The Chicago company is one of the leaders of $32 million in funding for a California-based startup.
But the MIT report also acknowledges that while fears of an imminent jobs apocalypse have been over-hyped, the way technology has been deployed over recent decades has polarized the economy, with growth in both white-collar work and low-paid service work at the expense of middle-tier occupations like receptionists, clerks, and assembly-line workers.
This is not an inevitable consequence of technological change, though, say the authors. The problem is that the spoils from technology-driven productivity gains have not been shared equally. The report notes that while US productivity has risen 66 percent since 1978, compensation for production workers and those in non-supervisory roles has risen only 10 percent.
“People understand that automation can make the country richer and make them poorer, and that they’re not sharing in those gains,” economist David Autor, a co-chair of the task force, said in a press release. “We need to restore the synergy between rising productivity and improvements in labor market opportunity.”
D. MBA) MalaysiaPresident, World Talent Economy Forum (WTEF)
Topic: Space policy.
Moderator-Sharif Uddin Ahmed Rana (Ph. D. MBA) Malaysia.
President, World Talent Economy Forum (WTEF)
Moderator-Sharif Uddin Ahmed Rana (Ph. D. MBA) Malaysia.
President, World Talent Economy Forum (WTEF)
Researchers have been studying chloride’s corrosive effects on various materials for decades. Now thanks to high-performance computers at the San Diego Supercomputer Center (SDSC) at UC San Diego and the Texas Advanced Computing Center (TACC), detailed models have been simulated to provide new insight on how chloride leads to corrosion on structrual metals, resulting in economic and environmental impacts.
Conducted by a team from Oregon State University’s (OSU) College of Engineering, a study discussing this newfound information was published in Materials Degradation, a Nature partner journal.
“Steels are the most widely used structural metals in the world and their corrosion has severe economic, environmental, and social implications,” said study co-author Burkan Isgor, an OSU civil and construction engineering professor. “Understanding the process of how protective passive films break down helps us custom design effective alloys and corrosion inhibitors that can increase the service life of structures that are exposed to chloride attacks.”
Venezuela’s government is planning to move to a fully digital economy as hyperinflation has made worthless bolivar notes practically disappear, and dollarization expands through the local financial system.
The U.S. dollar has operated as an escape valve for Venezuela amid U.S. sanctions and collapsing oil revenues, President Nicolas Maduro said in a televised interview with Telesur on Friday. He said 18.6% of all commercial transactions are in dollars, while 77.3% are carried out in bolivars with debit cards. Only 3.4% are paid with bolivar notes.
“They have a war against our physical currency. We are moving this year to a more profound digital economy, in expansion. I’ve set the goal of an economy that’s 100% digital,” Maduro said, adding that physical money will eventually disappear.
Scientists from Russia and Switzerland have probed into nanostructures covering the corneas of the eyes of small fruit flies. Investigating them the team learned how to produce the safe biodegradable nanocoating with antimicrobial, anti-reflective, and self-cleaning properties in a cost-effective and eco-friendly way. The protection coating might find applications in diverse areas of economics including medicine, nanoelectronics, automotive industry, and textile industry. The article describing these discoveries appears in Nature.
Scientists from Far Eastern Federal University (FEFU, Russia) teamed up with colleagues from University of Geneva, The University of Lausanne, and Swiss Federal Institute of Technology in Zurich for an interdisciplinary research project during which they were able to artificially reproduce the nanocoating of the corneas of fruit flies (Drosophila flies) naturally designed to protect the eyes of the insects from the smallest dust particles and shut off the reflection of light.
The craft of nanocoating meets demands in various fields of economics. It can wrap up any flat or three-dimensional structure, and, depending on the task, give it anti-reflective, antibacterial, and hydrophobic properties, including self-cleaning. The latter, for example, is a very important feature for expensive reusable overnight ortho-k lenses that correct the eyesight. Similar anti-reflective coatings are already known though created by more complex and costly methods. They are being used on the panels of computers, glasses, paintings in museums can be covered with them in order to exclude reflection and refraction of light.
Some 21 residents of a Bat Yam retirement home tested positive for the coronavirus after they were vaccinated but before they had developed antibodies, according to Ynet.
The other 150 residents of the home will be tested for the virus.
Health officials have stressed that the two-dose Pfizer vaccine regimen means that the vaccine is only fully effective about five weeks after the first dose. This means it could take until sometime in February for enough elderly and high-risk people to be vaccinated to help lower the spread of infection and start reopening the economy.
Moreover, the risk of catching coronavirus after the first jab has been confirmed in that some 15000 patients who received the first dose of the vaccine were screened and 428 were confirmed positive for COVID-19 and some 12 people were hospitalized, according to reports. It is possible that some of them were exposed to the virus even before being vaccinated.
On Friday morning, Israel’s one millionth citizen was vaccinated against the novel coronavirus in the presence of Prime Minister Benjamin Netanyahu and Health Minister Yuli Edelstein.
In the not so distant future you could be making money from home by controlling robots, robots that are in another country. Or there will be products, such as a self driving Tesla car, that can go out and earn money on their own.
This video takes a look at the futuristic ways people will be earning money. From telepresence jobs and future business ideas, to new space businesses, and even how people will be storing their money — moving away from cash and credit cards to using chips that are in their bodies.
Elon Musk’s Book Recommendations + Others (Affiliate Links)
• The Hitchhikers Guide to the Galaxy: https://amzn.to/3kNFSyW
• Ignition: https://amzn.to/3i20BgN
• Benjamin Franklin: https://amzn.to/2G24eWX
• Structures: Or Why Things Don’t Fall Down https://amzn.to/36KGCRc.
• The Foundation: https://amzn.to/3i753dU
• Six Easy Pieces (Thinking Behind Physics): https://amzn.to/3mUvIP2
Video Links Mentioned in the Video.
• Elon Musk: The Scientist Behind the CEO
• Robots Cooking: The Restaurant of the Future.
https://youtu.be/zCaDJOGnkuo.
• Space Inc: The New Space Businesses and Tech.