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Archive for the ‘economics’ category

Jun 25, 2016

The top 10 emerging technologies of 2016

Posted by in categories: economics, solar power, sustainability

(credit: WEF)

The World Economic Forum’s annual list of this year’s breakthrough technologies, published today, includes “socially aware” openAI, grid-scale energy storage, perovskite solar cells, and other technologies with the potential to “transform industries, improve lives, and safeguard the planet.” The WEF’s specific interest is to “close gaps in investment and regulation.”

“Horizon scanning for emerging technologies is crucial to staying abreast of developments that can radically transform our world, enabling timely expert analysis in preparation for these disruptors. The global community needs to come together and agree on common principles if our society is to reap the benefits and hedge the risks of these technologies,” said Bernard Meyerson, PhD, Chief Innovation Officer of IBM and Chair of the WEF’s Meta-Council on Emerging Technologies.

The list also provides an opportunity to debate human, societal, economic or environmental risks and concerns that the technologies may pose — prior to widespread adoption.

Jun 25, 2016

President Obama hints at supporting unconditional free money because of a looming robot takeover

Posted by in categories: economics, government, robotics/AI

In his February economic report to Congress, the president offered data that showed a high probability of automation replacing the lowest-paid workers.

Jun 23, 2016

Scientific Innovation Needs the European Union to Succeed

Posted by in categories: bioengineering, biotech/medical, computing, cyborgs, economics, employment, genetics, life extension, neuroscience, robotics/AI, transhumanism

My new Psychology Today story on BREXIT and the EU:


Scientific innovation doesn’t just happen on its own. It takes stable economies, free societies, and open-minded governments. The best environment for science to thrive in is that of collaborating groups incentivized to communicate and cooperate with one another. This is precisely what the European Union is.

And now, more than ever, the union of Europe is needed—because we are crossing over into the transhumanist age, where radical science and technology will engulf our lives and challenge our institutions. Robots will take 75% of the jobs in the next 25 years. CRISPR gene editing technology will allow us to augment our intelligence, perhaps doubling our IQ. Bionic organs will stave off death, allowing 200 year lifespans.

Continue reading “Scientific Innovation Needs the European Union to Succeed” »

Jun 20, 2016

Money Behind First CRISPR Test? It’s from Internet Billionaire Sean Parker

Posted by in categories: bioengineering, biotech/medical, economics, internet

A next wave of cancer treatments may combine immunotherapy and gene editing.

Jun 19, 2016

Genetically enhancing our children could raise interest rates

Posted by in categories: bioengineering, business, economics, genetics, government, neuroscience

Always a trickle down effect on things that improve or change. Just reconfirms and reminds us organically how everything is indeed connected.


Capital tends to have greater value the more skilled and educated the workforce. Anticipating genetically enhanced workers would cause firms to want to invest more now in new equipment and buildings. Many assets, such as real estate and intellectual property, become more valuable the richer a society and so expectations of a much higher economic growth rate would cause companies to spend more buying and developing these assets so that businesses, as well as governments, will wish to borrow more when they realize the potential of human genetic engineering.

Many individuals will reduce their savings rate in anticipation of a future richer society. Today, fear that Social Security won’t survive motivates many Americans to save, but this fear and so this incentive for saving would disappear once genetic engineering for intelligence proves feasible. Furthermore, many citizens would rationally expect future government benefits to senior citizens to increase in a world made richer by genetic engineering and this expectation would reduce the perceived need to save for retirement.

Continue reading “Genetically enhancing our children could raise interest rates” »

Jun 18, 2016

Ultrafast dynamics of semiconductor nanocrystals

Posted by in categories: economics, energy, finance, quantum physics

Spectroscopy studies of charge transfer from cadmium selenide quantum dots to molecular nickel catalysts reveal unexpectedly fast electron transfer, enabling exceptional photocatalytic hydrogen production.

A key challenge facing the US is the harvesting, production, storage, and distribution of energy to support economic prosperity with responsible environmental management. Currently, fossil fuels provide more than 80% of the energy consumed in the US (even when significant increases in the use of alternative sources of energy in recent years are accounted for).1 For the US Department of Defense in particular, volatility in the price and availability of fossil fuels leads to significant short- and long-term financial, operational, and strategic risks.2 There is, therefore, clearly a need for new alternative sources of energy.

Continue reading “Ultrafast dynamics of semiconductor nanocrystals” »

Jun 17, 2016

The case for slower growth – but how? – 46th St. Gallen Symposium | St. Gallen Symposium

Posted by in category: economics

Jun 16, 2016

Aggressive, sparkplug-free gasoline auto engines with high efficiency

Posted by in categories: economics, energy, transportation

Researchers at Sandia National Laboratories’ Combustion Research Facility are helping to develop sparkplug-free engines that will help meet ambitious automotive fuel economy targets of 54.5 miles per gallon by 2025.

They are working on low-temperature gasoline combustion (LTGC) operating strategies for affordable, high-efficiency engines that will meet stringent air-quality standards.

Sandia researchers Isaac Ekoto and Benjamin Wolk said the goal of the LTGC project is an engine in which chemically controlled ignition initiates the combustion of dilute charge mixtures.

Continue reading “Aggressive, sparkplug-free gasoline auto engines with high efficiency” »

Jun 14, 2016

Here’s why the government should give you $1,000 a month

Posted by in categories: economics, government

A proposed government program to give every citizen a guaranteed income might make more sense than you think.

Jun 14, 2016

Silicon Valley’s Audacious Plan to Create a New Stock Exchange — By Ellen Huet and Brad Stone | Bloomberg

Posted by in categories: business, economics

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“Managers, hoping to avoid such jolts, spend too much time focusing on short-term performance. ”

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