Enterprise CIOs should consider the cost and labor saving benefits of public clouds when used with cloud management services that analyze potential cost spiral issues, utilization issues, and security vulnerabilities.
Third, rising incomes in the poorest ranks spur greater innovations: entrepreneurs find markets with greater purchasing power, larger markets give greater economies of scale for producers, and production facilities search for labor saving innovations.
We can always support jobs by protecting inefficiencies, such as import protection or prohibiting labor-saving technology.
New technology will be introduced along with labor-saving capital investment, and skilled workers will tend to replace unskilled workers.
FORBES: The Minimum Wage Delusion, And The Death Of Common Sense
Governments can save jobs by discouraging new technology or outlawing labor-saving devices like automatic elevators and automated telephone service.
It had relatively high labor costs, which encouraged the search for labor-saving innovations.
Companies have been cutting costs by introducing labor-saving technologies and by moving off-shore.
FORBES: Bernanke Administers Another Cruel Dose Of Financial Morphine With QE3
Ironically, such productivity gains that improve the lot of workers are based on acceptance of new technology, including labor-saving technology.
Employers have a strong incentive to retain better-educated teens and train them, and to hire skilled workers to operate labor-saving equipment.
FORBES: The Minimum Wage Delusion, And The Death Of Common Sense
Businesses usually increase productivity or output per hour worked by developing labor-saving devices and processes, in recent years that has involved computers.
FORBES: Why Fixing America's Schools Means Increasing Teacher Productivity
So little is expected of kids that even adolescents may not know how to operate the many labor-saving devices their homes are filled with.
Think of all the farm jobs lost to tractors and other farm equipment, and all the factory jobs lost to labor-saving technology, equipment, and computers.
Moreover, the decrease in employment will be greater in the long run than in the short run, as employers shift to labor-saving methods of production.
FORBES: Obama's Minimum Wage Hike: A Case Of Zombie Economics
Nick Savadian, executive general manager of the company's U.S. arm, said the robot is aimed at busy homeowners looking for a labor-saving escape from boring chores.
In industry after industry when minimum prices are set on labor either capital ends up getting substituted through investment in labor-saving technology or low-skill jobs move overseas.
Freer trade in that regard is similar to labor-saving technology.
Labor-saving inventions, technology, business processes, and trade all increase productivity output per hour worked and form the basis for higher wages as well as higher profits and the basis for our growing standard of living.
The universal use of the telephone will, of of course, be viewed with disapprobation by the sound-producing part of the community, just as the introduction of labor-saving machines was met by the hostility of the laboring classes.
And third, whether many Republicans realize it or not, there is a strong conservative case to be made for fixing our immigration system by encouraging the free flow of labor and saving illegal immigrants from heavy-handed enforcement tactics.
Manufacturing as a share of private-sector employment has been declining for decades, he said, because of outsourcing and, more importantly, "the rapid pace of labor-saving technological progress, " which is affecting employment in the sector even in developing countries.
WSJ: Bureau of Labor Statistics Forecasts Fastest-Growing Jobs
Mobiles provide a near universal means of advancement because better communication and coordination save time (which translates to saving labor), money, and opportunities.
The labor- and money-saving efficiency of a private jet makes the decision to own and operate one similar to deciding to buy a new CNC machine or an integrated computer system.
Income taxes generally do more economic harm because they are a direct penalty on saving, investment and labor that create new wealth.
That signals a turning point for American companies as they acknowledge that the long-term boost to their reputation from keeping jobs in the country can outweigh the meager cost saving associated with cheap labor.
And they still have plenty of clout with Democrats, including Barack Obama, who put saving General Motors and Chrysler atop his to-do list in part because of his support for labor.
FORBES: How Stealth Tactics Are Making Michigan A Right To Work State
应用推荐