Are Deflationary Forces Here To Stay

By Sol Palha – Re-Blogged From http://www.Silver-Phoenix500.com

Manufacturing output continues to improve, even though the number of manufacturing jobs in the U.S. continues to decline and this trend will not stop. While some Jobs have gone overseas, the new trend suggests that automation has eliminated and will continue to eliminate a plethora of jobs. As this trend is in the early phase, the momentum will continue to build in the years to come.

Machines are faster, cheaper and don’t complain; at least not yet. So from a cost cutting and efficiency perspective, there is no reason to stick with humans. This, in turn, will continue to fuel the wage deflation trend. Sal Guatieri an Economist at the Bank of Montreal in a report titled “Wage Against the Machine,” states that automation is responsible for weak wage growth.

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A Robot Just Performed the First-Ever Surgery Inside the Human Eye

Re-Blogged From https://futurism.com

A new retinal surgery, guided by human surgeons but performed by robots, has just passed clinical trials. Robots bring much more control to delicate surgeries than can be achieved by humans alone. Soon, surgical robots will enable surgeons to perform entirely new operations which the human hand, until now, has been too clumsy to accomplish.

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