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Archive for the ‘economics’ category: Page 3

Apr 7, 2022

The AI Supremacy: Who Will Take the Lead in this Global Race?

Posted by in categories: economics, robotics/AI

Artificial intelligence is a target for every existing industry Or is it just another hyped innovation? It comes with no surprise how AI today becomes a catchall term that is said out loud in the job market. The US and China are in nip and tuck in the AI race for supremacy. Although China aims to be the technology leader by 2030, the economy is still at a struggle phase with a slowdown and trade war with the US. Emerging trends in artificial intelligence (AI) significantly points toward having a geopolitical disruption in the foreseeable future. As much as the fourth industrial revolution augmented the rise of advanced economies, so will machine learning and artificial intelligence transform the world.

Apr 6, 2022

Hyundai outlines its hydrogen aviation plans, including regional eSTOLs

Posted by in categories: economics, sustainability, transportation

And they could enter service by 2030.The automotive world is transforming to meet the needs of the future.


Hyundai has already made it very clear that it’s making a serious play at next-gen electric aviation, establishing its own eVTOL subsidiary Supernal late last year and promising to flex its automotive-grade manufacturing muscle to get air taxis built in bulk. Now, the company has made a presentation at the Vertical Flight Society’s H2 Aero workshop to confirm that it’s also bringing its hydrogen expertise into the aviation world.

Hyundai/Kia and Toyota, of course, have been the two main hydrogen fuel cell stalwarts in the automotive industry. Batteries make more sense for most passenger car applications globally, but Japan and Korea are committed to building a “hydrogen economy” powering much more than personal transport, so these companies in particular have persisted with building and selling relatively small numbers of fuel cell-electric cars like the Nexo and Mirai.

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Apr 6, 2022

Why AGING Therapies Will Be AFFORDABLE To Us | Dr David Sinclair Interview Clips

Posted by in categories: biotech/medical, economics, genetics, life extension

The only way life extension would remain financially out of reach is if we vote ourselves into a dystopia.


Dr David Sinclair explains why aging therapies will be eventually affordable to us in this clip.

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Apr 5, 2022

Space Symposium: NASA Leaders on Building the Space Economy with the Artemis Program

Posted by in categories: economics, space travel

NASA associate administrators participate in a panel on the collaboration of the Artemis Program and the aerospace industry in building the space economy at the 37th Annual Space Symposium in Colorado Springs, Colorado.

Speakers include:
- Dr. Thomas Zurbuchen, Associate Administrator for NASA’s Science Mission Directorate.
- Jim Free, Associate Administrator for NASA’s Exploration Systems Development Mission Directorate.
- Jim Reuter, Associate Administrator for NASA’s Space Technology Mission Directorate.
- Ken Bowersox, Deputy Associate Administrator for NASA’s Space Operations Mission Directorate.

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Apr 4, 2022

A million times faster: DNA nanotechnology could speed up pharmaceutical development while minimizing costs

Posted by in categories: biotech/medical, chemistry, economics, nanotechnology

A new tool speeds up development of vaccines and other pharmaceutical products by more than 1 million times while minimizing costs.

In search of pharmaceutical agents such as new vaccines, industry will routinely scan thousands of related candidate molecules. A novel technique allows this to take place on the nano scale, minimizing use of materials and energy. The work is published in the journal Nature Chemistry.

More than 40,000 molecules can be synthesized and analyzed within an area smaller than a pinhead. The method, developed through a highly interdisciplinary research effort in Denmark, promises to drastically reduce the amounts of material, energy, and economic cost for .

Apr 3, 2022

Russia says it will suspend cooperation on the International Space Station

Posted by in categories: economics, space

Russia’s space director Dmitry Rogozin said on Saturday in a tweet that he would halt ties between partners at the ISS and other joint space projects until the sanctions against Moscow were removed. The leader of Roscosmos complained that the aim of the sanctions was to “kill Russian economy and plunge our people into despair and hunger, to get our country on its knees.”

