The 4 Prompts that you can write about with complete creative freedom, from scratch:

1. What would you say is your greatest talent or skill? How have you developed and demonstrated that talent over time? 

2. Beyond what has already been shared in your application, what do you believe makes you stand out as a strong candidate for admissions to the University of California?

Maximum words of 350 words for each question.

In this assessment, you will choose an economically advanced country and a developing country, and will assume the role as an assistant researcher who is tasked with conducting a detailed study of how the different international trade situations and the differing cultural diversity produces the observable disparities between these two countries.

Your research must be detailed and presented in a minimum of a 4-page research paper.

Your paper will describe, how you determined what data to collect, the sources of that data, how you sorted that data, the time periods that the data describes, and how you chose to analyze the data.

Using World Bank data, conduct research to determine how economically different the two countries, that you chose, are by examining and comparing economic and social indicators, such as the following, for the year 2015. Include the data that you collected as an appendix to your final report.

GDP (constant 2010 US$)

GDP per capita (constant 2010 US$)

Exports of goods and services (constant 2010 US$)

Imports of goods and services (constant 2010 US$)

External balance on goods and services (current US$)

External balance on goods and services (% of GDP)

Population, total

Population, female (% of total population)

Population, male (% of total population)

Rural population (% of total population)

Urban population (% of total population)

Life expectancy at birth, female (years)

Life expectancy at birth, male (years)

Employment to population ratio, 15+, total (%) (modeled ILO estimate)

Employment to population ratio, 15+, male (%) (modeled ILO estimate)

Employment to population ratio, 15+, female (%) (modeled ILO estimate)

Individuals using the Internet (% of population)

Adolescent fertility rate (births per 1,000 women ages 15-19)

Prevalence of undernourishment (% of population)

Then, expand your research into the cultural differences, including political structure, average education, and social influences, to determine why these two countries are so different.

World Bank Website Link https://data.worldbank.org/

The following additional resources may help you to familiarize yourself with how multiculturalism and diversity play a significant role in aiding economic growth and development.

https://www.sgsep.com.au/publications/insights/economic-benefits-of-cultural-diversity

https://www.academia.edu/11302119/ETHNIC_CONFLICT_AND_ITS_IMPACT_ON_ECONOMIC_DEVELOPMENT_IN_AFRICA_A_CASE_STUDY_OF_KENYA

would like you to engage in a Socratic debate about the AI and future of work. After reading the following article, please share your views on the issue based on the guiding questions below:

Let us know what are points of view you agree with the article? why?
Let us know what are points of view you DISagree with the article? why?
How do you think the AI revolution is going to affect the Kingdom in the next decade? what are jobs which are more likely to be affected?
What is your recommendation for the business and government in the Kingdom to be ready for the AI revolution?
what is your prediction of how we will work in the decades to come and how artificial intelligence (AI) will transform our daily lives?
If robots were going to most of the works we currently do and we were going to be provided certain income to sustain our life without working, would that be good or bad for us? Why? (think about 3D printing technology which allows producing whatever you need)
thanks!

Oct 27, 2020
U.S. Lost Over 60 Million JobsNow Robots, Tech And Artificial Intelligence Will Take Millions More

Jack Kelly

Pharmacist examining commissioning machine in pharmacy
GETTY

If we didnt have enough to worry aboutCovid-19, a nation divided, massive job losses and civil unrestnow we have to be concerned that robots will take our jobs.

The World Economic Forum (WEF) concluded in a recent report that a new generation of smart machines, fueled by rapid advances in artificial intelligence (AI) and robotics, could potentially replace a large proportion of existing human jobs. Robotics and AI will cause a serious double-disruption, as the coronavirus pandemic pushed companies to fast-track the deployment of new technologies to slash costs, enhance productivity and be less reliant on real-life people.     

Millions of people have lost their jobs due to the effects of the Covid-19 pandemic and now the machines will take away even more jobs from workers, according to the WEF. The organization cites that automation will supplant about 85 million jobs by 2025. WEF says theres nothing to worry about since its analysis anticipates the future tech-driven economy will create 97 million new jobs. Currently, approximately 30% of all tasks are done by machinesand people do the rest. However, by the year 2025, it’s believed that the balance will dramatically change to a 50-50 combination of humans and machines.

