Excerpted from Elliott Management’s latest letter to investors, PROGRESS? Some technology represents unquestioned progress, despite causing real challenges to the employment prospects of citizens who are made redundant. For example, recent advances in science and medicine have merely scratched the surface in terms of enhancing our ability to find cures for diseases in an increasingly focused way at sharply diminished cost. Also, the technology of moving people and goods in vehicles and organizing their movement on roads contains tremendous opportunities for cost and energy efficiencies, as do the areas of resource extraction, the development of alternative energy and the efficiency of food production. These are just a few obvious and impactful areas in which technological progress has lots of headroom for human betterment. On the […] Read More
Tag: FaceBook
You’ve seen it thousands of times on Facebook and other social media outlets, there is even a song on the radio about it! Selfies have become a huge trend in social media and psychiatrists and mental health workers are linking them to mental health conditions related to narcissism and a person’s obsession with their looks. According to psychiatrist Dr David Veal: “Two out of three of all the patients who come to see me with Body Dysmorphic Disorder since the rise of camera phones have a compulsion to repeatedly take and post selfies on social media sites.” “Cognitive behavioural therapy is used to help a patient to recognize the reasons for his or her compulsive behaviour and then to learn how to moderate it,” he […] Read More