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Storied law firm Heenan Blaikie sunk by a shifting legal landscape - The Globe and Mail
JANET McFARLAND, JEFF GRAY, KATHRYN BLAZE CARLSON AND SEAN FINE

The Globe and Mail

Published Wednesday, Feb. 05 2014

National law firm Heenan Blaikie LLP is closing after 40 years in operation, marking the largest failure of a law firm in Canada....An array of problems contributed to its demise, from new pressures on mid-sized law firms to a long decline in major corporate deals and demands from clients for lower billing. Some clients have abandoned traditional loyalty to a single firm and have been using smaller ones that offer deep discounts on routine work.
law_firms  Bay_Street  dissolutions  Heenan_Blaikie  winner-take-all  decline  mid-sized  Jeff_Gray  barbell_effect 
february 2014
Top tips for porting an application to a computing infrastructure
22 May 2013| Software Sustainability Institute | By Mike Jackson
tips  software  porting  Waudware 
february 2014
Tiger Mom Amy Chua's theory of success: Three factors why Indians, Jews, Chinese do better than others - The Globe and Mail
CRAIG OFFMAN

The Globe and Mail

Published Wednesday, Feb. 05 2014

[JCK: Luke Johnson opining in the Financial Times on South Asian immigrants to the UK from Uganda-: What we need is brainpower and willpower - they are the greatest natural resources.]
achievement_gaps  Amy_Chua  Asian-Americans  books  brainpower  ethnic_communities  ksfs  movingonup  parenting  willpower 
february 2014
Run on the firm may signal Heenan’s demise
BRIAN MILNER
Run on the firm may signal Heenan’s demise Add to ...
Subscribers Only

The Globe and Mail

It’s a fate that awaits other mid-level law firms whose business model is no longer working in a rapidly changing environment. Firms like Heenan Blaikie are being squeezed mercilessly both from above and below – by the heavyweights chasing after business they once ignored as unworthy of their lofty status, and by more nimble specialist firms with lower expenses (including less lavish offices) and cheaper fees.

Like accounting firms and investment banks, law firms are also facing the long-predicted downdrafts emanating from the hollowing out of corporate Canada. As Canadian subsidiaries have ceded greater control to their foreign owners, a chunk of their financial and legal business in Canada has migrated to head offices in other countries.

Published Tuesday, Feb. 04 2014
law_firms  Bay_Street  dissolutions  Heenan_Blaikie  winner-take-all  head_offices  hollowing_out  boutiques  specialists  mid-sized  rapid_change  barbell_effect  Corporate_Canada  mercilessness 
february 2014
Microsoft Prescription: More Bill Gates - WSJ.com
By
Shira Ovide,
Joann S. Lublin and
Monica Langley
connect
Updated Feb. 5, 2014
Microsoft  appointments  CEOs  Satya_Nadella 
february 2014
Hard Times at Howard U. - NYTimes.com
FEB. 4, 2014 | NYT | By CHARLAYNE HUNTER-GAULT.

Howard has been in turmoil for several years over its fiscal direction as well as a series of public relations blunders, notably the news of bonuses to high-level administrators amounting to $1.1 million amid cost-cutting and tuition increases.
Colleges_&_Universities  African-Americans  hard_times  HBCUs  Morehouse  leadership  Washington_D.C.  crisis  education  enrollment  Howard  economics 
february 2014
Alejandra Ribera’s La Boca: an exotic and cosmopolitan second album - The Globe and Mail
Brad Wheeler

The Globe and Mail
Jan. 31 2014

Bad Again is bolder, with her earthy alto dipping and whipping around the chord progressions. The song concerns the picking up of old nasty habits.
concerts  CBC_Radio  music  Brad_Wheeler 
february 2014
What Machines Can’t Do - NYTimes.com
FEB. 3, 2014 | NYT | David Brooks.
here is what robots can't do -- create art, deep meaning, move our souls, help us to understand and thus operate in the world, inspire deeper thought, care for one another, help the environment where we live
========================================================================
We’re clearly heading into an age of brilliant technology.computers are increasingly going to be able to perform important parts of even mostly cognitive jobs, like picking stocks, diagnosing diseases and granting parole.

