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Is Elon Musk Correct When He Says Governments Cannot Destroy Cryptocurrency?

Cryptocurrency is viewed positively by some investors as a means of eradicating economic disparity. Authorities worldwide are debating how to manage the disruption it may bring. Tesla and SpaceX creator Elon Musk advised governments against attempting to “destroy” them. However, he agreed that they can halt its progress.

The data economy: How AI helps us understand and utilize our data

Similar to the relationship between an engine and oil, data and artificial intelligence (AI) are symbiotic. Data fuels AI, and AI helps us to understand the data available to us. Data and AI are two of the biggest topics in technology in recent years, as both work together to shape our lives on a daily basis…

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It’s Official. China’s Solar Power Can Finally Compete With Coal

The technical potential could rise to ‘nearly 150 PW-hr by 2060′.

The best way to incentivize sustainable energy is to make it affordable.

And the sharp drop in the price of photovoltaic systems has made solar capable of rivaling coal power in China, according to an analysis from researchers published in the journal Proceedings of the National Academy of Sciences of the United States of America.

However, as solar power comes to encompass a greater slice of a national economy’s power grid, it becomes harder to achieve a sustainable balance against the fact that solar can only generate power intermittently, potentially exacerbating energy management challenges.

Full Story:

Xi Jinping’s China Plans To Ban Non-Communist Media Outlets In Yet Another Setback To Free Speech

China could soon outlaw all the news media outlets that are not directly funded by the Communist Party. China’s top economic planner has unveiled a new proposal that would bar private investment in news-related entities. China says that it is proposing to ban private investments to control “unlawful news media-related businesses”. Beijing is preparing to exercise greater control over the news industry, which is already heavily regulated. The current crackdown comes in the midst of a campaign by Xi Jinping to limit the power of private businesses.
#ChinaMediaBan #ChinaCrackdown #Xijinping.

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Deaths Linked to ‘Hormone Disruptor’ Chemical Costs Billions in Lost U.S. Productivity

Daily exposure to chemicals called phthalates, which are used in the manufacture of plastic food containers and many cosmetics, may lead to roughly 100,000 premature deaths among older Americans each year, a new study shows. The resulting annual economic burden is between $40 billion and $47 billion, a value more than quadruple that of previous estimates.


NYU Langone study shows deaths linked to endocrine-disrupting chemicals called phthalates may cost United States billions in lost productivity. Learn more.

Successful artificial reefs depend on getting the context right due to complex socio-bio-economic interactions

Coastal artisanal fisheries, particularly those in developing countries, are facing a global crisis of overexploitation1. Artificial reefs (ARs), or human–made reefs2, have been widely advocated by governmental and non-governmental conservation and management organizations for addressing these issues. Industries, particularly oil and gas, seeking to avoid the costs of removal or conventional disposal of used materials are often major advocates for deploying ARs. Yet, major questions remain regarding the success of such efforts in the context of weak governance and poorly sustained international investment in AR development projects. There is frequently confusion over whether or not ARs should be fishing sites and the precise goals of constructing such ARs are often unclear, making difficult to evaluate their successfulness3. Over the last 40 years, both failures and success AR implementation programs have been reported4,5. The main point of the present work is to underline the importance of the governance issue and address social and management factors on AR “success”.

To improve fishery yields, it has been recommended that ARs must be no-take areas (e.g.,2). Yet, most ARs were historically delineated as sites for fishing4, and were rarely implemented at large scales in/for no-take zones, even in countries with centuries of experience in constructing ARs, such as Japan. In Japan, fishery authorities and local fishers use ARs to promote sustainable catches and to establish nursery grounds of target species6. However, fishery authorities and local fishery cooperatives in Japan have extensive management authority over ARs. For example, fishing around ARs is usually limited to hook and line techniques, with net fishing rarely being permitted in areas where risk of entanglement in ARs is high. Furthermore, during spawning, fishing gear and fishing season are often restricted around ARs in Japan. These practices are recognized for their effectiveness in maintaining good fishing performance and marine conservation in Japan and elsewhere where they have been implemented7.

