{"id":1782,"date":"2005-09-20T00:03:01","date_gmt":"2005-09-20T00:03:01","guid":{"rendered":"http:\/\/zmetro.com\/?p=1782"},"modified":"2005-09-20T00:03:01","modified_gmt":"2005-09-20T00:03:01","slug":"intelligence_in","status":"publish","type":"post","link":"http:\/\/www.zmetro.com\/?p=1782","title":{"rendered":"Intelligence in the Internet Age"},"content":{"rendered":"<p><a href=\"http:\/\/news.com.com\/Intelligence+in+the+Internet+age\/2100-11395_3-5869719.html?part=rss&#038;tag=5869719&#038;subj=news\">Stefanie Olsen<\/a>:<\/p>\n<blockquote><p><i>Take Diego Valderrama, an economist with the Federal Reserve Bank in San Francisco. If he were an economist 40 years ago, he may have used a paper, pencil and slide rule to figure out and chart by hand how the local economy might change with a 1 percent boost in taxes. But because he&#8217;s a thoroughly modern guy, he uses knowledge of the C++ programming language to create mathematical algorithms to compute answers and produce elaborate projections on the impact of macroeconomic changes to work forces or consumer consumption.<br \/>\nDoes that mean he&#8217;s not as bright as an economist from the 1950s? Is he smarter? The answer is probably &#8220;no&#8221; on both counts. He traded one skill for another. Computer skills make him far more efficient and allow him to present more accurate&#8211;more intelligent&#8211;information. And without them, he&#8217;d have a tough time doing his job. But drop him into the Federal Reserve 40 years ago, and a lack of skill with the slide rule could put an equal crimp on his career.<\/i><\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Stefanie Olsen: Take Diego Valderrama, an economist with the Federal Reserve Bank in San Francisco. If he were an economist 40 years ago, he may have used a paper, pencil and slide rule to figure out and chart by hand how the local economy might change with a 1 percent boost in taxes. But because [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts\/1782"}],"collection":[{"href":"http:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1782"}],"version-history":[{"count":0,"href":"http:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts\/1782\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1782"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1782"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1782"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}