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Archive for the ‘economics’ category: Page 22

Apr 30, 2023

Investigating the Importance of Investing in Vaccine Manufacturing

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

The protective effects of vaccines have particularly been highlighted during the recent COVID-19 pandemic. Countries able to offer the vaccine demonstrate lowered infection rates and have kick-started the recovery of their economies.

The COVID-19 pandemic has also highlighted the need to proactively develop medical countermeasures to novel pathogens, in addition to advancing supply and manufacturing capacities to meet global demands.

Investing in vaccine manufacturing has both economic and societal benefits, in addition to protecting human health and limiting infection spread.

Apr 29, 2023

Google, Microsoft, Amazon, & Meta put AI on steroids while cutting jobs

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

The quarterly reports by these tech behemoths show their efforts to increase AI productivity in the face of growing economic worries.

The US tech giants like Alphabet, Microsoft, Amazon, and Meta are increasing their large language model (LLM) investments as a show of their dedication to utilizing the power of artificial intelligence (AI) while cutting costs and jobs.

Since the launch of OpenAI’s ChatGPT chatbot in late 2022, these businesses have put their artificial intelligence AI models on steroids to compete in the market, CNBC reported on Friday.

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Apr 22, 2023

We all contribute — should we get paid for that?

Posted by in categories: economics, employment, law, robotics/AI, virtual reality

In Silicon Valley, some of the brightest minds believe a universal basic income (UBI) that guarantees people unrestricted cash payments will help them to survive and thrive as advanced technologies eliminate more careers as we know them, from white collar and creative jobs — lawyers, journalists, artists, software engineers — to labor roles. The idea has gained enough traction that dozens of guaranteed income programs have been started in U.S. cities since 2020.

Yet even Sam Altman, the CEO of OpenAI and one of the highest-profile proponents of UBI, doesn’t believe that it’s a complete solution. As he said during a sit-down earlier this year, “I think it is a little part of the solution. I think it’s great. I think as [advanced artificial intelligence] participates more and more in the economy, we should distribute wealth and resources much more than we have and that will be important over time. But I don’t think that’s going to solve the problem. I don’t think that’s going to give people meaning, I don’t think it means people are going to entirely stop trying to create and do new things and whatever else. So I would consider it an enabling technology, but not a plan for society.”

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Apr 19, 2023

A defence of human uniqueness against AI encroachment, with Kenn Cukier

Posted by in categories: economics, employment, information science, robotics/AI, singularity

Despite the impressive recent progress in AI capabilities, there are reasons why AI may be incapable of possessing a full “general intelligence”. And although AI will continue to transform the workplace, some important jobs will remain outside the reach of AI. In other words, the Economic Singularity may not happen, and AGI may be impossible.

These are views defended by our guest in this episode, Kenneth Cukier, the Deputy Executive Editor of The Economist newspaper.

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Apr 18, 2023

Is artificial intelligence advancing too quickly? What AI leaders at Google say

Posted by in categories: economics, geopolitics, robotics/AI, treaties

It is an unsettling moment. Critics argue the rush to AI comes too fast — while competitive pressure— among giants like Google and start-ups you’ve never heard of, is propelling humanity into the future ready or not.

Sundar Pichai: But I think if take a 10-year outlook, it is so clear to me, we will have some form of very capable intelligence that can do amazing things. And we need to adapt as a society for it.

Google CEO Sundar Pichai told us society must quickly adapt with regulations for AI in the economy, laws to punish abuse, and treaties among nations to make AI safe for the world.

Apr 17, 2023

Educators Needed for a Quantum Future

Posted by in categories: economics, education, employment, government, quantum physics

To build a workforce that can meet the expected future demand in the quantum sector, we need to train many more quantum-literate educators and marshal support for them.

