The European Newspaper Publisher Association claims that Apple’s new in-app subscriptions limit user choice and offer fewer subscriber details to publishers.
What’s the world’s largest technology company? The answer depends on which measure you use.
If the cost of labor increases, someone has to pay for it. Laborers may pay in the form of decreased work opportunities, investors may pay in the form of decreased returns on capital, or consumers may pay in the form of higher prices required by increased costs.
US manufacturing output is still enormous, it has simply been achieved with ever higher levels of capital (e.g. machines) as labor has been made more and more expensive (through minimum wages, benefits, etc. that US corporations are taxed or regulated into providing).
Today Wall Street is ruled by thousands of little algorithms, and they’ve created a new market—volatile, unpredictable, and impossible for humans to comprehend.
IT spending has hollowed out labour markets, to the detriment of middle-income workers
Not surprising by itself, but it is nice to have some numbers to confirm what I (and I suspect most other people) had suspected about the effects of IT on the job market.
I wonder where IT workers fall in the low-middle-high income scale.