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Archive for the ‘economics’ category: Page 20

Nov 21, 2023

New research maps 14 potential evolutionary dead ends for humanity and ways to avoid them

Posted by in categories: biological, biotech/medical, chemistry, climatology, economics, finance, mapping, robotics/AI, sustainability

Humankind on the verge of evolutionary traps, a new study: …For the first time, scientists have used the concept of evolutionary traps on human societies at large.


For the first time, scientists have used the concept of evolutionary traps on human societies at large. They find that humankind risks getting stuck in 14 evolutionary dead ends, ranging from global climate tipping points to misaligned artificial intelligence, chemical pollution, and accelerating infectious diseases.

The evolution of humankind has been an extraordinary success story. But the Anthropocene—the proposed geological epoch shaped by us humans—is showing more and more cracks. Multiple global crises, such as the COVID-19 pandemic, , , financial crises, and conflicts have started to occur simultaneously in something which scientists refer to as a polycrisis.

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Nov 20, 2023

Revolutionizing Satellite Security: NASA’s Groundbreaking Project To Integrate AI, Blockchain, & Nanosatellites

Posted by in categories: blockchains, economics, internet, robotics/AI, satellites, security

As part of pioneering the security of satellite communication in space, NASA is funding a groundbreaking project at the University of Miami’s Frost Institute for Data Science and Computing (IDSC) which will enable augmenting traditional large satellites with nanosatellites or constellations of nanosatellites.

These nanosatellites are designed to accomplish diverse goals, ranging from communication and weather prediction to Earth science research and observational data gathering. Technical innovation is a hallmark of NASA, a global leader in the development of novel technologies that enable US space missions and translate to a wide variety of applications from Space and Earth science to consumer goods and to national and homeland security.

With advances in satellite technology and reduced cost of deployment and operation, nanosatellites also come with significant challenges for the protection of their communication networks. Specifically, small satellites are owned and operated by a wide variety of public and private sector organizations, expanding the attack surface for cyber exploitation. The scenario is similar to Wi-Fi network vulnerabilities. These systems provide an opportunity for adversaries to threaten national security as well as raise economic concerns for satellite companies, operators, and users.

Nov 20, 2023

Some Uber and Lyft drivers have learned they can make more money if they’re pickier about who they serve

Posted by in categories: economics, transportation

Ken, a 36-year-old Uber and Lyft driver in Houston, drives about four to five hours per day — in addition to his full-time analyst job — to supplement his income. Last year, he earned a combined $25,000 driving for Uber and Lyft from about 2,000 trips, according to screenshots of earnings documents viewed by Business Insider.

While he accepts most rides, he said he prioritizes trips that pay at least $0.80 to $1.00 per mile, excluding vehicle expenses — a ride’s base pay and distance are displayed on the app. He also tries to avoid trips that take him too far out of Houston because he worries he won’t be able to find trips for the ride back. He calls these “empty miles.”

“I have seen a 50-mile trip that only $20 was offered,” Ken previously told Business Insider. “I wouldn’t be doing that.” He asked that his last name not be included for fear of professional repercussions.

Nov 16, 2023

What If Money Expired?

Posted by in category: economics

More than a century ago, a wild-eyed, vegetarian, free love-promoting German entrepreneur and self-taught economist named Silvio Gesell proposed a radical reformation of the monetary system as we know it.


A long-forgotten German economist argued that society and the economy would be better off if money was a perishable good. Was he an anarchist crank or the prophet of a better world?

Nov 13, 2023

US and China set to forbid use of AI technology in autonomous weaponry

Posted by in categories: economics, robotics/AI

Two major powers are coming together to reach an agreement to limit technology for the greater good of humanity.

Presidents Joe Biden and Xi Jinping are poised to pledge a ban on the use of artificial intelligence (AI) in autonomous weaponry.


WhiteHouse/ European Commission.

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Nov 12, 2023

Jim Chanos Calls Tesla Just A ‘Hopes-And-Dreams’ Company

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

Kynikos Associates founder and legendary short seller Jim Chanos has highlighted the disparity between the public perception and actual performance of Tesla Inc. TSLA.

What Happened: In an interview with the Institute for New Economic Thinking, Chanos pointed out a common misbelief held by many Tesla admirers. He said the electric vehicle giant is seen as a multi-faceted entity — an AI firm, an alternative energy business, and a robotics organization.

This image, Chanos argues, is a result of Elon Musk’s compelling portrayal of Tesla as a future-focused company.

