Hong Kong is a politically conflicted city and country on the South China Sea, described as employing a ‘one country, two systems’ state. It is an ex colony of Britain that is in a transition stage between British rule and Chinese ownership. In 1997 it was agreed that Hong Kong would be handed over to China as an SAR, ‘Special Administrative Region.’ However it still … Continue reading Hong Kong and SDUs
A cryptocurrency is a digital currency secured by cryptography, which makes it nearly impossible to counterfeit or double-spend. Many cryptocurrencies are decentralized networks based on blockchain technology and they are generally not issued by a central authority. Any investor can purchase cryptocurrency through an exchange. These range from popular options likes Coinbase, apps such as Cash App, or through brokers, as well as through financial derivatives … Continue reading Crypto-currency and the Pinocchio Condition
Over the past 10 years the way we listen to music has been revolutionised by streaming services. Platforms such as Apple Music, Deezer and Soundcloud provide a platform to access almost any song instantly, and a way for artists to distribute their creations without having to press CDs or vinyl. The “headline act” of these is undisputedly the Swedish giant Spotify, which drowns out the … Continue reading Spotify: A Blessing Or A Curse For The Music Industry?
The American Dream is the belief that anyone, regardless of where they were born, or what class they were born into, can attain their own version of success in society. It is the centre of American nationality. It is one of the rare bipartisan issues, and suggests that equality of opportunity is available to any American, allowing the highest aspirations and goals to be achieved. However, increasing income inequality … Continue reading Income Inequality and the Future of the American Dream
Providing food for over 1.3 billion people in the second most populous country (at time of writing) in the world is challenging. However, in 2019, this already arduous job had been compounded by a perfect storm of issues, ranging from a reduction in income to climate change reducing crop yields. This left farmers desperately looking to their government for help. In response to their cries and … Continue reading The Indian Agriculture Issue
The question of automation replacing jobs has been especially debated in recent times. This was initially because of COVID-19, which substantially increased investment into developing new technology due to skyrocketing demand for digital goods. Then, with the breakthroughs in artificial intelligence (AI) research, such as the invention of ChatGPT, the public has begun to worry about higher skilled jobs being at risk too. This essay … Continue reading The World should be More Careful with Automation…
In the early days of automation, machines ruthlessly decimated workers’ place in the commercial order, and it did create jobs – with a twist. Many of those who were displaced were either too geographically immobile (they could not physically access these opportunities), or more commonly, too occupationally immobile (they did not have the necessary skills). Fortunately, increased dynamism in the workforce has dismantled these impediments, refashioning robotisation … Continue reading Why the Doomsayers are Wrong about Robots
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