As this happens, certain mental skills will become less valuable because computers will take over (e.g. memorization)

what human skills will be more valuable? The age of brilliant machines seems to reward a few traits. First, it rewards enthusiasm, people driven to perform extended bouts of concentration, diving into and trying to make sense of these bottomless information oceans. Second, the era seems to reward people with extended time horizons and strategic discipline. Third, the age seems to reward procedural architects (e.g. Facebook, Twitter, Wikipedia, etc. , people who can design an architecture/platform that allows other people to express ideas or to collaborate. Fourth, people who can organize a decentralized network around a clear question, without letting it dissipate or clump, will have enormous value. Fifth, essentialists will probably be rewarded--the ability to grasp the essence of one thing, and then the essence of some very different thing, and smash them together to create some entirely new thing. Sixth, the computer is the computer. The role of the human is not to be dispassionate, depersonalized or neutral. It is precisely the emotive traits that are rewarded: the voracious lust for understanding, the enthusiasm for work, the ability to grasp the gist, the empathetic sensitivity to what will attract attention and linger in the mind. Unable to compete when it comes to calculation, the best workers will come with heart in hand.
David_Brooks  Erik_Brynjolfsson  future-proofing  career_paths  MIT  problem_solving  persuasion  Andrew_McAfee  Communicating_&_Connecting  indispensable  skills  Managing_Your_Career  21st._century  new_graduates  focus  long-term  self-discipline  lateral_thinking  sense-making  platforms  emotions  empathy  time_horizons 
february 2014
What the hell have you been doing with your life?
February 4, 2014@ 8:55 AM EST

Eric Jackson ‏@ericjackson 40m

If you haven't been building a $150 billion platform company at scale in the last 10 yrs, what the hell have you been doing with yo...
Twitter  Eric_Jackson  quotes  economies_of_scale 
february 2014
Apple Quietly Builds New Networks - WSJ.com
By
Drew FitzGerald and
Daisuke Wakabayashi
connect
Feb. 3, 2014

Apple's online delivery needs have grown in the last few years, driven by its iCloud service for storing users' data and rising sales of music, videos and games from iTunes and the App Store. But the iPhone maker is reported to have broader ambitions for television that could involve expanding its Apple TV product or building its own television set.

Snapping up Internet infrastructure supports all those pursuits at once. Apple is signing long-term deals to lock up bandwidth and hiring more networking experts, steps that companies like Google Inc. GOOG -4.03% and Facebook Inc. have already taken to gain more control over the vast content they distribute.

Bill Norton, chief strategy officer for International Internet Exchange, which helps companies line up Internet traffic agreements, estimates that Apple has in a short time bought enough bandwidth from Web carriers to move hundreds of gigabits of data each second....Apple's hardware business is increasingly tied into services delivered over the Internet. In 2011, it rolled out the iCloud service, which stores and syncs emails, documents, photos, music and video so users can access them from various Apple devices. In addition, it is delivering more content from its iTunes and App Store—which brought in $16 billion in revenue in the year that ended in September—while pushing out regular, data-laden updates of its mobile and PC operating systems.

The company's need for bandwidth and supporting infrastructure will grow if it moves further into television. Apple Chief Executive Tim Cook has said improving the TV viewing experience is an area of interest for the company and that it has a "great vision" for television. On a conference call last week to discuss its latest earnings with analysts, Mr. Cook said Apple is on track to break into new product categories this year, fueling speculation about a new television or revamped video service.
App_Store  Apple  Apple_IDs  Apple_TV  bandwidth  digital_storage  hiring  iCloud  iTunes  networks  networking  new_categories  services  streaming  Tim_Cook 
february 2014
Super Bowl advertising won’t wait for commercial breaks - The Globe and Mail
SUSAN KRASHINSKY - MARKETING REPORTER

TORONTO — The Globe and Mail

Published Thursday, Jan. 30 2014
Susan_Krashinsky  Oreo  Facebook  brands  public_relations 
february 2014
‘Buy Local’: Nice idea, but does it make sense? - The Globe and Mail
TODD HIRSCH

