Lest you think that Biden’s economic pitch for such aid was a one-off event, Politico reported that, in the wake of his Oval Office speech, administration officials were distributing talking points to members of Congress touting the economic benefits of such aid. Politico dubbed this approach “Bombenomics.” Lobbyists for the administration even handed out a map purporting to show how much money such assistance to Ukraine would distribute to each of the 50 states. And that, by the way, is a tactic companies like Lockheed Martin routinely use to promote the continued funding of costly, flawed weapons systems like the F-35 fighter jet. Still, it should be troubling to see the White House stooping to the same tactics.
Yes, it’s important to provide Ukraine with the necessary equipment and munitions to defend itself from Russia’s grim invasion, but the case should be made on the merits, not through exaggerated accounts about the economic impact of doing so. Otherwise, the military-industrial complex will have yet another never-ending claim on our scarce national resources. - TomDispatch
Showing posts with label job creation. Show all posts
Showing posts with label job creation. Show all posts
Saturday, March 2, 2024
Insane levels of military spending are not justified by "jobs!"
Not even if those claims were legitimate.
Saturday, September 2, 2023
Will AI create or destroy jobs?
Heck if I know. I consider it impossible to predict with any confidence, at this time. This is from another take on the matter.
A new study by the International Labour Organization (ILO) has concluded that Generative Artificial Intelligence (AI) is more likely to increase jobs than destroy them by automating some tasks rather than taking them over entirely...
The study, “Generative AI and Jobs”, argues that most jobs and industries are only partially exposed to automation and are more likely to be complemented than replaced by the latest wave of generative AI, such as chatGPT.
Therefore, he argues that “the biggest impact of this technology is likely to be not job destruction, but rather potential changes in the quality of jobs, in particular work intensity and autonomy”...
The study, released by the ILO from its headquarters in this Swiss city, documents notable differences in the effects on countries at different levels of development, linked to economic structures and existing technology gaps. - Pressenza
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