Archive for the ‘economics’ category: Page 14

Nov 26, 2022

Black Friday 2022 e-commerce reaches record $9.12B, Thanksgiving $5.3B; BNPL and mobile are big hits

Posted by in categories: biotech/medical, economics

Analysts and e-commerce leaders have been predicting a muted online holiday shopping season this year, with sales in the first three weeks of November essentially flat over a year ago due to a weaker economy, inflation, and more people returning to shopping in stores again in the wake of the Covid-19 pandemic. But on the face of it, the Thanksgiving long weekend appears to be more buoyant than expected — albeit growth has definitely slowed down this year after the pandemic-period boom.

Black Friday broke $9 billion in sales for the first time yesterday, with online sales of $9.12 billion, according to figures from Adobe Analytics. This is a record figure for the day, and up 2.3% on sales figures a year ago, and slightly higher than Adobe had estimated leading up to the day. Adobe doesn’t break out volumes in its report, so it’s hard to know if those figures are due to items simply costing more this year because of inflation, or if the higher numbers are a result of more buying.

Black Friday is a key focus for those gauging how the e-commerce market, and consumer confidence, are both faring in what is the most important and biggest period for shopping in the year.

Nov 26, 2022

New research supports creating integrated waste collection systems

Posted by in categories: economics, sustainability

Every year, the EU generates over 2.5 billion tonnes of waste – that’s 5 tonnes per person. The good news is that much of this waste can be recycled and reused. The bad news, however, is that doing so requires proper collection processes, which is often easier said than done.

“The challenge with waste collection is that it is a widely dispersed process,” says Tjerk Wardenaar, a consultant at EGEN, part of the PNO Group, the project’s lead partner. “Individual consumers discard small amounts of waste, local and regional authorities implement collection systems, waste management companies do the actual collecting, recycling companies recover materials, and so on.”

With the support of the EU-funded COLLECTORS project, Wardenaar aims to increase our understanding of how these various steps relate to one another. “Waste collection depends on a combination of social and technical factors,” he explains. “Our goal is to identify best practices that decision makers can use to implement an integrated waste collection system that supports Europe’s transition to a waste-free, circular economy.”

Nov 24, 2022

How to fix insecure operational tech that threatens the global economy

Posted by in categories: biotech/medical, cybercrime/malcode, economics

Check out the on-demand sessions from the Low-Code/No-Code Summit to learn how to successfully innovate and achieve efficiency by upskilling and scaling citizen developers. Watch now.

Today, with the rampant spread of cybercrime, there is a tremendous amount of work being done to protect our computer networks — to secure our bits and bytes. At the same time, however, there is not nearly enough work being done to secure our atoms — namely, the hard physical infrastructure that runs the world economy.

Nations are now teeming with operational technology (OT) platforms that have essentially computerized their entire physical infrastructures, whether it’s buildings and bridges, trains and automobiles or the industrial equipment and assembly lines that keep economies humming. But the notion that a hospital bed can be hacked — or a plane or a bridge — is still a very new concept. We need to start taking such threats very seriously because they can cause catastrophic damage.

Nov 24, 2022

How digital tools can help combat premature deaths from non-communicable diseases

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

Closing the gap on premature deaths from non-communicable diseases is key to economic prosperity, global health and social justice. Digital tools can help tackle the problem.

Nov 23, 2022

Water wars: Causes and possible solutions

Posted by in categories: economics, food

Will today’s wars over oil be over water in the future? For years this question has been at the heart of a scientific debate on the causes of these wars and how they should be studied.

A study published in the prestigious Nature Sustainability by a group of researchers from the Politecnico di Milano has investigated the phenomenon, also in light of “new” types of in which paramilitary groups seem to capitalize on .

In order to define the relationship between water and conflict, speaking only of —or lack thereof—is not enough: in fact, conflicts tend to be associated with specific and complex socio-hydrological conditions, which in turn deal with the socio-economic value of water as a form of livelihood, especially in agriculture, and with the effects that human use of water has on the accessibility of this resource.

Nov 23, 2022

Soil’s Microbial Market Shows the Ruthless Side of Forests

Posted by in category: economics

In the “underground economy” for soil nutrients, fungi strike hard bargains and punish plants that won’t meet their price.

Nov 22, 2022

The coming Moon economy

Posted by in categories: economics, space

NASA’s most recent Moon mission is stoking the flames of a burgeoning lunar economy.

Nov 19, 2022

UP Man’s Startup Shows How to Grow Organic Veggies in PVC Pipes, Save Space & Money

Posted by in categories: economics, food, space

Uttar Pradesh born Mithilesh Kumar Singh has created an urban vertical garden using PVC pipes to save on cost and space, and also runs Veg Roof, a farming startup that shares gardening tips.

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Nov 17, 2022

Copyright and Artificial Intelligence: An Exceptional Tale

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

As the US government begins to consider some of the legal implications for copyright in connection with the development and deployment of artificial intelligence, it is important to first step back to ensure that we are properly guided by context and a proper understanding of our goals — grounded in an informed grasp of the relationship of copyright to the development of AI, and a fair observation of the state of legal developments around the world. Far too many observers have oversimplified how various countries have addressed the relationship between copyright and AI. The reality is that all who have done so have rejected the notion that copyright is not implicated, and have developed legal norms which carefully limit the scope of any exceptions with an eye towards facilitating licensing, even when they seek to expand the development of AI as a national economic imperative.

I have written about the approach taken by the EU in the updated Copyright Directive, and note here that despite claims about Japan’s legislation, even their provisions — as manifested in the 2018 amendments, are designed to avoid conflict with the legitimate interests of copyright owners. While I don’t necessarily agree with Japan’s approach, it is important to highlight that even its exceptions, as I understand them: recognize that text and data mining/machine learning does in fact implicate copyright; apply only to materials that have been lawfully acquired; require that the use of each work is “minor” relative to the TDM effort; and provide that license terms must be honored. While it remains unclear to me that Japan’s goal of respecting copyright as required by international law has been achieved, it is important to understand that claims that Japan has removed copyright as an issue that must be addressed in the development of AI are inaccurate.

Nov 16, 2022

Jeff Bezos plans to give most of his money to charity

Posted by in category: economics

Jeff Bezos says he’ll give most of his money to charity, but will that do much to appease critics of his legacy?

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