Special to The Globe and Mail

Published Friday, Jan. 31 2014
local  neighbourhoods  Todd_Hirsch 
february 2014
Buzz off
January 31, 2014 | Report on Business Magazine | David Berman
With bees in trouble, could there be a day without almonds?
agriculture  farming  honeybees  food  agribusiness  pollination 
february 2014
Smile, you're on WiFi
January 31, 2014
That cellphone in your pocket is emitting a constant stream of information - and retailers are starting to listen in

Ivor Tossell

Mexia, a Winnipeg-based "location analytics" company that's one of a new crop of firms that are supplying retailers with technology that listens in to smartphone signals. Mexia installs Bluetooth and WiFi receivers in specific zones around a store. By measuring the occurrence and relative strength of your phone's passive, unwittingly sent signals, it can tell whether customers are lingering longer in the housewares department, the kitchen aisle or near the checkout. The company says it has deployed sensors in between 80 and 100 stores so far; it also does malls and airports. "We report on a multitude of things, from the traditional traffic count to the time spent in the store," says Glenn Tinley, Mexia's founder and president. "It gets pretty interesting, to say the least."
wi-fi  Bluetooth  mobile_phones  location  location_based_services  tracking  Mexia  Turnstyle  customer_loyalty  shopping_experience  privacy  analytics  confidentiality 
february 2014
Crystal balling
January 31, 2014 | G&M | Gary Salewicz.

What separates them from the mere mortals of investing? Perspective, for one. If there is a common current to their interviews, it is that you should take the long view, bide your time and invest not with months or even years in mind, but with decades. Second, for all their success, there is a remarkable lack of bluster; all have made mistakes, and they're willing to fess up and tell you about them.
forecasting  investors  long-term  candour  mistakes 
february 2014
Progressives take page from Manning playbook - The Globe and Mail
Lawrence Martin

Special to The Globe and Mail

Published Tuesday, May. 14 2013

Progressives, their heads in yestergear, sat sphinx-like. As Rick Smith, the new head of the Broadbent Institute, was noting the other day, they didn’t see the need for something like a Manning Centre. They didn’t grasp the need for new fundraising networks, new get-out-the-vote methods, social media expertise, training programs for activists and the like.
Preston_Manning  political_infrastructure  NDP  Lawrence_Martin  playbooks  training_programs 
february 2014
Invest like a legend: Peter Thiel
Jan. 30 2014 | The Globe and Mail | Alec Scott.Special to The Globe and Mail.

Is tech investing different from other sorts of investing?

It’s incredibly hard to get people to adopt new tech solutions, and you only get adoption of something if it’s 10 times as good as the next best thing. Amazon had 10 times as many books. PayPal was at least 10 times as fast as cashing a cheque....How do your years of competitive chess-playing help you invest?

Chess champion José Raúl Capablanca said, “In order to improve your game, you must study the endgame before everything else.” Successful businesses have a very long arc. In 2001, we concluded that three-quarters of PayPal’s value would come from 2011 and beyond. The same thing applies to all the big tech companies currently—LinkedIn, Facebook, Twitter. Most of their value comes from the 2020s, 2030s and beyond. And so one of the critical questions is, what does the endgame look like, not how they will do in the next month.
Peter_Thiel  endgame  chess  Palantir  start_ups  long-term  market_risk  strategic_thinking  customer_adoption  personal_finance  orders-of-magnitude  Big_Tech  10x 
february 2014
Wes Hall: From mail room clerk to Bay Street power broker
Jan. 30 2014 | The Globe and Mail | Doug Steiner.

Welcome to the full-combat world of activist investing. Wall Street agitators such as Bill Ackman, Barry Rosenstein and Carl Icahn, and a small but growing number of Canadians, such as Greg Boland of West Face Capital, want underperforming executives to raise shareholder returns fast, or get out of the way. And they come armed with detailed business makeover plans, lawyers, investment bankers, PR reps and what, over the past decade, has become one of the most powerful weapons in their arsenal: the proxy solicitation and advisory specialist....What does a proxy specialist do? A generation ago, the job was little more than an administrative position–arranging annual meetings and monitoring the collection of proxy forms from docile shareholders who didn’t have the inclination to attend, and whose shares would then be voted in favour of existing directors and management. Hall began his career in that routine end of the business in the 1990s. He founded Kingsdale in 2003 because he saw a growing and profitable niche: Activists and target regimes needed high-level advice and coaching in shareholder disputes.