Rogozin also added that the sanctions will ultimately fail, saying that they “won’t succeed in it, but the intentions are clear.” “That’s why I believe that the restoration of normal relations between the partners at the International Space Station (ISS) and other projects is possible only with full and unconditional removal of illegal sanctions,” Rogozin explained.

A suspension of many partnerships

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Apr 2, 2022

Wind and solar energy amounted to 10% of the global energy consumption in 2021

Posted by in categories: biotech/medical, climatology, economics, solar power, sustainability

There’s still a long way to go, but it’s an important milestone.


Ten years ago, solar and wind didn’t even make up 1% of our global energy mix. Now, in just a decade, they’ve reached 10%. It may not seem like much, but becoming such a significant part of the global energy mix in such a short time is remarkable — though there’s still a long way to go.

The past couple of years have been horrendous in more ways than one, but that doesn’t mean all is bad in the world. In fact, renewable energy continued its impressive growth, according to research from Ember, a climate and energy think tank.

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Mar 31, 2022

Researchers’ novel tool to help develop safer pesticides

Posted by in categories: biotech/medical, chemistry, computing, economics, ethics, health

The majority of commercial chemicals that enter the market in the United States every year have insufficient health and safety data. For pesticides, the U.S. Environmental Protection Agency uses a variety of techniques to fill data gaps in order to evaluate chemical hazard, exposure and risk. Nonetheless, public concern over the potential threat that these chemicals pose has grown in recent years, along with the realization that traditional animal-testing methods are not pragmatic by means of speed, economics or ethics. Now, researchers at the George Washington University have developed a new computational approach to rapidly screen pesticides for safety, performance and how long they will endure in the environment. Moreover, and most importantly, the new approach will aid in the design of next-generation molecules to develop safer pesticides.

“In many ways, our tool mimics computational drug discovery, in which vast libraries of chemical compounds are screened for their efficacy and then tweaked to make them even more potent against specific therapeutic targets,” Jakub Kostal, an assistant professor of chemistry at GW and principal investigator on the project, said. “Similarly, we use our systems-based approach to modify to make them less toxic and more degradable, while, at the same time, making sure they retain good performance. It’s a powerful tool for both industry and that can help design new, safer analogs of existing commercial agrochemicals, and so protect human life, the environment and industry’s bottom line.”

Using their model, the team analyzed 700 pesticides from the EPA’s pesticide registry. The model considered a pesticide’s likely persistence or degradation in the environment over time, its safety, and how well it performed at killing, repelling or controlling the target problem.

Mar 31, 2022

Everyone is worried about gas prices, but diesel is driving inflation more than you think

Posted by in categories: economics, energy

Even before Russia invaded Ukraine, the fuel that runs the global economy was in short supply.

Now some analysts say there could be spot shortages of diesel fuel and prices may stay elevated, even if oil and gasoline decline.

Those higher diesel fuel prices are also stoking inflation.

Continue reading “Everyone is worried about gas prices, but diesel is driving inflation more than you think” »

Mar 28, 2022

Japan Wants to Make Half Its Cargo Ships Autonomous by 2040

Posted by in categories: drones, economics, robotics/AI

On top of the environmental concerns, Japan has an added motivation for this push towards automation —its aging population and concurrent low birth rates mean its workforce is rapidly shrinking, and the implications for the country’s economy aren’t good.

Thus it behooves the Japanese to automate as many job functions as they can (and the rest of the world likely won’t be far behind, though they won’t have quite the same impetus). According to the Nippon Foundation, more than half of Japanese ship crew members are over the age of 50.

In partnership with Misui OSK Lines Ltd., the foundation recently completed two tests of autonomous ships. The first was a 313-foot container ship called the Mikage, which sailed 161 nautical miles from Tsuruga Port, north of Kyoto, to Sakai Port near Osaka. Upon reaching its destination port the ship was even able to steer itself into its designated bay, with drones dropping its mooring line.

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