Authored by Justin Murray via The Mises Institute,
Time and time again, these pages have listed numerous benefits of automation and robotics. The discussions point out that mechanization doesn’t make us poor, that attempting to tax machines is counter-productive. Automation even makes our jobs safer as we can offload dangerous tasks to a metal creation.
Yesterday we highlighted an article written by the Chicago Tribune's Deputy Editor for Digital News, Kurt Gessler, which provided a fairly compelling set of facts to suggest that Facebook's 'fake news' filter was suppressing the distribution of articles from media sources which undoubtedly consider themselves "legitimate new outlets" (with the definition of 'legitimate' left solely to the discretion of Facebook execs, of course).
Tesla just issued a voluntary recall for approximately 53,000 examples of the Model S hatchback and the Model crossover vehicles, sending the stock back down to $300...
Back in December we wrote about the efforts of Facebook to combat the spread of "fake news" over social media with the introduction of a filter intended to flag 'fake' content so that users wouldn't haven't to go through the hassle of critically analyzing information on their own. As we noted at the time, it was a genius plan, except for one small issue: who determines what is considered "fake news" and how exactly do they draw those conclusions? From our prior post (see "Facebook Launches Campaign To Combat "Fake News""):
Presented with no comment...
Source: MichaelPRamirez.com