Now Hall and a handful of other top Canadian specialists are like the superstar managers who hatch U.S. presidential campaigns. They plot strategy, control written communications to investors, stage cross-country tours, corral shareholder votes and whip their candidates–be it the activist or the target company–into shape, keeping them focused and on-message.
Doug_Steiner  Bay_Street  entrepreneur  movingonup  power_brokers  hedge_funds  West_Face  shareholder_activism  boards_&_directors_&_governance  William_Ackman  Pershing_Square  CP  public_relations  African_Canadians  Wes_Hall  proxy-advisory  niches  insights  superstars 
february 2014
Reopening an Employment Door to the Young - NYTimes.com
FEB. 1, 2014 | NYT | By ROBERT W. GOLDFARB.

Many liberal-arts graduates say they are eager to find an employer willing to train them in skills that don’t require a degree in engineering or computer science. They cite six-sigma analysis, supply-chain procedures, customer service, inventory control, quality assurance and Internet marketing. They want a chance to master one of those skills.

But their pleas appear unlikely to be answered. Most corporate training today is directed at employees who arrive with technical skills already developed — if not through their college degrees, then though specialized internships.
new_graduates  hiring  liberal_arts 
february 2014
Deloitte: Companies Engage in ‘Hidden Market for Data Monetization’ - The CIO Report - WSJ
January 23, 2014 | WSJ | By Michael Hickins.

Companies are engaging in “a hidden market for data monetization,” and are starting to “trade data among themselves for mutual benefit,” according to John Lucker, Deloitte LLP’s market leader for advanced analytics and modeling. The question they still haven’t wrestled to the ground is how much is too much data, and when does trading data cause consumers to revolt.
data  monetization  exhaust_data  privacy  data_marketplaces  CIOs  hidden  latent 
february 2014
Why Imagination and Curiosity Matter More Than Ever - The CIO Report - WSJ
January 31, 2014 | WSJ | By Irving Wladawsky-Berger.

How can you foster imagination and curiosity? This was the subject of the 2011 book co-authored by JSB: A New Culture of Learning: Cultivating the Imagination for a World of Constant Change. One of its key points is that learning has to evolve from something that only happens in the classroom to what that he calls connected learning, taking advantage of all the available resources, including tinkering with the system, playing games and perhaps most important, absorbing new ideas from your peers, from adjacent spaces and from other disciplines....How do you decide what problems to work on and try to solve? This second kind of innovation–which they call interpretation–is very different in nature from analysis. You are not solving a problem, but looking for a new insight about customers and the marketplace, a new idea for a product or a service, a new approach to producing and delivering them, a new business model. It requires the curiosity and imagination.
ideas  idea_generation  STEM  imagination  tacit_data  Roger_Martin  Rotman  critical_thinking  innovation  customer_insights  books  interpretation  curiosity  OPMA  organizational_culture  cross-pollination  second-order  new_businesses  learning  connected_learning  constant_change  Irving_Wladawsky-Berger  worthwhile_problems  new_products  mental_dexterity  tinkerers  adjacencies 
february 2014
GoPro Sees Opportunity in Its Amateur Daredevils - NYTimes.com
By NICK WINGFIELDJAN. 30, 2014

GoPro, the video camera maker, wants to also be known as a media company....GoPro has built a large and passionate following on YouTube and other Internet sites with its adrenaline-soaked and professionally made videos of surfers riding through barrels of waves and skiers parachuting off snow-covered cliffs. Customers have independently uploaded millions of their own videos, too. And many happily label the clips with the term GoPro, which has become a sort of shorthand for action shots.
camera  web_video  YouTube  GoPro  Red_Bull  extreme_sports  stunts  sports  shorthand  digital_media 
january 2014
Reince Priebus: 'The Party of Growth and Opportunity' | National Review Online
By NRO Staff
March 18, 2013
Throughout this process both the co-chairs and I have heard a great deal about the quality of our data–and how that affects our ability to target and persuade voters.

