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Archive for 2. Februar 2019

As Auto Makers Embrace AI, CIOs Become Team Players

Posted by hkarner - 2. Februar 2019

Date: 01-02-2019
Source: The Wall Street Journal

Companies look to better align tech capabilities with business-side goals

Many auto makers looking to ramp up the use of artificial intelligence are turning to teams of senior technology, business and production officials—rather than leaving it to chief information officers or other enterprise IT experts to oversee deployments alone, industry analysts say.

The strategy is aimed at better aligning tech capabilities with business-side goals, they say, mirroring a broader trend across all industries to more closely link corporate IT initiatives—and the role of CIOs—with revenue.

“Companies need two things for a successful transformation, both a sound understanding of the business and the technological capabilities and tools,” Matthias Kässer, a partner at McKinsey focused on technology in the automotive industry, told CIO Journal. Den Rest des Beitrags lesen »

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Wie viel die neue Spitze der Nationalbank verdient

Posted by hkarner - 2. Februar 2019

Also: an der Donau-Uni wird Haber, ehemals profilloser und unkritischer Professor für FINANZWissenschaften ganz furchtbar(!) fehlen! hfk

1. Februar 2019, 09:55 derstandard.at

Der neue Vizegouverneur Haber könnte zwar Fiskalratspräsident bleiben, aber nicht Uni-Professor

Wien – Die Direktoriumsposten in der Nationalbank sind gut dotiert. So verdient derzeit der Gouverneur gut 300.000 Euro im Jahr, der Vizegouverneur knapp 290.000 und die beiden weiteren Mitglieder gut 275.000. Ausgeschlossen sind dafür entgeltliche Nebentätigkeiten. Der designierte Vizegouverneur Gottfried Haber könnte aber Chef des Fiskalrats bleiben, da dies eine ehrenamtliche Tätigkeit ist. Ob Haber den Fiskalrat weiter führen will, ist noch offen. Fix ist nur, dass die Funktionsperiode des gesamten Fiskalratspräsidiums im Herbst nach sechs Jahren ausläuft. Den Job als Vizegouverneur tritt Haber bereits im Juli an. Es könnte also schon recht bald ein neuer Fiskalratspräsident gebraucht werden. Nicht bleiben kann Haber Vizedekan der Fakultät für Gesundheit und Medizin und Universitätsprofessor am Department für Gesundheitswissenschaften und Biomedizin der Donau-Universität für Weiterbildung in Krems. Den Rest des Beitrags lesen »

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Germany’s Slowdown That Dare Not Speak Its Name

Posted by hkarner - 2. Februar 2019

Date: 01-02-2019
Source: The Wall Street Journal

The rise of the AfD and the threat of recession have so far failed to upset the country’s complacency.

Alexander Gauland, co-chairman of the Alternative for Germany party

Of all the reasons to worry about Germany’s economy, the biggest is that Germans themselves don’t seem to be concerned enough about it. The eurozone’s largest member is coasting into a slowdown. Where’s the outrage?

Indignation may be too much to hope for, but surely if Europe’s economic engine is downshifting you’d expect the political class and the economic caste to notice. They’re noticing the data. Berlin this week cut its economic-growth prediction for 2019 to 1% from 1.8%, as business sentiment wobbles. But many German economists and politicians still hope this is only a moderation in the growth rate and not the first step toward a recession.

That’s how you end up with the policy debates Germany has at the moment.
Those include a plan unveiled over the weekend to phase out coal-fired power generation over the next 20 years, at a cost of €40 billion on top of the tens of billions of euros Berlin already has spent on its so-called Energiewende, the “energy transformation” to nowhere. Then there’s the plan voiced by Finance Minister Olaf Scholz a few days ago to increase taxes on the middle class (to 45% from 42% starting at incomes as low as €56,000, or around $64,000) lest the government’s books fall into the red as a downturn weighs on revenues. Den Rest des Beitrags lesen »

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How Brussels should respond to Britain’s confused demands

Posted by hkarner - 2. Februar 2019

Date: 31-01-2019
Source: The Economist

Brexit is a problem that only Britain can fix—but the EU must give it the time to do so

Theresa may has become so used to losing votes in the House of Commons that when, on January 29th, the prime minister got mps to back her on a motion regarding her Brexit deal, it was treated as a breakthrough. “She did it!” announced one front page the next morning. Another hailed “Theresa’s triumph”.

Alas, it is anything but. mps agreed that they would support the exit deal she has agreed to with the European Union, so long as the Irish “backstop” was removed (see article). But on the crucial question of what might replace it—something that negotiators in Brussels have spent almost two years scratching their heads over—the motion suggested no more than unspecified “alternative arrangements”. Mrs May vowed to take this vague demand to have her cake and eat it back to Brussels.

She will get short shrift, and she deserves it. A sensible approach to the Brexit talks would have been to agree at home on what kind of deal to go for, then begin negotiations. The prime minister did the opposite, talking to the eu for nearly two years before coming back to find that her treaty could not pass her own Parliament. With less than two months before Brexit day, she now proposes to reopen negotiations on what she herself recently insisted was “the only possible deal”. Den Rest des Beitrags lesen »

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How to tax the rich

Posted by hkarner - 2. Februar 2019

Date: 31-01-2019
Source: The Economist

And how to limit the economic damage

During his lesser-known run for president, which began in 1999, Donald Trump proposed levying a wealth tax on Americans with more than $10m. He may soon find himself campaigning on the other side of the issue. That is because Democrats are lining up to find ways to tax the rich. Senator Elizabeth Warren, who wants Mr Trump’s job, has called for an annual levy of 2% on wealth above $50m and of 3% on wealth above $1bn. Alexandria Ocasio-Cortez, a prominent new left-wing congresswoman, has floated a top tax rate of 70% on the highest incomes.

In one way these proposals are a relief. Left-wing Democrats have plenty of ideas for new spending—Medicare for all, free college tuition, the “Green New Deal”—that would need funding. Mainly because America is ageing, but also boosted by Mr Trump’s unfunded tax cuts, the debt-to-gdp ratio is already expected to nearly double over the next 30 years. If a future Democratic administration creates new spending programmes while maintaining existing ones, higher taxes will be necessary. Den Rest des Beitrags lesen »

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