Economy News – Zero Hedge – New Study Says Robots Took All Of Detroit’s Jobs, Not Mexico

Zero Hedge – New Study Says Robots Took All Of Detroit’s Jobs, Not Mexico
by Tyler Durden Mar 28, 2017 10:40 PM
As Trump gets ready to renegotiate NAFTA and impose tariffs on companies looking to outsource production to Mexico, a new study from MIT and Boston University suggests that industrial robots, not Mexico, may be the bigger factor contributing to the high levels on unemployment in the Midwest.
Entitled “Robots and Jobs: Evidence From US Labor Markets,” the authors of the study found that the addition of 1 robot per 1,000 workers results in an 18-35 bps reduction in the employment-to-population ratio and 25-50bps reduction in wages.  Per Bloomberg:
One additional robot per thousand workers reduces the employment-to-population ratio by 0.18 percentage points to 0.34 percentage points and slashes wages by 0.25 percent to 0.5 percent, based on their analysis. To put that in context, the U.S. saw an increase of about one new industrial robot for every thousand workers between 1993 and 2007, based on the study.
“The employment effects of robots are most pronounced in manufacturing, and in particular, in industries most exposed to robots; in routine manual, blue collar, assembly and related occupations; and for workers with less than college education,” the authors write. “Interestingly, and perhaps surprisingly, we do not find positive and offsetting employment gains in any occupation or education groups.”
Worth noting: the authors estimate that robots may have increased the wage gap between the top 90th and bottom 10 percent by as much as 1 percentage point between 1990 and 2007. There’s also room for much broader robot adoption, which would make all of these effects much bigger.

Study – Robots and Jobs: Evidence from US Labor Markets
Daron Acemoglu, Pascual Restrepo
NBER Working Paper No. 23285
Issued in March 2017
As robots and other computer-assisted technologies take over tasks previously performed by labor, there is increasing concern about the future of jobs and wages. We analyze the effect of the increase in industrial robot usage between 1990 and 2007 on US local labor markets. Using a model in which robots compete against human labor in the production of different tasks, we show that robots may reduce employment and wages, and that the local labor market effects of robots can be estimated by regressing the change in employment and wages on the exposure to robots in each local labor market—defined from the national penetration of robots into each industry and the local distribution of employment across industries. Using this approach, we estimate large and robust negative effects of robots on employment and wages across commuting zones. We bolster this evidence by showing that the commuting zones most exposed to robots in the post-1990 era do not exhibit any differential trends before 1990. The impact of robots is distinct from the impact of imports from China and Mexico, the decline of routine jobs, offshoring, other types of IT capital, and the total capital stock (in fact, exposure to robots is only weakly correlated with these other variables). According to our estimates, one more robot per thousand workers reduces the employment to population ratio by about 0.18-0.34 percentage points and wages by 0.25-0.5 percent.

Zero Hedge – The Robots Win: Blackrock Bets On Computers Over Human Stock Pickers, Fires Dozens
by Tyler Durden Mar 28, 2017 6:53 PM
As part of a massive overhaul that has been hinted at in recent months, and was unviled on Tuesday, BlackRock announced a reorganization of its actively managed equities business that will include job losses, pricing changes and a greater emphasis on computer models that inform investments.
BlackRock’s new strategy centers on a view that has been facilitated by the not so stealthy central bank takeover of capital markets in recent years, according to which it is difficult for human beings to beat the market with traditional bets on large U.S. stocks. As a result, at least seven stock portfolio managers are among several dozen employees who are expected to go as part of the revamp.
Instead of handing their funds to other humans for investing purposes, for the first time BlackRock’s Main Street customers will be able to buy lower-cost quantitative stock funds that rely on data and computer systems to make predictions, an investment option previously available only to large institutional investors. This option also virtually assures that the next market crash will be unlike anything ever seen. Some existing funds will merge, get new investment mandates or close.
For now the overhaul is only taking place at Blackrock, and represents the most dramatic attempt to rejuvenate a unit that has long lagged rivals in performance. Clients have pulled their money from the actively managed stock business in three of the past four years even as BlackRock’s total assets climbed to a record $5.1 trillion, according to the WSJ. BlackRock had $275.1 billion in active equity assets under management at the end of December, down from $317.3 billion three years earlier.

