Monday, January 04, 2016

Economy

Ford and Toyota partner to compete with Google and Apple on digital dashboards.

Zuckerberg announces plans to build an AI personal assistant. Finally, so sanity on the issue.

GM invests half a billion in Lyft and will set up new service so people without cars can pick up cars and drive for Lyft. This might be a turning point for ride-sharing.

Inflation is not so invisible.
"The reason for this is simple: big banks, corporations, and government entities receive the Fed’s newly-created money long before anyone else, and they bid up the prices of goods before the rest of us can get to purchasing them.
The side effect of this uneven distribution of money is painfully apparent to many at the grocery store. Over the past 15 years, the price of white bread has increased by over 50 percent, while the price of eggs has more than doubled."
It will get worse.

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