The Artificial Intelligence Contagion: Can Democracy Withstand the Imminent Transformation of Work, Wealth and the Social Order? by David Barnhizer & Daniel Barnhizer

Author:David Barnhizer & Daniel Barnhizer [Barnhizer, David & Barnhizer, Daniel]
Language: eng
Format: epub
Tags: Political Science, Public Policy, Science & Technology Policy, Business & Economics, Economic Conditions
ISBN: 9780999874783
Google: CSiWDwAAQBAJ
Publisher: SCB Distributors
Published: 2019-04-30T23:00:00+00:00

That rapidly growing national debt doubled between FY 2008 and FY 2017. On September 30, 2008 the accumulated National Debt was slightly over $10 trillion. At the close of business for FY 2017 on September 30, 2017 that debt had doubled to more than $20 trillion and is still expanding to the point that another $1 trillion-plus “hit” is being added just in 2018 and the official total passed $21 trillion only halfway through the 2018 fiscal year. It is now impossible to close the gaps through any achievable strategy of taxation or spending cuts.

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