Menu

Blog

Archive for the ‘economics’ category: Page 111

Jun 28, 2019

the trouble comes when UBI is used as a way of merely making techno-capitalism more tolerable for…

Posted by in categories: business, economics, Elon Musk

So, if something is universal, doesn’t it mean that it will apply to everybody? If so, why are individual countries racing to experiment with UBI? (Sam Altman, chairman of Y Combinator and co-chairman of OpenAI, may be the exception to date but he is attempting that in a silo).

To truly address the root causes of exploitation and inequality, why isn’t the paradigm of ‘I win, you lose’ Nonsense surfaced? Is that because you are so preoccupied with surviving/getting ahead for yourself, you are not aware Business-as-usual is the water we swim in?

Most countries don’t even have a minimum wage but Silicon Valley technocrats like Bill Gate, Mark Zuckerberg, Elon Musk and others globally are universal basic income (UBI) advocates. To expedite the latest Business-as-usual gold rush, UBI could be an initial bait.

Jun 26, 2019

Robots ‘to replace 20 million factory jobs’

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

A huge acceleration in the use of robots will affect jobs around the world, Oxford Economics says.

Jun 24, 2019

World Population Expected to Increase to 9.7 Billion in 2050, United Nations Reports

Posted by in category: economics

(UNITED NATIONS) — The world’s population is getting older and growing at a slower pace but is still expected to increase from 7.7 billion currently to 9.7 billion in 2050, the United Nations said Monday.

The U.N. Department of Economic and Social Affairs’ Population Division said in a new report that world population could reach its peak of nearly 11 billion around the end of the century.

But Population Division Director John Wilmoth cautioned that because 2100 is many decades away this outcome “is not certain, and in the end the peak could come earlier or later, at a lower or higher level of total population.”

Jun 23, 2019

How Jeff Bezos came up with the name ‘Blue Origin’

Posted by in categories: economics, space travel

What’s in a name? A little thought and a good cause, according to Jeff Bezos who was recently pressed about why he named his space company “Blue Origin.”

The Amazon founder recently spoke at the JFK Library for a fireside chat event. During the 50 minute conversation, he was asked about his other company, Blue Origin.

Northwest is primed for the space economy.

Jun 20, 2019

Inside Life on the Frontlines of the Ebola Crisis in Congo

Posted by in categories: biotech/medical, economics, habitats, health

On the frontlines of the Ebola response are local Congolese workers with temporary job contracts. They are often driven into this work by economic necessity, as well as a desire to help.

Belinda Landu, a tall 28-year-old with long hair who radiates confidence, was making a meager living as a tailor in capital city Kinshasa before the outbreak. While visiting her mother in Beni last August, she spotted an advertisement for a health promoter. Today, she’s passionate about her role: decontaminating the houses of confirmed Ebola patients. “I want to stop the spread of the epidemic,” she said. “My family understand I work here to help people. If we get Ebola people will help us too.”

When she arrives at the scene of a recent diagnosis, Landu changes into a full protective outfit, including a full plastic bodysuit, mask, hairnet, gumboots, and both latex and rubber gloves, and begins the slow process of covering everything — inside and outside a house — with a chlorinated spray. Locals gather around to stare at her. They’re often terrified, she says, though she tries to be kind — speaking to them before she starts, and even stopping to play soccer with children after she changes out of her outfit.

Jun 18, 2019

In Japan, This Engineer Is Designing a Miniature Rover to Make the Moon Habitable

Posted by in categories: economics, space

By finding water on the moon, startup Ispace envisions a bustling lunar economy by 2040.

Jun 15, 2019

Is America Ready for Legalized Shrooms? This Psychologist Made of Bees Says “Yes”

Posted by in categories: biotech/medical, economics, law, policy

O.o!


With the growing economic success of legalized recreational marijuana in 11 states it seems that national legalization is right around the corner, but could hallucinogenic mushrooms be next?

The city of Oakland recently decriminalized shrooms, a policy likely to be enacted by the entire state of California. Advocacy groups for the outright legalization of psilocybin have gained a lot of traction in recent years throughout California, Oregon and Colorado. We recently interviewed a respected psychologist who believes that legalized magic mushrooms not only could but should happen in America. He was incredibly wise, and made of hundreds of thousands of bees.

Continue reading “Is America Ready for Legalized Shrooms? This Psychologist Made of Bees Says ‘Yes’” »

Jun 10, 2019

Can Self-Replicating Robots Lead To A Society Without Scarcity?

Posted by in categories: 3D printing, economics, governance, robotics/AI


The status quo of economies today seems to be leaning towards automation as the base provider of all products and services. Owing to rise of robots in factories and AI in computing, automation is becoming one of the most integral parts of society.

While self-replicating robots have largely been kept to science fiction books, their rise is becoming more and more likely with the rise of supplementary technologies such as 3D printing.

This technology could hold the key to a truly post-scarcity society. The question then arises, how would the rise of a post-scarcity society affect human institutions such as economy and governance that rely on scarcity?

Continue reading “Can Self-Replicating Robots Lead To A Society Without Scarcity?” »

Jun 9, 2019

Catalyst: A review of 7 predictions from 2013

Posted by in categories: economics, futurism, governance, government, human trajectories, internet, journalism, transparency

My own 2013 book Catalyst: A Techno-Liberation Thesis offered a prediction of the political future, viewing the near-term future as a time of crisis shaped by the nature of technology and the slowness of states to adjust to it. As this struggle becomes more acute, guarded new technologies will also get stolen and overflow across borders, going global and penetrating every country before they were intended to. States and large companies will react with bans and lies as they try to save their monopolies. Ultimately, over a longer time-frame, the nation-state system will collapse because of this pressure and an uncertain successor system of governance will emerge. It will look like “hell on earth” for a time, but it will stabilize in the end. We will become new political animals with new allegiances, shaped by the crisis, much as the Thirty Years’ War brought about our Westphalian nation-state model. Six years on from my book, are we any closer to what I predicted?