Management consulting giant PriceWaterhouseCoopers reported, AI, robotics and other forms of smart automation have the potential to bring great economic benefits, contributing up to $15 trillion to global GDP by 2030. However, it will come with a high human cost. This extra wealth will also generate the demand for many jobs, but there are also concerns that it could displace many existing jobs. 

In a dire prediction, WEF said, While some new jobs would be created as in the past, the concern is there may not be enough of these to go round, particularly as the cost of smart machines falls over time and their capabilities increase.

Concerns of new technologies disrupting the workforce and causing job losses have been around for a long time. On one side, the argument is automation will create better new jobs and erase the need for physical labor. The counterclaim is that people without the appropriate skills will be displaced and not have a home in the new environment.

Banking and financial services employees, factory workers and office staff will seemingly face the loss of their jobsor need to find a way to reinvent themselves in this brave new world. Millions would need to be reskilled to cope with the change, while governments would have to provide stronger safety nets for displaced workers.

More than 120 million workers globally will need retraining in the next three years due to artificial intelligences impact on jobs, according to an IBM survey. The amount of individuals who will be impacted is immense. The worlds most advanced cities arent ready for the disruptions of artificial intelligence, claims management consulting firm Oliver Wyman.

It is believed that over 50 million Chinese workers may require retraining, as a result of AI-related deployment. The U.S. will be required to retool 11.5 million people in America with skills needed to survive in the workforce. Millions of workers in Brazil, Japan and Germany will need assistance with the changes wrought by AI, robotics and related technology.

High-profile business leaders and a small number of politicians are starting to speak out about the potential deleterious effects of transitioning to technology and replacing workers. Computers, intelligent machines and robots seem like the workforce of the future. And as more and more jobs are replaced by technology, people will have less work to do and ultimately will be sustained by payments from the government, predicts Elon Musk, the cofounder and CEO of Tesla.

Mark Cuban, a billionaire in the tech space and owner of the Dallas Mavericks basketball team, said in a CNBC interview, President Donald Trump should be more aware of tech advancements in machine learning and artificial intelligence and how that will impact Americas future. Cuban said, Im willing to bet that these companies building new plants…this will lead to fewer people being employed.

Andrew Yang, former Democratic presidential hopeful, was one of the few candidates and politicians vocalizing concerns over the ascendancy of AI. Yangs official website offered the following:

Advances in automation and Artificial Intelligence (AI) hold the potential to bring about new levels of prosperity humans have never seen. They also hold the potential to disrupt our economies, ruin lives throughout several generations, and, if experts such as Stephen Hawking and Elon Musk are to be believed, destroy humanity.

States and governments have grave concerns over tax collections, as people are phased out and replaced by robots. Many cities are suffering financial challenges, as tax revenues plummeted with the closure of businesses and loss of income from the ranks of the newly unemployed. To compensate for the shortfall, billionaire founder of Microsoft and philanthropist Bill Gates called for a tax on robots, due to the disruption that will occur, resulting in the loss of jobs and tax revenue. Right now, the human worker who does, say, $50,000 worth of work in a factory, that income is taxed and you get income tax, social security tax, all those things. If a robot comes in to do the same thing, youd think that wed tax the robot at a similar level, Gates said in an interview with Quartz. 

AI, robotics and technology are advancing at a furious pace. Were heading into uncharted territory without appropriate regulations, oversight or conversations around what this will do to society. As millions of workers will be displaced, with hopes that they can be retrained, it’s important that this trend needs to be carefully addressed. What will happen if the experts are wrong and we are unable to find jobs for the millions of Americans who no longer have Fourth Industrial Revolution skills? Technological innovation doesnt have to stop, but it has to be monitored and analyzed to ensure that we dont go past the point of no return.

source: https://www.forbes.com/sites/jackkelly/2020/10/27/us-lost-over-60-million-jobs-now-robots-tech-and-artificial-intelligence-will-take-millions-more/?sh=1fbb5d3f1a52

*** There are two parts to this Assignment (Part A & Part B). Refer to the attached article. ***

Tech stocks have pulled back this week as investors have reordered the market’s winner and losers. The Dow Jones Industrial Average continued climbing Tuesday, powered by cyclical stocks like manufacturers and energy companies that are particularly sensitive to the economys trajectory.

A)

Question 1:  What new information was released to the public that caused the Dow and the S&P500 to set intraday records Monday?

