If Robots Replace People, Should They Be Paying Taxes?

Robot car plantby William E. Rogers MBA, CFP, EA

The capability of artificial intelligence has reached a point that it is no longer a question of if robots will replace people, but a matter of when. Highly automated factory floors, driverless cars, and computerized medical diagnoses all exist today. In the not too distant future it is plausible that a large percentage of highly skilled jobs will be performed by robots. In the fields of engineering, finance, and scientific research computers have already surpassed the ability to process data in a far superior manner than the brightest humans on the planet. [Read more…]

REMAINING RELEVANT AMONGST ROBOTS

human-automationWritten by William E. Rogers MBA, CFP, EA

This is not something out of a science fiction movie, or requires any stretch of the imagination. Every day, every week, and every month that goes by from now until some point in the not so distant future, a new technology is being launched that automates a task once performed by a human. Many of us marvel over all the cool things that our gadgets can do for us. But, have we ever wondered what the world will be like if we suddenly find ourselves one day competing for our jobs against a robot? [Read more…]

4 PILLARS OF ROBUST BUSINESS GROWTH

Many businesses start life small and simple. But with growth comes the need for a stronger company infrastructure and increased operational sophistication. As you pursue a more robust business, focus on these four pillars:

1. Organizational management

Implement a formalized system for measuring performance that begins with written job descriptions and training. Issue a clearly written handbook of company policies. Give employees regular and constructive feedback. [Read more…]