An estimated 500,000 American drivers may soon be out of work… Tech Crunch reports global ride-sharing titan Uber plans to start utilizing driverless cars as soon as they’re available. Uber’s CEO, Travis Kalanick, says: When there’s no other dude in the car, the cost of Uber becomes cheaper than owning a vehicle… this is the […]
Eighty million U.S. jobs are at risk of automation… That’s according to the Bank of England’s chief economist. He made the projection in a recent speech. The Bureau of Labor Statistics (BLS) reports the U.S. now has about 143 million (non-farm) workers employed. That means 56% of the employed population stand to lose their jobs […]
From Steve D.: Your use of the current state of affairs in the world to hawk a book by Mark is distasteful, at best. You’d do good to spend some of your time looking at the realities of actions in the Middle East and how they’re fulfilling biblical prophecies. We are on the brink of […]
From James Altucher, editor, Top 1% Advisory: I’d lost him millions. I’d stolen his best employees. He had no reason to keep in touch with me. He meets thousands of people every year. But when he got a gift from me (a copy of my new book), he immediately called to say thank you. It […]
From Mark Ford, founder, Palm Beach Research Group: My business partner, Bill Bonner, and I were speaking about our company’s future. Agora is a $400 million-plus publishing business with high profitability and good growth. By any conventional standards, it’s a great business. But Bill isn’t satisfied. His goal is to make Agora a business that’ll […]
If you’re worried about America’s slide as a global economic power, read this: One U.S. company is more valuable than the entire Russian stock market. The map below compares the value of select U.S. companies with entire countries’ stock markets (by market cap). Internet “plumbing” company Cisco is more valuable than every company… employing every […]
From Mark Ford, editor, Creating Wealth: If you could be on a first-name basis with anyone in your trade or industry, who would it be? Whose power—or position—would you most like to gain access to? Who, among all the people you know, could have the most positive impact on your future? Imagine having an address […]