of debt that Americans tend to carry.
Housing and education appear to be two distinct categories of spending, but for many families they are one and the same: For the most part, where a family lives determines where their kids go to school, and, as a result, where schools are better, houses are more costly. This is both cause and effect: Where houses are expensive, the tax base is bigger and schools have better resources, and where schools are better, there is more demand for housing. Zoning restrictions exacerbate this dynamic, because many rich municipalities with excellent public schools oppose the density that would allow more people to access their schools, which in turn drives housing prices up further. So in a sense, for many people, housing debt is education debt.
It’s all too clear why parents will spend down their last dollar (and their last borrowed dollar) on their kids’ education: In a society with dramatic income inequality and dramatic educational inequality, the cost of missing out on the best society has to offer (or, really, at the individual scale, the best any person can afford) is unfathomable. So parents spend at the brink of what they can afford.
Constant improvement is not easy. Whether it is a skill, or a positive quality, or a way of life you are looking to cultivate, staying on the positive side of the growth curve takes work.
It all comes down to self-awareness.
1. What Is My Unique Ability?
2. Am I Still Growing?
3. Am I Taking Care of Myself?
4. What Is the Next Skill I Need?
5. What Am I Most Proud of?
Graffiti etched into walls of the ancient city of Aphrodisias reveals life some 1,500 years ago, including gladiator combat, chariot racing and religious fighting.