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Archive for the ‘economics’ category: Page 106

Sep 15, 2019

Artificial Intelligence and India

Posted by in categories: economics, education, engineering, food, government, health, internet, robotics/AI

The competition between the United States and China on artificial intelligence is heating up recently. In the coming AI Race, can India with an abundance of engineering talent really catch up with the US and China?

Artificial Intelligence, Machine Learning, Robotics, and The Internet of Things (IoT) are one of the rapidly advancing technological developments. The rate of progress in the field of these is amazingly rapid. From SIRI to self-driving cars, artificial intelligence is changing our daily life in many ways.

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Sep 13, 2019

More than 500 Intelligence Genes Discovered

Posted by in categories: economics, education, genetics

Are humans born with “intelligence” genes, or is human intelligence determined by environmental factors, such as economic status or easy access to education?

When a team of researchers set out to answer this question, they discovered that more than 500 genes were associated with intelligence. The results, published in Nature Genetics, indicate that intelligence is much more complex than previously thought.

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Sep 13, 2019

Over Next Three Years, Employees will Need Reskilling as AI Takes Jobs

Posted by in categories: business, economics, Elon Musk, employment, robotics/AI

IBM HR Director Diane Gherson says that over the next three years, 120 million workers will need retraining as artificial intelligence continues to take jobs.

Artificial intelligence is obviously ready to get started. Over the next three years, about 120 million workers from the 12 largest economies in the world may need to undergo retraining due to advances in artificial intelligence and intelligent automation, according to a study published on Friday by the IBM Institute of Business Value. However, less than half of the CEOs surveyed by IBM said they had the resources needed to bridge the skills gap caused by these new technologies.

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Sep 11, 2019

This startup is outsourcing production to space

Posted by in categories: economics, space

This aptly named startup is eyeing extraterrestrial outsourcing.

Made in Space has plans to produce ZBLAN wire on the International Space Station and have it shipped back to Earth for humans to use, reports Wired.

Both Made in Space CEO Andrew Rush and NASA (currently the company’s primary investor and customer) hope this could be the start of the “low-Earth orbit economy,” per Wired.

Sep 11, 2019

The key question for the new economy: who owns the data?

Posted by in category: economics

The essence of the issue is property rights, which now extend to rights over individuals’ personal data. Traditionally, property rights referred to control of tangible assets, such as gold or oil, or control of intangible assets like patents and copyrights. In the digital era, technology can create huge amounts of intangible assets from individuals’ data without their knowledge. How the data is used could bring not only great benefits but also, potentially, great harm. This raises a crucial question: who has the right to control over these new assets?


Recognising and protecting property rights to each individual’s data or all individuals’ data is vital to determining the fate of the new economy.

Sep 8, 2019

Tesla battery researcher unveils new cell that could last 1 million miles in ‘robot taxis’

Posted by in categories: economics, Elon Musk, robotics/AI, transportation

When talking about the economics of Tesla’s future fleet of robotaxis at the Tesla Autonomy Event, Tesla CEO Elon Musk emphasized that the vehicles need to be durable in order for the economics to work:

“The cars currently built are all designed for a million miles of operation. The drive unit is design, tested, and validated for 1 million miles of operation.”

But the CEO admitted that the battery packs are not built to last 1 million miles.

Sep 6, 2019

James Strole — Director of the Coalition for Radical Life Extension / Producer of RAADfest — ideaXme Show — Ira Pastor

Posted by in categories: aging, bioengineering, biotech/medical, cryonics, DNA, economics, futurism, genetics, health, life extension

Sep 4, 2019

The Race to Own One Bitcoin

Posted by in categories: bitcoin, cryptocurrencies, economics, finance

Owning one full bitcoin is becoming a recognized attainment goal. And thereby hangs a tale.

Is it just a numbers game? Isn’t the unit a bit arbitrary and meaningless?…

The logistics and the math are compelling. I recognized the importance of reaching this personal milestone more than 8 years ago. But I was a nobody. No one cared. Then, in April 2019, we started to see articles in legitimate venues about this concept—and articulated in exactly this way. I borrowed the title of this post from this article in Medium.

Who Says So?

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Sep 3, 2019

Nation’s first all-digital nuclear reactor dedicated at Purdue

Posted by in categories: economics, education, nuclear energy

Purdue University will support public and private research partnerships at the nation’s first digitally operated nuclear reactor, the school said in a Tuesday press release. Scientists and engineers will look to answer the question of how reliable and resilient an all-digital nuclear reactor, named Purdue University Reactor Number One (PUR-1), can be.

“As the United States and the world continue to implement digital technology, that introduces both strengths and vulnerabilities that need to be explored and understood because our economy relies on the resiliency of these systems,” Clive Townsend, supervisor for the reactor, said in a statement.

Before PUR-1 was converted to digital technology, all US reactors worked using analog technology like vacuum tubes and hand-soldered wires, Townsend said in the release. Purdue’s facility will be the US’ first cyber-nuclear testbed for researchers and corporate partners. It’s licensed by the US Nuclear Regulatory Commission, which ensures safe use of radioactive materials.

Aug 29, 2019

Johnny 5 — The First Robotic US Citizen

Posted by in categories: economics, education, law, robotics/AI

Should citizenship be restricted to humans?

Scene taken from the film Short Circuit 2 (1988).

FAIR USE NOTICE:

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