- Universal basic income: If a robot takes your job, it could actually be good for you (VentureBeat) "Financial experts at the White House forecasted that soon all workers earning an hourly wage of less than $20 will be replaced by AI. If you talk real figures, this means that around 350 million employees belonging to the production, warehouse, or service industry will lose their jobs. These statistics have given rise to a blatant controversy that is pushing for a plausible solution. And one recommended solution is the universal basic income (UBI). According to the suggested UBI policy, every citizen in the country would be entitled to a fixed amount of money distributed by the government regardless of their level of income or job status. This fixed amount would have to be sufficient for subsistence. According to a recent story in The Economist, the UBI can be calculated on the revenue collected through tax as a percentage of the GDP. Based on that calculation, today the US government would pay a basic income of $6,300 annually (that’s $525 a month) to every citizen."
BUSINESS:
- Why Executives Don't Trust Their Own Data And Analytics Insights (FastCompany)
ENTERTAINMENT:
- America has never had so much TV, and even Hollywood is overwhelmed (WaPo) "But the wild spending is stoking fears about whether or when TV’s financial bubble might burst. The glut of scripted dramas and comedies has dramatically boosted budgets, but it has not solved the industry’s most dire dilemma: The lack of a functioning business model for a new TV era."
- How Spotify Can Tear Up the Music Biz (Bloomberg)
NEWS:
- The coming clash with China over North Korea (WaPo) "Top Clinton foreign policy advisers have been open about their intention to apply to North Korea a version of the playbook the Obama administration used with Iran. They are promising to drastically increase sanctions on Pyongyang before sitting down at the table. They are also considering secondary sanctions on foreign firms that enable North Korea’s illicit industries, which means punishing Chinese companies keeping Kim’s nuclear and missile industries afloat." and Donald Trump and the Threat of Nuclear War (Atlantic) "Which of the two major party candidates is better equipped, by experience, judgment, and temperament, to manage the North Korean threat without triggering, advertently or otherwise, a nuclear exchange that could lead to the deaths of hundreds of thousands of Americans—and millions of Koreans and Japanese?"
- Inside Donald Trump’s Last Stand: An Anxious Nominee Seeks Assurance (NYT) "The contrasts pervade his campaign. Aides to Mr. Trump have finally wrested away the Twitter account that he used to colorfully — and often counterproductively — savage his rivals. But offline, Mr. Trump still privately muses about all the ways he will punish his enemies after Election Day, including a threat to fund a “super PAC” with vengeance as its core mission."
- Reporting from the front lines with mobile journalism (Mashable)
TECHNOLOGY:
- Under the Din of the Presidential Race Lies a Once and Future Threat: Cyberwarfare (NYT)
- Simple Solutions for Hillary and Other Hacked Pols (Ozy)
- The 2016 Election Exposes the Very, Very Dark Side of Tech (Wired)
BOTTOM OF THE NEWS:
Quote of the day: "If somebody can't handle a Twitter account, they can't handle the nuclear codes.” President Obama
Sign up for email distribution of the Day's Most Compelling News below or by visiting Top of the News
BUSINESS:
- Why Executives Don't Trust Their Own Data And Analytics Insights (FastCompany)
ENTERTAINMENT:
- America has never had so much TV, and even Hollywood is overwhelmed (WaPo) "But the wild spending is stoking fears about whether or when TV’s financial bubble might burst. The glut of scripted dramas and comedies has dramatically boosted budgets, but it has not solved the industry’s most dire dilemma: The lack of a functioning business model for a new TV era."
- How Spotify Can Tear Up the Music Biz (Bloomberg)
NEWS:
- The coming clash with China over North Korea (WaPo) "Top Clinton foreign policy advisers have been open about their intention to apply to North Korea a version of the playbook the Obama administration used with Iran. They are promising to drastically increase sanctions on Pyongyang before sitting down at the table. They are also considering secondary sanctions on foreign firms that enable North Korea’s illicit industries, which means punishing Chinese companies keeping Kim’s nuclear and missile industries afloat." and Donald Trump and the Threat of Nuclear War (Atlantic) "Which of the two major party candidates is better equipped, by experience, judgment, and temperament, to manage the North Korean threat without triggering, advertently or otherwise, a nuclear exchange that could lead to the deaths of hundreds of thousands of Americans—and millions of Koreans and Japanese?"
- Inside Donald Trump’s Last Stand: An Anxious Nominee Seeks Assurance (NYT) "The contrasts pervade his campaign. Aides to Mr. Trump have finally wrested away the Twitter account that he used to colorfully — and often counterproductively — savage his rivals. But offline, Mr. Trump still privately muses about all the ways he will punish his enemies after Election Day, including a threat to fund a “super PAC” with vengeance as its core mission."
- Reporting from the front lines with mobile journalism (Mashable)
TECHNOLOGY:
- Under the Din of the Presidential Race Lies a Once and Future Threat: Cyberwarfare (NYT)
- Simple Solutions for Hillary and Other Hacked Pols (Ozy)
- The 2016 Election Exposes the Very, Very Dark Side of Tech (Wired)
BOTTOM OF THE NEWS:
Quote of the day: "If somebody can't handle a Twitter account, they can't handle the nuclear codes.” President Obama
Sign up for email distribution of the Day's Most Compelling News below or by visiting Top of the News
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