Nov 9, 2023

Meta partners with Hugging Face & Scaleway to Support Open Source

Posted by in categories: economics, robotics/AI

Meta has joined forces with Hugging Face, an open source community-driven platform that hosts machine learning models and tools, and Scaleway, European cloud leader for AI infrastructures, to launch the “AI Startup Program”, an initiative aimed to accelerate the adoption of open-source artificial intelligence solutions within the French entrepreneurial ecosystem. With the proliferation of foundation models and generative artificial intelligence models, the aim is to bring the economic and technological benefits of open, state-of-the-art models to the French ecosystem.

Located at STATION F in Paris, the world’s largest startup campus, and with the support of the HEC incubator, the programme will support 5 startups in the acceleration phase, from January to June 2024. A panel of experts from Meta, Hugging Face and Scaleway will select projects based on open foundation models and/or demonstrating their willingness to integrate these models into their products and services.

The startups selected will benefit from technical mentoring by researchers, engineers and PhD students from FAIR, Meta’s artificial intelligence research laboratory, access to Hugging Face’s platform and tools, and Scaleway’s computing power in order to develop their services based on open source AI technology bricks. In addition to LLMs – large language models – startups will also be able to draw on foundation and research models in the field of image and sound processing. Applications are open until 1 December 2023.

Nov 9, 2023

Investments to be a Critical Determinant of Fusion Endeavors

Posted by in categories: economics, nuclear energy

The nuclear fusion industry witnessed tremendous developments in 2023. The year 2022 drew its curtains with the National Ignition Facility (NIF) at Lawrence Livermore National Lab producing a fusion reaction in the laboratory that yielded more energy than was absorbed by the fuel to initiate it. The reaction yielded 1.3 megajoules of energy, about five times the 250 kilojoules that were absorbed by the capsule. This scientific breakthrough sparked an increase in investments in 2023 with new companies joining the race.

The Fusion Industry Association, or FIA, compiled the “Global Fusion Industry Report” of 2023. Pressing for fusion energy to take over as a cleaner source of energy, FIA presented a comprehensive overview of the advancements made in the second quarter of the year in this report. It highlights the effect of a successful ignition or net energy gain in nuclear fusion and its economic consequences.

FIA observed a net increase in investments in the fusion power industry. With $1.4 billion more than the previous year, 27 companies in fusion were able to draw $46 billion in investment. The ignition inspired the emergence of newer and smaller companies which contributed the majority share of the surge in investments. There are two reported big chequeholders securing funding over $100 million in the 2nd quarter—TAE Technologies in California and ENN in China.

Nov 7, 2023

OpenAI ChatGPT Opens The Door For You To Make Money By Easily Devising Income-Producing GPTs Based On What You Know Or What Others Want To Know

Posted by in categories: economics, robotics/AI

A golden opportunity has been unveiled by AI maker OpenAI for those of you who want to turn your use of ChatGPT and GPT-4 into a money-making activity.

Yes, that’s right, serious dough could be had. In short, a new feature known as GPTs gives you a solid chance to go from simply being a hobbyist or fun-filled user of generative AI into someone who garners nice warm cash for your online labors. Plus, whether you want to do so on a heady full-time basis or just as a part-time side hustle is entirely up to you.

In today’s column, I will lay out what this new announcement by OpenAI foretells and indicate how you can leverage the big break that has arisen. It is then up to you to decide what to do next.

Continue reading “OpenAI ChatGPT Opens The Door For You To Make Money By Easily Devising Income-Producing GPTs Based On What You Know Or What Others Want To Know” »

Nov 4, 2023

Will There Be A Nobel Prize For AI?

Posted by in categories: biotech/medical, chemistry, economics, mathematics, robotics/AI

The Nobel Awards Season just ended, with the “Oscars of Science” awarded to some of the world’s brightest minds. The entire science world was watching, and just like with the Oscars, there was an element of suspense, drama, envy, celebration, and happiness. Most of the Nobel Laureates are also phenomenal speakers and communicators with decades of teaching experience, and thousands of people across the world are glued to their monitors to hear their inspiring stories. The Nobel Prizes are awarded in Physics, Chemistry, Physiology or Medicine, Literature, Peace, and Economic Sciences. Unfortunately, there is no Nobel Prize for Computer Science, Mathematics, or Engineering. So, it seems like it… More.


While there is no Nobel Prize for AI, Jumper and Hassabis may be the frontrunners for a Nobel Prize in Chemistry for their discovery of AlphaFold.

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