Attempts to transpose ARs to developing countries have, however, frequently ended in failure8, particularly when project funding comes to an end9. Thus, it is important to provide recommendations to improve the sustainability of AR deployments and realize their biodiversity conservation and fisheries management goals. This is particularly important in developing countries, which are often characterized by poor governance. For fisheries scientists and marine ecologists, the effectiveness of ARs is primarily quantified by surveying fish populations on ARs. In particular, the question of whether ARs facilitate the “production” of new fish or whether they only attract the surrounding fish remains under debate10,11,12. Few studies have documented how ARs are managed, and the impacts of such management8,13, despite the key importance of protecting no-take ARs from illegal fishing being repeatedly highlighted2. Mathematical models, implemented to set the optimal AR volume to maximize catches, suggest that, although attraction and production effects can modulate the response, the effect of ARs on fisheries mostly depends on governance options and efficiency14. Existing models show that fishing exclusively on ARs has consistently negative impacts on the equilibrium of catches. In comparison, ARs can have negative or positive impacts on catches when fishing on areas surrounding them, as a function of the magnitude of the AR attraction effect14. Whether or not ARs are managed as no-take areas influences these phenomena. For instance, on unmanaged ARs, overexploitation risk increases, as fish become more accessible to fishing fleets. In comparison, when fishing is banned on ARs, the fish biomass concentrated near the AR rises, leading to a “spill-over” effect that enhances catch at equilibrium in adjacent fishing areas15.

Viren Shah — VP & Chief Digital Officer, GE Appliances (Haier) — Creating Smart Home Ecosystems

Creating Smart Home Ecosystems — Enabling Health & Well-Being In Every Home — Viren Shah, VP & Chief Digital Officer, GE Appliances, Haier


Mr. Viren Shah is Vice President & Chief Digital Officer, at GE Appliances (GEA — https://www.geappliances.com/), the American home appliance manufacturer, now a majority owned subsidiary of the Chinese multinational home appliances company, Haier (https://www.haierappliances.com/).

Mr. Shah has been with GEA since October 2,018 in which time he was appointed to lead the business through a digital transformation with a focus on data/intelligence at the center of gravity.

Prior to becoming part of the Haier company, Mr. Shah was the CIO at Masco Cabinetry, and CIO Council Leader for their parent company, Masco Corporation, the international conglomerate manufacturer of products for the home improvement and new home construction markets.

Mr. Shah has more than 20 years of global experience in creating business value using technology with a strong focus on customers for Fortune 10 organizations, such as his decade at the Walmart organization. He has contributed as a senior leader towards the success of startups, turnarounds and global mergers and acquisitions.

Why Silicon Valley and Shenzhen Have Exactly The Opposite Problem

“Move fast and break things” doesn’t exactly translate into Mandarin.
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Silicon Valley: History’s Greatest ‘Ponzi Scheme’ (Mini-Documentary) by Jake Tran.
➡️ https://youtu.be/zU5JsP6pUpc.

How to Invest In Chinese Stock Markets (And Why You Absolutely Should Not!)
➡️ https://youtu.be/Qsrt6Hultj8

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Preparing For a World With Longer Life Expectancy

Acclaimed Harvard professor and entrepreneur Dr. David Sinclair believes that we will see human life expectancy increase to at least 100 years within this century. A world in which humans live significantly longer will have a major impact on economies, policies, healthcare, education, ethics, and more. Sinclair joined Bridgewater Portfolio Strategist Atul Lele to discuss the science and societal, political, systemic and ethical implications of humans living significantly longer lives.

Recorded: Aug 30 2021

The Science of Slowing Aging and Increasing Life Expectancy.
0:00 – 19:20

What Increasing Life Expectancy Means for Individuals.
19:20 – 30:40

The Impact on Pension, Healthcare and Education Systems.
30:40 – 44:18

The Economic Benefits of Longer Life Expectancy.

How Facebook is planning to connect 1 billion people to the internet using robotics

Facebook has announced some exciting connectivity technologies that will enable the company to provide access to fast and affordable internet service to the next billion people as well as enhance existing infrastructure projects.

The company said that Facebook Connectivity has helped provide quality internet connectivity to over 500M people since 2013. Now, the company aims to enable affordable, high-quality connectivity for another one billion people at less cost and with greater speed by leveraging emerging technologies.

Commenting on the new connectivity technologies during the unveiling, Dan Rabinovitsj, VP of Facebook Connectivity said: “We have seen that economies flourish when there is widely accessible internet for individuals and businesses.”

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