Question 2:  Some investors cautioned that this week’s rally was likely overdone.  Why does the article caution investors?  Do you believe there are any other risks the market should be aware of?

Question 3:  Esty Dwek, head of global market strategy at Natixis Investment Managers, states “the positive news about coronavirus vaccines, combined with improvements in the U.S. economic situation, might reduce support among lawmakers for a large fiscal package.  Do you believe the stimulus package will be larger or smaller than the market expects? Why?

Question 4: Why is Tim Courtney, chief investment officer at Exencial Wealth Advisors, not super excited about the market today?

Question 5:  What does Tai Hui, chief Asia market strategist for J.P. Morgan Asset Management in Hong Kong, mean when he states the breakthrough in vaccine development could trigger the rotation out of the outperformers to the underperformers?  Do you agree or disagree and Why?

(Separate your response by question number)

B) 

Post a link to One article that supports One of your responses to the questions above and/or provides more insight on the subject discussed in the article.

Assignment Content

Promoting international trade is not a zero-sum game. It is a win-win proposition; both parties gain from trade.

Consider the following:

Tariffs are paid by the citizens of the country imposing tariffs, not by the citizens of the country producing the products upon which the tariffs are levied.
The term trade deficits is a misnomer. Every countrys trade is always in balance.
Trade deficits do not mean the US no longer produces anything to export. The US is the worlds second largest manufacturer and the worlds second largest exporter of manufactured goods.
Trade deficits reflect a strong economy. Trade deficits rise during economic expansions and fall during economic contractions. Unemployment falls as trade deficits rise and rises as trade deficits fall.
Imports and exports are complements, not competitors. Both are necessary and both contribute to economic growth.
Roughly one-third of all US imports and exports is trade between US multinational companies and their overseas subsidiaries.
Foreign-owned companies operating in the US number in the thousands and provide directly or indirectly jobs for more than 13 million US workers (roughly, 10% of the US workforce).
US trade deficit in goods in 2018 (as a % of GDP) was the same as it was 5, 10 and 15 years earlier.
The rise in US goods trade deficit with China has not increased the US total goods trade deficit. It has been offset by reduced goods imports from other trading partners.
There is a strong correlation between the rise in world trade and:
The rise in world GDP
The dramatic fall in the worlds extreme poverty rate
The rise in world life expectancy
For every US manufacturing job lost to trade between 2000 and 2010, seven US jobs were lost to domestic productivity improvements. Those seven jobs cannot be brought back from overseas because they never left the US.

Write a 700- to 1,050-word evaluation of credible economists unbiased opinions on the benefits, costs, and results of current US trade and tariff policies. Complete the following in your evaluation:

Evaluate how US trade policy changes in the last 2 years affect global trade activities by multinational corporations.
Discuss credible economists opinions on the long-term effects of trade and tariff policies changes in the last 2 years.
Explain the effect of recent changes to trade and tariff policies have had on your employer, you, or someone you know.

Cite at least 2 academically credible sources.

Format your assignment according to APA guidelines.

Question 1. Compare the intensity of competition in the government and market sectors. In other words, which sector — the government or the market — has more competition?

Question 2. How do citizen taxpayers indicate their preferences for the combination of services and taxes offered by state and local governments?

Question 4. The final section of Part 3 of Common Sense Economics proposes nine constitutional modifications that would comprise an Economic Bill of Rights. Read this material carefully. Then choose one of the elements and explain why you either favor or oppose it.

question 1. When political officials are elected democratically, can they be counted on to pursue policies that promote the general welfare of the populace?

2. What is the special interest effect? What does it imply about the efficiency of how goods and services will be allocated through the political process?

3. Visit the Federal Reserve Bank of St. Louis FRED Database ( http://research.stlouisfed.org/fred2/series/FYFSD ).  Locate the latest budget figure available. What is it in millions of dollars? What does this figure indicate about government revenues and expenditures?

*Please answer these questions above in your own words but via reference the ebook I sent you

I need to have an abstract, hypothesis, use 3 scholar articles, and a policy

Topic: Immigration and impact on the economy

    In my research paper I will be talking about immigrants. More importantly about their impact on the economy. In the American society typically when you hear the word immigrant you think of the individual in a negative perspective. Due to the history, public view and social media has made. Talking about the history and the experiences in the past there will be positive and negative actions, perspectives of immigrants. In addition to learning about their past the main focus will be on the impact to the American economy in both positive and negative way. 

