We have recovered less than half of what we’ve lost in wealth.
Households in the United States lost roughly $16 trillion in net worth since the recession started in 2007. According to the latest Fed data, we regained about $14.6 trillion, or roughly 91 percent, of it. But let’s not break out the champagne glasses just yet.
Continue reading… “The wealth we lost and regained since the recession started in 2007”
The real gap isn’t between men and women doing the same job. It’s between the different jobs that men and women take.
Women earn “only 72 percent, as much as their male counterparts” is probably the most famous statistic about female workers in the U.S. But it is also famously false.
Continue reading… “Is the gender wage gap a myth?”
Charles Hugh Smith, author of The existing social and financial order is crumbling because it is unsustainable on multiple levels. The central state is not the Millennials’ friend, it is their oppressor.
Congratulations class of 2013: you weren’t the class of 2010.
For most undergrads, college graduation is an occasion to celebrate, but in this economy we know it’s also a time of gnawing, career-oriented dread for plenty others. Even at Harvard, where Oprah is sharing some words of wisdom at commencement this week, just 61 percent of soon-to-be grads told the Crimson that they had an actual job lined up. One in ten said they had no set plans for the future.
Continue reading… “History of the job market for new college graduates”
In 1974, Concert-goers push a stalled VW bus.
We can pity the baby boomer generation, blamed in their youth for every ill and excess of American society and now, in their dotage, for threatening to sink the economy and perhaps Western civilization itself.
Continue reading… “Why the baby boomer generation is the most hated”
Android is everywhere.
The work space of Ken Oyadomari at NASA Ames Research Center in Mountain View, Calif., looks like a triage tent for smartphones. Dozens of disassembled devices parts are strewn on workbenches. A small team of young engineers picks through the electronic carnage, carefully extracting playing card-size motherboards—the microprocessing heart of most computers—that will be repurposed as the brains of spacecraft no bigger than a softball. Satellites usually cost millions of dollars to build and launch. The price of Oyadomari’s nanosats, as they’ve become known, is around $15,000 and dropping. He expects them to be affordable for high school science classes, individual hobbyists, or anyone who wants to perform science experiments in space.
Continue reading… “Android is becoming the operating system for the Internet of Things”
Futurist Thomas Frey: What does it mean to “own” something?
I’m sure there are legal definitions, but most of us believe that once we purchase an item, we own it. Our relationship with that object shifts from ogler to owner in the blink of a cash register transaction.
Continue reading… “The End of Theft”
Learn-to-code programs bent on teaching anyone, even children, programming skills are on the upswing.
Meaningful education was all about learning your ABCs in the 20th Century. Today, it’s centered on Alphas, Betas and C++. Programming skills are becoming ever more important, quickly turning into the core competency for all kinds of 21st Century workers.
Continue reading… “Programming is the core skill of the 21st Century”
The world is speeding up.
Grant McCracken, a research affiliate at MIT and the author of Chief Culture Officer was recently asked by a client to comment crisply on the future. He came up with these observations.
Continue reading… “Grant McCracken says the corporation is at odds with the future”
The survey represents some of the lowest ratings Americans have given to religious influence in the U.S. in 40 years.
Seventy-seven percent of Americans believe that religion’s influence in the nation is waning, yet also think society would be better off if more Americans were religious, according to a new survey.
iTunes
Asymco analyst Horace Dediu has a very smart point regarding the real impact of shifting media consumption patterns on legacy gatekeepers.He estimates that iTunes’ average revenue per user (ARPU) has fallen from over $100 in the fourth quarter of 2007 to about $39 by the fourth quarter of 2012. Over that same time, the number of total iTunes accounts has roughly doubled, from around 250 million to roughly 500 million.
Continue reading… “Emerging trends inside iTunes”
Houston, Texas
Texas dominated the recession, crushed the recovery, and in a new analysis of jobs recovered since the downturn, Houston, its largest city, stands apart as the most powerful job engine in the country — by far.
Continue reading… “Houston is America’s #1 job creator”
By delving into the futuring techniques of Futurist Thomas Frey, you’ll embark on an enlightening journey.
Learn More about this exciting program.