Numerous voices emphasized how we must move to integrate new sources of data and expand access to that data beyond the RNC.

Overhauling our data infrastructure won’t happen overnight. But we will move to invest more resources into data collection and management, and we will integrate data into everything we do.

We will lead by example because we want every campaign, group, and committee to make data a priority.

Therefore, as recommended, we’re hiring a new Chief Digital and Technology Officer who will build out and oversee three important and distinct teams: data, digital, and technology. Those teams will work together to integrate their respective areas throughout the RNC and provide a data-driven focus for the rest of the organization. And they will be the new center of gravity within the organization.
GOP  data  data_driven  political_campaigns  massive_data_sets  analytics  RNC 
january 2014
Cop Watch app records police-citizen interactions | Toronto Star
By: Antonia Zerbisias Feature Writer, Published on Tue Jan 28 2014

Cop Watch Toronto , which was released last week on iTunes.

“Sadly, it’s been years and years of seeing violence in (the black) community,” he said. “Only the fatal ones get serious media attention, but there are dozens and dozens of incidents that happen that get no attention at all — but they are just as traumatic to the people involved.”

The app, which costs 99 cents, is not a new concept. In the U.S. last year, similar apps, such as “ Stop and Frisk Watch ” for New Yorkers, have been released.

Although the aims are the same as Cop Watch Toronto, the operation is not. What Cop Watch does is begin shooting automatically once it’s opened, and as soon as recording is stopped, instantly uploads to YouTube. At the same time, an email is sent to the community-based Network for the Elimination of Police Violence , with the videographer’s location and an URL for the video.
African_Canadians  uWindsor  alumni  mobile_applications  police  police_force  policing  carding  racial_profiling  racial_disparities  community-based 
january 2014
The best tax software - and its pitfalls - The Globe and Mail
PAUL BRENT

Special to The Globe and Mail

Published Monday, Apr. 02 2012,
software  Canadian  taxes 
january 2014
Mall makeover: A new retail fight heats up - The Globe and Mail
TARA PERKINS AND MARINA STRAUSS Jan. 28 2014,

"I said to him, 'Look, you're missing an amazing opportunity,' " Mr. Sullivan recalls. "'We have a mall [the Eaton Centre] that has 50 million people a year walk through it. We are going to announce that we've got a Nordstrom deal shortly. And you have a great store at the other end, the Bay, which you've done a terrific job re-engineering. Why don't you think about putting a Saks in as part of that?....Dramatic changes in the retail landscape are providing a wake-up call for mall landlords, prompting them to replace tired retailers with new ones and leading Cadillac Fairview to launch a makeover of its Eaton Centre. There has been an influx of savvy foreign retailers, and every mall wants to be the first to attract the next big brand that migrates to Canada....."The ultimate goal is to have the right mix of anchors and small shops such that you maximize traffic, you maximize sales, and everyone wins."
Cadillac_Fairview  shopping_malls  HBC  Saks  Nordstrom  Marina_Strauss  retailers  product_launches  makeovers  anchor_tenants  store_within_a_store  luxury  landlords 
january 2014
Market Trends and Retailers’ Strategies in Fresh Produce
26-27 April 2007 | Dr. Marian Garcia, Kent Business School, University of Kent.

Suppliers of fresh produce are less able to differentiate their products at the consumer level
==> They are in a weak bargaining position as price differentiation is almost the only available strategy.

