The Daily Populous

Tuesday July 3rd, 2018 morning edition

image for Economists worry we aren’t prepared for the fallout from automation

The paper’s authors, Lukas Schlogl and Andy Sumner, say it’s impossible to know exactly how many jobs will be destroyed or disrupted by new technology.

Automation probably won’t kill jobs, but it’ll create more bad ones.

These changes will likely mean a decline in job security and standards of living for many, which in turn could lead to political dissatisfaction.

Schlogl and Sumner give an overview of proposed solutions to these challenges, but seem skeptical that any go far enough.

One class of solution they call “quasi-Luddite” — measures that try to stall or reverse the trend of automation.

These include taxes on goods made with robots (or taxes on the robots themselves) and regulations that make it difficult to automate existing jobs.

A related strategy is to reduce the cost of human labor, by driving down wages or cutting benefits, for example. »

Thailand cave rescue: Boys found alive after nine days

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Twelve boys and their football coach missing in caves in Thailand for nine days have been found by divers, in a drama that has gripped the nation.

The boys aged 11 to 16 and their coach went to explore the caves on 23 June.

Media playback is unsupported on your device Media caption Footage from the Thai Navy shows rescuers at the Tham Luang caves in Chiang Rai. »

British divers make contact with missing Thai football team

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Rescuers are working to free 12 boys and their football coach who have been found alive nine days after going missing in a flooded cave in Thailand.

Play Video 1:06 Rescuers find Thai boys who were trapped in cave for nine days – video.

Play Video 0:49 'Our brothers are safe': boys found after nine days missing in Thailand cave – video report. »

The boy who stayed awake for 11 days

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It ended on 8 January 1964; 17-year-old Randy Gardner had managed to stay awake for 11 days and 25 minutes.

“[The] first version of it was [to explore] the effect of sleeplessness on paranormal ability,” McAllister explains.

They flipped a coin on who would stay awake and much to McAllister’s relief, he won the toss. »