How the Brain Handles Novelty and Routine

When faced with complexity, our first response is to retreat to the familiar, even if the familiar means failing. But in addition to reverting to what is familiar, we also have another reaction: fear. We are hardwired to perceive real change as threatening, so we instinctively reject it. Sure, a few of us have the courage and tenacity to attack the complex, the unknown, and the risky. After all, this is hiow new discoveries are made. But many more of us do not. Why not? It turns out t...

 The Population Must Increase Education to Stay Ahead of T...

...the relative demand for skilled labor is closely correlated with advances in technology, particularly digital technologies. Hence, the moniker “skill-biased technical change,” or SBTC. There are two distinct components to recent SBTC. Technologies like robotics, numerically controlled machines, computerized inventory control, and automatic transcription have been substituting for routine tasks, displacing those workers. Meanwhile other technologies like data visualization, analytics, h...