Research Question: How do undocumented immigrants persevere the image of legal immigrants in the United States of America? 

Hypothesis:
-Social media, and media by itself has shown the general idea of an immigrant as the antagonist of the society.  Little there is shown about their positive impacts including, being building blocks to economic prosperity in addition to little or close to none representation in the government.  Due to such a negative imagine image in the eyes of the public, discrimination and oppression plays a major role in shaping their lives and their impact.
-High skilled immigrant contribute economic growth and higher production

Article:
The Effects of Immigration on the United States Economy (June 27th ,2016/ Penn State / Budget Model)
    -While some policymakers have blamed immigration for slowing U.S wage growth since the 1970s, most academic research finds little long run effect on Americans wages
    -The available evidence suggests that immigration leads to more innovation, a better educated workforce, greater occupational specialization, better matching of skills with job & higher overall economic productivity.
    -Immigration also has a net positive effect on combined federal, state, and local budgets, but not all taxpayers benefit equally.

Building a More Dynamic Economy: The Benefits of Immigration (June 26th,2019/ AmericanProgress.org)
    -enough get up and go to get up and go
    -Immigrants make up 13.7 percent of the U.S population in 2017
    -30 percent of all new entrepreneurs in the U.S came from immigrants that year
    -Twice as likely as a native-born people to start businesses.
    -Immigrants own, 60% of all gas stations, 58% of all dry cleaners, 53% of all grocery stores, 45% of all nail salons, 38% of all restaurants
Quantitative Analysis:
-Chapter 5 of Borjas- The Wage Effects of Immigration: Structural Estimates
-Chapter 4 of Borjas- The Wage Effects of Immigration: Descriptive Evidence

Policy Analysis:
Immigration Policy/ The Immigration and Nationality Act
Will be able to demonstrate the reuniting and attraction of skilled immigrant labor to United States

Watch the animation video, “Climate Change, Greenhouse Gases, Emission Trading Scheme?”

There has been discussion about the pros and cons of climate treaties like the Kyoto Protocol and the Copenhagen Accord. There has been discussion about the advantages of firms and specific business opportunities that might be generated by going green. Let us also consider the other side and play devil’s advocate on what may be any negatives? In addition, do you think regulation can ensure safe operations, or does business need to engage in activities like renewable energy production in order to learn to how to do it right, and safely?

How can we curb emissions without, at least less, hurting our economy? How can we get other countries to curb their emissions as much as we do? What about developing countries that have horrid air quality, but can’t afford to do much about it?

Requirement:
1.Exceptional level of the main discussion that brings value to the discussion while building on others’ insights.
2.This is an original contribution that stimulates a lot of interesting discussion. It explicitly includes academic research or relevant evidence. It certainly requires inquiry external to the class textbook and readings, which must be correctly referenced.
3.It is a high value-added discussion that brings in new insights, material, and references. A good example includes at least four references in their main posting.
4.The student has explored the comments of many others and contributed to their postings. A good example includes more than eight corresponding postings. Each posting should include at least one reference in their response posting.

Please tell us what you believe are the major flaws in the American banking and financial system, and what it is that we as a nation should do to fix them?   Long-lasting “fixes” to problems require a good understanding of their underlying causes.  So please also describe what you believe are the “root causes” of the flaws in the system that you identify.     For example:
 
— If you think large banks now fund their investments with too much debt and too little equity, explain why banks are behaving that way now?    
 
And/or
 
— If you believe it is wrong for large financial institutions to rely on statistical models to measure the size of “risks” they are taking because, like Keynes, you believe it is impossible to accurately predict the range of future outcomes, then please tell us why you think so many big banks and asset managers continue to use methodologies like “value at risk” even though these statistical measures of risk “fail” on a regular basis.

And/or
 
— If you think the largest banks are not only too big to fail but also too big to exist, please explain why banks have purposely grown as enormpous as they are today?
 
Please assume you are writing this essay to the President of the United States, the Secretary of the Treasury, and the Chairman of the Federal Reserve System.   Assume they will do what you tell them to do, provided you make a solid case for what you are proposing.
 
Please dont focus on what is politically feasible be bold, in both your diagnosis of the problems and your recommended “fixes” to the problems.

about 750 words.