Gongol.com Archives: January 2015
January 17, 2015
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Self-service fast-food kiosks are being pilot-tested at 30 Hardee's restaurants. Welcome to the future: If you don't mind doing some things for yourself, you may get faster service with fewer errors...but do not be surprised over the long term if lots and lots of entry-level jobs get replaced this way. There will be economic and social consequences as a result, making the need to constantly improve our educational system one of our most important priorities as a country. And in tandem with that, we have to ensure that opportunities remain available in the economy -- and that requires big-picture thinking, not government micromanagement.
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It's how the national bank of Switzerland is seeking to re-value its currency. A negative interest rate makes it unpleasant to hold on to the currency, so it pushes people to spend it quickly. In a way, it's the same effect as inflation (since holding on to the money instead of exchanging it quickly for goods and services means you lose buying power), but it's an unusually explicit way of doing so. It's also illustrative for those who wonder why a little bit of inflation is a good thing, but a lot of it (or negative inflation) can be terrible.
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(Video) At least they're trying bold new projects. Not all of them will work.
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It's related to the hacking of the Sony PlayStation and Microsoft Xbox networks on Christmas
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There may be a revival, and there may be other paths they take to market, but time is running out to buy the Google Glass Explorer Edition. Sales end January 19th.