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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (21485)	1/16/2005 1:32:38 PM
From: regli	Read Replies (2) \| Respond to of 116555

Haim, good post. Just a comment on automation. I believe that we are going to see a lot more automation in the workplace as well as our production facilities. There still is a lot of room for optimization. We have only scratched the surface in the application of artificial intelligence. In terms of automation, the next two decades will be the decades where the deployment of artificial intelligence will be the productivity driver. The effects on the labor market will be pronounced. It will be sold as the way to battle offshoring but will actually be the key driver to put pressure on wages and compensation. Some of the “benefits” of the DOT COM period are only now being implemented. It takes companies significant time to implement software solutions into successful business systems and derive the full benefits.

To: Haim R. Branisteanu who wrote (21485)	1/16/2005 2:58:50 PM
From: mishedlo	Respond to of 116555

social security, gold, and the US$ safehaven.com

To: Haim R. Branisteanu who wrote (21485)	1/16/2005 3:36:37 PM
From: mishedlo	Read Replies (2) \| Respond to of 116555

CIA report: EU and NATO to dissolve Big News Network.com Monday 17th January, 2005 The European Union will break-up within 15 years as a result of its countries being dragged down by unsustainable welfare programs, a CIA report says. The CIA report warns by 2020, Europe could be thrown into economic decline by its aging population and the post-1945 military alliances of NATO would disband, the Scotsman.com reported. The current EU welfare state is unsustainable and the lack of any economic revitalization could lead to the splintering or, at worst, disintegration of the EU, undermining its ambitions to play a heavyweight international role, the report said. Experts are dubious that the present political leadership is prepared to make even this partial break, believing a looming budgetary crisis in the next five years would be the more likely trigger for reform. Restrictive labor policies, a drop in birth rates and increased longevity would have devastating economic consequences for Europe, the report says. feeds.bignewsnetwork.com