Curating the Internet: Business, leadership, and management micro-summaries for October 14, 2019
An argument against California's new "Fair Pay to Play" law; An argument for listening to promote free speech; The IRS is adding a crypto-question to the 1040 tax form; An argument that humans and robots are switching places in the labor force; and a Steem essay suggesting that the way you train helps you know what is possible vs. impossible in a martial arts fight
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- In Defense of Amateur Athletics, and Tim Tebow... - This essay takes on California's "Fair Pay to Play" law, which was recently passed and is now set to go into effect in 2023. The law would allow college athletes to be paid for their name, likeness, and image. The article argues that the recent law has opened a Pandora's Box that will lead to a dysfunctional series of outcomes as upper echelon high school graduates begin hiring agents and a free market for college transfer players emerges. It also argues that 99% of players won't benefit from the law, and the market place is happy with the current arrangement, which has survived for more than a century. Additionally, the author argues that much of the press coverage has been one-sided, and suggests that debate is in order before scrapping a system that almost everyone is satisfied with. Personally,
I'm not necessarily in complete agreement with this argument, but I think it's an important discussion.
- Want Free Speech and Meaningful Classes on Campus? Encourage Listening. - SMU professor Jill DeTemple argues that in addition to learning public speaking, students should also be taught and encouraged to listen with "purpose, curiosity, and resilience rooted in a sense of community." The essay notes that it may seem obvious that listening is key for learning and civic engagement, but argues that teaching students to listen is rarely done, and goes on to argue that listening also helps students speak more willingly, enables them to grasp course content better, and helps them understand the "why" of things. Towards this end, she has been piloting a research project by Essential Partners. She says the "model draws upon elements of family therapy, conflict resolution, mediation, appreciative inquiry, organizational theory, neuroscience, and intercultural development." This approach, she argues, has encouraged students to speak more openly on campus, even when they advocate for minority opinions. It has also delivered greater engagement with lectures and the ability to articulate listening as a valuable skill for civic and personal use.
- The IRS Will Now Ask if You Own Crypto in the Most Widely Used US Tax Form - The IRS 1040 tax form for the 2019 tax year will now ask, "At any time during 2019, did you receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency?". IRS software partners have 30 days to submit comments.
- Robots Are Catching Up to Humans in the Jobs Race - The most recent jobs report shows unemployment at a historically low level of 3.5%, but other indicators aren't so rosy. For example, hiring missed projections, wage gains cooled off, and the factory index from the Institute for Supply Management is at its lowest level since 2009. Additionally, a new report from the Federal Reserve Bank of San Fransicso shows a declining share of income for US labor. Against this backdrop, the US has - by far - the largest industrial robot market, and robots are shipping to both cyclical and structural segments of the economy. Further, the cost of industrial robots has plummeted during the last 20 years, and the quality has shown massive improvement. Along with some other data, all of these facts indicate to the author that humans and robots are changing places in the labor force all over the world, including China, Europe, and North America. h/t Communications of the ACM
- STEEM The Way You Train vs The Way You Fight - In this post, @rezoanulvibes suggests that most of the time, martial arts fighting depends on proper training, because that's when the fighter can learn what is possible and what is not. The post also acknowledges that some training techniques (such as low stances) are used to build strength, and they might not actually be used against an actual opponent.(A 10% beneficiary setting has been applied to this post for @rezoanulvibes.)
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