In 2018 the US federal government passed the National Quantum Initiative Act, a program designed to accelerate the country’s quantum research and development activities. In the next decade, quantum information science and quantum technologies are expected to have a significant impact on the US economy, as well as on that of other countries. To fulfill that promise, the US will need a “quantum-capable” workforce that is conversant with the core aspects of quantum technologies and is large enough to meet the expected demand. But even now, as quantum-career opportunities are just starting to appear, supply falls behind demand; according to a 2022 report, there is currently only around one qualified candidate for every three quantum job openings [1]. We call for education institutions and funding agencies to invest significantly in workforce development efforts to prevent the worsening of this dearth.

Most of today’s jobs in quantum information science and technology (QIST) require detailed knowledge and skills that students typically gain in graduate-level programs [2]. As the quantum industry matures from having a research and development focus toward having a deployment focus, this requirement will likely relax. The change is expected to increase the proportion of QIST jobs compatible with undergraduate-level training. However, 86% of QIST-focused courses currently take place at PhD-granting research institutions [3]. Very few other undergraduate institutions offer opportunities to learn about the subject. To meet the future need, we believe that aspect needs to change with QIST education being incorporated into the curricula at predominantly undergraduate institutions and community colleges in the US. However, adding QIST classes to the curricula at these institutions will be no easy task.

Apr 15, 2023

6 Ways That Battery Analytics Can Help Decarbonize Our Economy

Posted by in categories: climatology, economics

To meet climate commitments, we need to use more batteries across many economic sectors. Battery analytics can help to remove risk and increase uptake.

Apr 13, 2023

Meet 10 Women Who Are Leading The Synthetic Biology Revolution

Posted by in categories: bioengineering, biological, biotech/medical, chemistry, computing, economics, sustainability

In the last decade, we have witnessed biology bring us some incredible products and technologies: from mushroom-based packaging to animal-free hotdogs and mRNA vaccines that helped curb a global pandemic. The power of synthetic biology to transform our world cannot be overstated: this industry is projected to contribute to as much as a third of the global economic output by 2030, or nearly $30 trillion, and could impact almost every area of our lives, from the food we eat to the medicine we put in our bodies.

The leaders of this unstoppable bio revolution – many of whom you can meet at the SynBioBeta conference in Oakland, CA, on May 23–25 – are bringing the future closer every day through their ambitious vision, long-range strategy, and proactive oversight. These ten powerful women are shaping our world as company leaders, biosecurity experts, policymakers, and philanthropists focused on charting a new course to a more sustainable, equitable, clean, and safe future.

As an early pioneer in the high-throughput synthesis and sequencing of DNA, Emily Leproust has dedicated her life to democratizing gene synthesis to catapult the growth of synthetic biology applications from medicine, food, agriculture, and industrial chemicals to DNA data storage. She was one of the co-founders of Twist Bioscience in 2013 and is still leading the expanding company as CEO. To say that Twist’s silicon platform was a game-changer for the industry is an understatement. And it is no surprise that Leproust was recently honored with the BIO Rosalind Franklin Award for her work in the biobased economy and biotech innovation.

Apr 12, 2023

Clockwork Orange (1971): Ludovico technique

Posted by in categories: biotech/medical, economics

We have what cures you.


#dystopia #technocracy #AClockworkOrange.

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Apr 5, 2023

Study explores the extent of Western dependency on Russian nuclear energy

Posted by in categories: economics, nuclear energy

Russia’s invasion of Ukraine in February 2022 had a profound deep impact on the economy, inflating the prices of energy and food, with detrimental consequences for both individuals and companies worldwide. As a result, many governments, particularly in Europe, have been discussing the possibility of reducing their dependence on Russian energy.

Most of these ongoing discussions specifically focus on fossil fuel energy, leading to the gradual introduction of sanctions for purchasing Russian coal, oil, and gas. However, Russia is also a key global provider of nuclear power, particularly via a state-owned corporation called Rosatom.

Researchers at the Norwegian Institute of International Affairs (NUPI) have recently carried out a study investigating the activity and global portfolio of Rosatom and its subsidiaries. Their findings, published in Nature Energy, highlight the high degree of European dependency on nuclear energy produced by this company, raising important questions about the need to find alternative energy suppliers.

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