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Spiritual News – The Spiritual War IS Seeping Over To The Physical – The Days of Noah Are Upon Us

The Spiritual War IS Seeping Over To The Physical – The Days of Noah Are Upon Us
By Ray Gano –  February 22, 2017
Folks, what I am about to write about I have been chewing on for some time.
For the past three years I have been sitting and watching what is going on in the US as well as in the world.
I have been watching things transpire in the US that honestly blows my mind and I have to ask “do people see what is going on around them? I mean really see?”
It isn’t until recently that the enemy has been showing his hand and the things that Luciferians have been doing and conducting have been coming to light, but I have not been able to put a name to it per say. All I could see out and out ruining of all that is good.
I have been involved in the Bible Prophecy arena now for over 25 years. I have seen a lot, read a lot, studied a lot and researched a lot.
I have known for years that the “Days of Noah” were coming and to be honest I have been living in my own “normalcy bias” not really wanting to see it or deal with it.
That is till we moved out of the US and I was able to watch the US from a far.
Tracye and I have been asking ourselves these past weeks “why did God move us out of the US?”
We had many ideas and had strong convictions. Sure we had many ”whys” answered and God used us while we were here in many ways. But there has always been the “BIG WHY” that seemed to be never answered.
But what is interesting is that for the past 3 years, God has been working in my heart, revealing things to me, seeing the need to live a life of accountable to Him and to myself. Working hard at holding myself up to a higher standard and always trying to do the right thing.  I call this journey being the “Servant Warrior.”
What I Have Witnessed These Past Three Years
Evil takes many forms in this word and particularly in the US. It is strange how we (Tracye and I) have seen the areas of its influence go deeper and deeper into the daily workings people’s lives, the businesses they work at, and social institutions that many are involved in.
I know that this is sounding like some crazy sci-fi script,  and I know that for some it is hard to even fathom, but as I have stated, the enemy has been showing his hand big time this last year to the point that one has to come to the realization that our nation as well as world has been in fact influenced, manipulated and managed.
But who have been pulling these strings, who is this “shadow / dark “ group?
Scripture does identify who…
Ephesians 6:12 For we wrestle not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places.
Rulers of The Darkness of This World
Yes, there are people, “rulers” if you may who have the power to influence to promote and push evil. They are driven by the promise of more power. Unless you have a moral compass, then power will corrupt and ultimate power will corrupt in incredible ways.  These “rulers” have one plan, the ruining of mankind soul, plain and simple.
These people are vile and pure evil. They prey upon human suffering in many guises; it is literal food for these demons in the flesh.

The Days of Noah Are Upon Us – What Are Demons & Are They Fallen Angels?
By Ray Gano –  February 27, 2017
It is critical to the church to come to the realization that we are in fact living in the days that Christ called “The days of Noah.”
The most asked question I got in emails was…
What Are Demons? Are They Fallen Angels?
The quick answer is no. Angels have bodies, they can be touched, they can eat, and do other things that humans can do because they have a body.
Demons are bodiless spirits, in fact evil spirits. They do not have bodies and their biggest desire besides killing us, stealing from us and destroying us is to have a body they can call their own.
Here is an interesting passage from the book of Enoch. NOTE – Enoch is NOT canonized as part of Holy Scripture. It is though excellent reference of history that many historians do value and it does correspond with other historical accounts.
“In those days, when the children of man had multiplied, it happened that there were born unto them handsome and beautiful daughters.  And the angels, the children of heaven, saw them and desired them; and they said to one another, ‘Come, let us choose wives for ourselves from among the daughters of man and beget us children.’ . . . And they took wives unto themselves, and everyone (respectively) chose one woman for himself, and they began to go unto them. . . .
Then Michael, Surafel, and Gabriel observed carefully from the sky and they saw much blood being shed upon the earth, and all the oppression being wrought upon the earth. . . . As for the women, they gave birth to giants to the degree that the whole earth was filled with blood and oppression. And now behold, the Holy One will cry, and those who have died will bring their suit up to the gate of heaven. Their groaning has ascended (into heaven), but they could not get out from before the face of the oppression that is being wrought on earth. . . . And to Gabriel the Lord said, ‘Proceed against the bastards and the reprobates and against the children of adultery; and destroy the children of adultery and expel the children of the Watchers from among the people. And send them against one another (so that) they may be destroyed in the fight, for length of days have they not. . . .’
And when they and all their children have battled with each other, and when they have seen the destruction of their beloved ones, bind them for 70 generations underneath the rocks of the ground until the day of their judgment and of their consummation, until the eternal judgment is concluded. . . . But now the giants who are born from the (union of) the spirits and the flesh shall be called evil spirits upon the earth, because their dwelling shall be upon the earth and inside the earth.  Evil spirits have come out of their bodies. Because from the day that they were created from the holy ones they became the Watchers; their first origin is the spiritual foundation. They will become evil upon the earth and shall be called evil spirits.”
Source —1 Enoch 6:1-2; 7:1; 9:1, 9-10; 10:9; 15:8-9; translation from J. H. Charlesworth, Old Testament
ORDER – Spiritual Warfare by Dr Karl Payne
Demons are the spirits of dead Nephilim, the offspring between the fallen angels and human women.
They do not have souls so they cannot go to heaven nor go to hell,  at least at this present time. Christ tells us that these evil spirits walk the earth’s dry places seeking out rest, but finding none. They are also seeking any host that is open to letting them in either by invitation or by force.
Matthew 12: 43 – 45 When the unclean spirit is gone out of a man, he walketh through dry places, seeking rest, and findeth none.
44 Then he saith, I will return into my house from whence I came out; and when he is come, he findeth [it] empty, swept, and garnished.
45 Then goeth he, and taketh with himself seven other spirits more wicked than himself, and they enter in and dwell there: and the last [state] of that man is worse than the first. Even so shall it be also unto this wicked generation.
How Many Angels Rejected God and Fell With Satan?
During the days of Noah, the pre-flood, fallen angels populated the earth and walked among men. So how many angels fell?Scripture does not say, but we can get a rough idea from Revelation.
Revelation 5:11 And I beheld, and I heard the voice of many angels round about the throne and the beasts and the elders: and the number of them was ten thousand times ten thousand, and thousands of thousands;
Running the quick math we find 10,000 x 10,000 = 100,000,000  (one hundred million)
Now these are angels that were just around the throne of God at the time John was viewing this. Who knows how many more were out doing battle, protecting people, doing other jobs, etc.
Even though we really do not know the actual number, just for the sake of giving us “an idea” let’s use the 100 million number. One third of 100 million is 30 million.  That is a lot of angels that could be populating the earth during the time of Noah and all of those fallen angels taking wives from the human population.
During the days of Noah people were having babies and a rather large rate, which means that the fallen angels were also adding to this population explosion. So much so that the human DNA strain was getting “polluted” with the angel “DNA” and out of those unions came the “Nephilim”