  1. The internet is “liberating” and “empowering” in a political sense (pp. 2, 3)
    • Uncertain outcome. Will current habits of censorship, de-platforming and other techno-enslavement as a result of controversies like “Russiagate” persist or are they temporary? If the economically or commercially favorable course is one of freedom and the removal of all filters and bans, will we see a reversal in the next few years? As younger politicians replace the old, will the internet become a sacred anarchy again?
  2. “Duplicitous policies” preserve the status of rich countries as exploiters and bullies (p. 11)
    • Yes, and it is increasingly obvious. Such policies became exposed and visible under the Trump administration, which openly declares its national interest to lie in the economic deprivation of others and sabotage of their tech. This has been criticized as harmful to free trade, and has been described as “de-globalization”. Even
      ">Russian President Vladimir Putin remarked that the tech war complicates the issue of global inequality
      (a rare observation seemingly asserted only in the Catalyst Thesis before recently).
  3. “Nano” and “bio” appliances will be in the household and will “shrink” production processes, abridging these processes so they are not corporate or state controlled and are in the “hands of the people” (p. 15)
    • This is uncertain. If there has been progress towards this outcome, it is not visible and has not had a major impact on world events. The possibility of it has started to cause concern for states and monopolistic schemes, but this is more in the ‘alarm’ stage rather than the ‘ban’ stage. More time may be needed, before this trend has a deeper impact on society.
  4. The nation-state system is being weakened by technology, media and globalization (p. 16), anti-state forces are “winning”
    • Well, not really. As of 2019, unless everything we just saw was a hiccup in the grand plan of history, the “ideological mask” of exploitation and division — the nation-state system — has reasserted itself. In almost every policy area in every country, the clock is running backward towards nationalism, censorship, borders, walls, and deep paranoia. Almost everyone on the political left and right is part of the problem, wittingly or unwittingly. Whether you support Trump or think he’s a Russian asset, or even care, your views and values are right out of the Nineteenth Century. We have seen the defeat of net neutrality, along with the passive acceptance of censorship on social media in the foolish assumption it will only be used on targets we dislike or who went too far. There seems to have been a lack of any major follow-up disclosures of government abuses on the scale of Edward Snowden’s, and whether it will ever happen again is questionable. With all these things considered, “losing” might be a better description of the situation for anti-government techno-politics as of 2019. If what is happening is not a minor disruption in the flow of history, it is consequential for the Catalyst Thesis and severely undermines its value. If the “soft” battle is lost as described above, and we revert to a society dominated entirely by strong states and corporations, the “hard” battle of techno-liberation may never start in our lifetimes.
  5. Historical transitions are “dark and filled with reaction” (p.23)
    • Yes. This appears to still be the case. The reaction may be what we are already facing, as all elites invested in the old system desperately try to suppress the global political will, motivated by fear of a new world order in which they are demoted.
  6. “Open-borders global political will” will form as a result of the internet, translation software, and the difficulty of statists in managing the overflow of popular technologies and their users (pp. 24, 25)
    • Yes. Almost every attempt by the media conglomerates and/or state to create a uniform public opinion about an election, a global issue, a scandal, etc. is failing because of alleged foreign “trolls”. They cannot be stopped because the internet’s circulatory system is not for one nation, but completely open to the world. That is the whole point of it, the reason it is the internet. The US 2016 election was the most visible example of the loss of control. Repressive and paranoid statements ensued. But, as of 2019, governments and media still gasp at the results they are getting.
  7. We will see new or experimental technologies shared illegally, the way information is leaked (p. 37)
    • Uncertain. Edward Snowden and Wikileaks do not seem to have captured as many imaginations as they should have, given how central they have been in the story of the internet. It is difficult to argue that the next generation will be even more rebellious, if they are to grow up in a much more monitored and conformist society. If the anarchy of the internet is going to be stopped and the smallest infractions punished as treason, this will damage the thinking of younger people who should have grown up noticing the contradictions in society. If, on the other hand, younger people are increasingly trained to be highly capable in the cyber-world (e.g. coding classes), we may see an even bigger generation of cypherpunk rebels accidentally raised by the state.

Catalyst is read in less than a day, and can be found on Kindle as well as in print. It was written to bring together a number of ideas and predictions I presented in https://twitter.com/i/moments/879083385590870018″>articles at the IEET website, h+ Magazine, and other websites and includes full lists of sources. If you prefer to see more first, follow @CatalystThesis on Twitter or sign up to the email newsletter.

Jun 2, 2019

“We will cure diabetes!”

Posted by in categories: biotech/medical, economics, life extension

Ira Pastor, ideaXme longevity and aging Ambassador and Founder of Bioquark interviews Camillo Ricordi, Director Diabetes Research Institute University of Miami and Editor in Chief CellR4. They talk of the science behind the claim “We will cure diabetes!”.

Note: A decision was made to publish this interview despite the quality of the audio as it is still possible to understand the content. For links to research papers contact [email protected].

Continue reading “‘We will cure diabetes!’” »