Impact on Fresh Produce Suppliers
* Despite increasing rationalization of the supply base, retailers are still able to switch volumes between suppliers of fresh produce.
* As a result, suppliers of fresh produce are often forced to accept low prices in order to get volume growth, which does little to improve their immediate and long-term financial performance.
* In response to consumer trends and marketing demands, innovative growers of fresh produce have increased their cooperation and involvement with buyers and other members of the supply chain to ensure their produce meet consumer expectations.
* Closer relationships between the various members in the supply chain, ensure information is shared and can be used to improve the competitive position of all members in that supply chain.
fresh_produce  marketing  trends  consolidation  information_flows  grocery  supermarkets  OPMA  strategies  retailers  Tesco  Sainsbury's  ASDA  supply_chains  private_labels  relationships 
january 2014
Hard Things You Need To Do To Be Successful - Business Insider
Jan. 14, 2014

You have to make the call you're afraid to make.
You have to get up earlier than you want to get up.
You have to give more than you get in return right away.
You have to care more about others than they care about you.
You have to fight when you are already injured, bloody, and sore.
You have to feel unsure and insecure when playing it safe seems smarter.
You have to lead when no one else is following you yet.
You have to invest in yourself even though no one else is.
You have to look like a fool while you're looking for answers you don't have.
You have to grind out the details when it's easier to shrug them off.
You have to deliver results when making excuses is an option.
You have to search for your own explanations even when you're told to accept the "facts."
You have to make mistakes and look like an idiot.
You have to try and fail and try again.
You have to run faster even though you're out of breath.
You have to be kind to people who have been cruel to you.
You have to meet deadlines that are unreasonable and deliver results that are unparalleled.
You have to be accountable for your actions even when things go wrong.
You have to keep moving towards where you want to be no matter what's in front of you.
You have to do the hard things. The things that no one else is doing. The things that scare you. The things that make you wonder how much longer you can hold on.

Those are the things that define you. Those are the things that make the difference between living a life of mediocrity or outrageous success.

The hard things are the easiest things to avoid. To excuse away. To pretend like they don't apply to you.

The simple truth about how ordinary people accomplish outrageous feats of success is that they do the hard things that smarter, wealthier, more qualified people don't have the courage — or desperation — to do.

Do the hard things. You might be surprised at how amazing you really are.
affirmations  hard_work  hard_truths  howto  indispensable  invest_in_yourself  It's_up_to_me  JCK  ksfs  next_play  playing_it_safe  self-discipline 
january 2014
New software allows insurers to track driving habits and personalize premiums - The Globe and Mail
OMAR EL AKKAD

The Globe and Mail

Published Monday, Aug. 19 2013,

The ability to monitor and adapt to the behaviour of individual customers, for example, was part of the rationale for last month’s announcement by Loblaw Cos. Ltd. that it will acquire Shoppers Drug Mart Corp. for $12.4-billion. Shoppers’ Optimum loyalty program will give Loblaw purchasing information on some 10 million customers.
Omar_el_Akkad  telematics  insurance  personalization  massive_data_sets  pattern_recognition  data_mining  sensors  meat_space  SAP  Shoppers  loyalty_management  Loblaws 
january 2014
An online revolution - How new digital technologies will change the Canadian political landscape    
Mar 28 2012 | | Campaigns & Elections | by Geoff Sharpe.

Part of the problem is that money plays less of a role in Canadian politics than American politics. Donation and spending limits mean campaigns must use funds cautiously. Innovation is often stifled in favor of the status quo. Campaigns create a website, tweet to their followers and call it digital strategy. South of the border, campaigns and professional consultants invest heavily in client relationship management (CRM) software, data infrastructure and sophisticated outreach tools. Only major parties and well-financed campaigns can afford these technologies; smaller municipal and advocacy campaigns lack advanced tools to capitalize on the emerging and increasingly important digital landscape....Upstart campaign technologies are easy to use, cost very little and can be extraordinary powerful. One such platform is NationBuilder, which provides a number of cutting-edge digital tools including a free website, a social CRM system, fundraising software, campaign database and email service all in one integrated package. Prices start at $20 a month and rise depending on the size of the database....

Geoff Sharpe is an experienced digital and online organizer and currently works for Navigator Ltd. as a digital strategy consultant. He can be reached at gsharpe@navltd.com
Canada  political_campaigns  CRM  Canadian  SaaS  elections  tools  NationBuilder  campaigns 
january 2014
Gaming Your Next Campaign 
Feb 01 2012 | | Campaigns & Elections | by Brett Bell.
political_campaigns  gamification 
january 2014
Big Data Is A Big Factor In 2012                     
Mar 30 2012 | Campaigns & Elections | By Brett Bell.