Scientific American – U.S. Science Advisers Outline Path to Genetically Modified Babies
Edited embryos should be allowed in specific contexts, National Academies say
By Sara Reardon, Nature on February 14, 2017
Scientists should be permitted to modify human embryos destined for implantation in the womb to eliminate devastating genetic diseases such as sickle-cell anaemia or cystic fibrosis — once gene-editing techniques advance sufficiently for use in people and proper restrictions are in place. That’s the conclusion of a February 14 report from the US National Academies of Science, Engineering, and Medicine.
The 261-page document follows a 2015 National Academies summit that brought together scientists, ethicists, legal experts and patient groups from around the world. Meeting organizers wanted to survey concerns about human germline editing: genetic modifications to embryos, sperm or egg cells that can be passed on to offspring.
Given the raft of scientific, ethical and legal questions surrounding the issue, the organizers concluded at the time that scientists shouldn’t yet perform germline editing on embryos intended for establishing a pregnancy. But they decided that altering human embryos in the lab for the sake of basic research was acceptable.
The latest report builds on the earlier consensus and outlines strict limits under which scientists could proceed in the future. It recommends restricting the technique to severe medical conditions for which no other treatment exists. It also calls for international cooperation, strict regulatory and oversight framework, public input into decisions and long-term follow-ups of children who have edited genomes. The report adds that for now, genome editing should not be used for human enhancement, such as improving a person’s intelligence or giving them super-strength.

