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SOCIETY
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Wage Equality and Income Distribution: Understanding Relative Inequality
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Yes, but when all wages increase by the same percentage, the spread of the distribution of wages relative to the mean doesn't change. In other words, the ratio between the incomes of, say, the top 10% and the bottom 10% stays the same.
The level of inequality does not change. -
Fascism Risks in Technology Development and Governance
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They know a thing or two about fascism: what it looks like, how it gains power, how it remains in power, and how it never ends well.
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Every Take Is Biased: Choosing Diverse Perspectives
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Every take is biased.
The trick is to have a choice of takes and to not deliberately ignore what your own bias would consider bad takes. -
Median Wages Data for AI Industry Analysis
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Then post a graph of median wages instead of insults.
Be constructive. -
Retired Military and Public Servants Navigate AI Workforce Transition
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They are retired military and public servants.
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Wage Growth Outpaces Price Increases Since January 2020
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YMMV, but on average, wages have grown more than prices since January 2020.
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Automation Will Eliminate Professional Jobs, Contrary to Expectations
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Once again, we must prepare ourselves for the fact that many professions will disappear in the future. In a way, it is an irony of history that it was always believed that physical jobs would be the first to be eliminated by automation so that we could devote ourselves to the
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Inflation Moderates While Wages Rise Post-Covid
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Inflation was high during Covid, due to supply chain disruption (slope of the blue curve between spring 2020 and summer 2022).
But it has decreased continuously since then and is now at a very moderate annual rate of 2.1%.
Simultaneously, averages wages have increased faster -
Wages Outpace Consumer Price Index Since 2020
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This is a chart of *average wages* and consumer price index since January 2020.
Wages have increased more than prices.