But as the social media industry continues to mature, so too does the level of sophistication in which campaigns and organizations apply social media tools and techniques. Campaigns are moving away from merely having a social media presence to leveraging social activity to inform and fuel campaign machines....For their part, the Obama campaign is focusing significant attention and resources towards data management. In a series of telling job postings this summer, Obama For America put out the call for data mining and predictive modeling analysts, appealing to the startup community, private sector and data managers within their own Party. One particular job description stated that successful candidates would assist in developing statistical and predictive models to assist in fundraising, digital media and other areas of the campaign....the Obama For America Campaign 2012 launched a Facebook application which requested permission to access your location, name, picture, gender, list of friends and other information that would be valuable to the campaign team
Campaign_2012  massive_data_sets  political_campaigns  data_scientists  data_driven  data_mining  microtargeting  behavioural_targeting  data_management 
january 2014
Davos diary: A new angst settles over the world's elites - The Globe and Mail
John Stackhouse - Editor-in-Chief

Davos, Switzerland — The Globe and Mail

Published Friday, Jan. 24 2014,

Another machine revolution is upon us. There is a new wave forming behind the past decade’s surge of mobile technology, with disruptive technologies like driverless cars and automated personal medical assistants that will not only change lifestyles but rattle economies and change pretty much every assumption about work....For all the talk of growth, though, the global economy is also in an employment morass that has the smartest people in the room humbled and anxious. The rebound is not producing jobs and pay increases to the degree that many of them expected. Most governments are tapped out, fiscally, and can only call on the private sector – “the innovators” – to do more....If a 3-D printer can kneecap your construction industry, or an AI-powered sensor put to pasture half your nurses, what hope is there for old-fashioned job creation?

The new digital divide – it used to be about access, now it’s about employment – stands to further isolate the millions of long-term jobless people in Europe and North America, many of whom have left the workforce and won’t be getting calls when jobs come back.... Say’s Law--a theory that says successful products create their own demand.
creating_demand  Davos  John_Stackhouse  Say’s_Law  Eric_Schmidt  Google  McKinsey  creative_destruction  Joseph_Schumpeter  unemployment  machine_learning  disruption  autonomous_vehicles  bots  chatbots  artificial_intelligence  personal_assistants  virtual_assistants  job_creation  digital_disruption  joblessness  fault_lines  global_economy 
january 2014
Nine big ideas that are changing the world
Jan. 27 2014 | The Globe and Mail |John Stackhouse: DAVOS, SWITZERLAND — The Globe and Mail
China  John_Stackhouse  ideas  Davos 
january 2014
What Drives Success? - NYTimes.com
JAN. 25, 2014 | NYT | By AMY CHUA and JED RUBENFELD.

the strikingly successful groups in America today share three traits that, together, propel success. The first is a superiority complex — a deep-seated belief in their exceptionality. The second appears to be the opposite — insecurity, a feeling that you or what you’ve done is not good enough. The third is impulse control.

Any individual, from any background, can have what we call this Triple Package of traits. But research shows that some groups are instilling them more frequently than others, and that they are enjoying greater success.

It’s odd to think of people feeling simultaneously superior and insecure. Yet it’s precisely this unstable combination that generates drive: a chip on the shoulder, a goading need to prove oneself. Add impulse control — the ability to resist temptation — and the result is people who systematically sacrifice present gratification in pursuit of future attainment.

Ironically, each element of the Triple Package violates a core tenet of contemporary American thinking....The same factors that cause poverty — discrimination, prejudice, shrinking opportunity — can sap from a group the cultural forces that propel success. Once that happens, poverty becomes more entrenched. In these circumstances, it takes much more grit, more drive and perhaps a more exceptional individual to break out.
brainpower  willpower  poverty  movingonup  Amy_Chua  Mormons  ethnic_communities  immigrants  ksfs  self-discipline  perseverance  achievement_gaps  paranoia  Sonia_Sotomayor  overachievers  sacrifice  delayed_gratification  impulse_control  insecurity  exceptionality  superiority_complex  dual-consciousness  cultural_values  hardships 
january 2014
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