Nazi Technology on Steroids: The Coming Augmented Reality, Where Computers Are ‘Alive’ and Cognitive
By Nate Brown – 03/01/2017
Are you ready for a world where technology and man are one? Science and technology have brought us to the point of “cyber-physical systems” which will soon exist, and this new reality is rapidly unfolding.
As for what that means? Look no further than George Orwell’s book 1984, and the Qualcomm Institute in San Diego and imagine a world where cars and buildings are alive and function like a nervous system. Billions of sensors throughout all walls, frames, floors, and doors which track all forms of movement, and monitor every aspect of life that draws near, like Nazi, Germany on steroids.
No actually, the Nazi’s played a significant role in what is taking place today; in fact, historically – IBM’s cognitive computer was named after it’s founder Thomas J. Watson who worked directly with Adolf Hitler during the years of World War II. Watson was so heavily involved with the Nazi’s that arguably, the Holocaust could not have taken place without him. Moreover, documents portray with crystal clarity the personal involvement and micro-management of IBM president Thomas J. Watson in the company’s co-planning and co-organizing of Hitler’s campaign to destroy the Jews.
IBM’s twelve-year alliance with the Third Reich was first revealed in my book IBM and the Holocaust, published simultaneously in 40 countries in February 2001. It was based on some 20,000 documents drawn from archives in seven countries. IBM never denied any of the information in the book; and despite thousands of media and communal requests, as well as published articles, the company has remained silent…
Among the newly-released documents and archival materials are secret 1941 correspondence setting up the Dutch subsidiary of IBM to work in tandem with the Nazis, company President Thomas Watson’s personal approval for the 1939 release of special IBM alphabetizing machines to help organize the rape of Poland and the deportation of Polish Jews, as well as the IBM Concentration Camp Codes including IBM’s code for death by Gas Chamber. Among the newly published photos of the punch cards is the one developed for the statistician who reported directly to Himmler and Eichmann.
The significance of the incriminating documents requires context.
Punch cards, also called Hollerith cards after IBM founder Herman Hollerith, were the forerunner of the computers that IBM is famous for today. These cards stored information in holes punched in the rows and columns, which were then “read” by a tabulating machine. The system worked like a player piano — but this one was devoted to the devil’s music. First designed to track people and organize a census, the Hollerith system was later adapted to any tabulation or information task.
Fast forward a few years, and IBM has created arguably one of the smartest machines in history, Watson. IBM in recent years drifted to the background of creating computers to focus more on creating systems designed for cognitive computing and augmented reality.

Huffington Post – IBM’s Role in the Holocaust — What the New Documents Reveal
By Edwin Black
Newly-released documents expose more explicitly the details of IBM’s pivotal role in the Holocaust — all six phases: identification, expulsion from society, confiscation, ghettoization, deportation, and even extermination. Moreover, the documents portray with crystal clarity the personal involvement and micro-management of IBM president Thomas J. Watson in the company’s co-planning and co-organizing of Hitler’s campaign to destroy the Jews.
IBM’s twelve-year alliance with the Third Reich was first revealed in my book IBM and the Holocaust, published simultaneously in 40 countries in February 2001. It was based on some 20,000 documents drawn from archives in seven countries. IBM never denied any of the information in the book; and despite thousands of media and communal requests, as well as published articles, the company has remained silent.
The new “expanded edition” contains 32 pages of never-before-published internal IBM correspondence, State Department and Justice Department memos, and concentration camp documents that graphically chronicle IBM’s actions and what they knew during the 12-year Hitler regime. On the anniversary of the release of the original book, the new edition was released on February 26, 2012 at a special live global streaming event at Yeshiva University’s Furst Hall, sponsored by the American Association of Jewish Lawyers and Jurists together with a coalition of other groups.
Among the newly-released documents and archival materials are secret 1941 correspondence setting up the Dutch subsidiary of IBM to work in tandem with the Nazis, company President Thomas Watson’s personal approval for the 1939 release of special IBM alphabetizing machines to help organize the rape of Poland and the deportation of Polish Jews, as well as the IBM Concentration Camp Codes including IBM’s code for death by Gas Chamber. Among the newly published photos of the punch cards is the one developed for the statistician who reported directly to Himmler and Eichmann.
The significance of the incriminating documents requires context.
Punch cards, also called Hollerith cards after IBM founder Herman Hollerith, were the forerunner of the computers that IBM is famous for today. These cards stored information in holes punched in the rows and columns, which were then “read” by a tabulating machine. The system worked like a player piano — but this one was devoted to the devil’s music. First designed to track people and organize a census, the Hollerith system was later adapted to any tabulation or information task.

Big Brother Jumps Air Gap Using Inaudible Sound To Access Computers That Have No Network Connection

http://news.cnet.com/8301-1009_3-57614442-83/malware-jumps-air-gap-between-non-networked-devices/

Computer scientists have developed malware capable of establishing communications between devices that don’t have active network connections. The discovery threatens the perceived protection of the “air gap” that separates standalone devices.

Using the built-in microphones and speakers found on PCs, the lab-created prototype malware uses inaudible audio signals to transmit small amounts of data over covert channels at distances of nearly 65 feet. The distance can be increased by creating a network of devices that repeat the signals.

The proof-of-concept software, detailed in the Journal of Communications, suggests that a lack of an Internet connection isn’t enough to insulate sensitive internal computer systems from the outside world. The research comes after the recent disclosure of mysterious malware that used high-frequency signals to hurdle between non-networked devices.