Welcome back to Future. Thanks for subscribing.
Okay, let's start with ...
Illustration: Rebecca Zisser/Axios
Amazon has pulled off one of the most successful public relations coups in memory, creating more than a year of wild public suspense and — among cities — deep longing to host its next headquarters.
The bottom line: In its announcement today, Amazon said that attracting tech talent was a primary reason for selecting Long Island City and northern Virginia. But very few tech grads or workers anywhere in the country appear to be begging for work.
"If your background is data analysis, you are going to get a job right out of school, and you're probably going to do something better than Amazon."— Joel Kotkin, a professor at Chapman University
The critical U.S. shortage of skilled workers appears to be the leading driver for Amazon's decision, says Michael Farren, a fellow at the Mercatus Center, a think tank at George Mason University. Ultimately, Amazon spurned larger, more lavish subsidies offered by other cities.
In fact, a principal part of Virginia's bid was a promise to invest $1 billion in pumping out thousands of added engineering and tech graduates.
What's next: Amazon will scour the schools and attempt to poach from other companies. Kurt Heikkinen, CEO of Montage, a tech recruitment firm, said that the company will have to be flexible as to the credentials of candidates.
Daniel Kahneman. Photo: Craig Barritt/Getty/The New Yorker
Daniel Kahneman, Nobel laureate in economics and renowned psychologist, is known for creating a safe place for the study of happiness. But last evening, over dinner with a small group at George Mason University, Kahneman said happiness isn't all it's cracked up to be.
Instead of happiness, Kahneman said, people would be better off to focus on the reduction of misery. In fact, the world would be better as well, he said.
Kahneman, along with his academic partner Amos Tversky, pioneered the field of behavioral economics. Amos wrote the best-selling "Thinking, Fast and Slow."
Go deeper: Why Daniel Kahneman gave up on happiness
Photo: Glenn Koenig/Los Angeles Times/Getty
For a month, two disabled veterans in Texas labeled photos taken by drones, drawing lines around objects and identifying them. Their work will be used to train artificial intelligence systems.
Axios’ Kaveh Waddell writes: Physical disabilities or a mental health condition like PTSD can make it difficult for a veteran to work in a traditional office or work site. But data labeling can be done on a computer from home.
What's happening: A software company, a defense contractor and two nonprofits are behind a project to provide AI training work for veterans.
The drone-image project is for a large defense contractor. Machine vision systems need a lot of annotated data in order to learn to automatically identify objects.
Photo: Du Yang/China News Service/VCG/Getty
Inside the new industrial revolution (Christopher Mims — WSJ)
Japanese fear robots (Dave Lawler — Axios)
In 1914, they also thought they were in times of peace (Hal Brands — Bloomberg)
The massive, decades-long project to spread information havoc (Adam Ellick, Adam Westbrook — NYT) (video)
How Big Tech spent its tax break (Richard Waters, Andrew Edgecliffe-Johnson — FT)
Photo: Matt Cardy/Getty
Chicken is out; pork is in. President Trump’s tariffs are inflating poultry prices while making it cheaper to bring home the bacon.
The trade war has reduced pork exports to China and Mexico, Reuters reports, increasing supply in the U.S.
Kaveh writes: In response, grocery stores and restaurants are pushing pork. Wendy’s is selling a burger topped with three strips of bacon, and the Food Lion grocery chain has special deals on pork.
The big picture: A volley of tariffs between the U.S. and China have knocked U.S. farmers off-kilter, dealing sharp blows to soybean and corn producers.
What’s next: A new trade agreement between the U.S., Mexico, and Canada could restore pork exports to Mexico and put chicken back on the table.