Archive for the ‘economics’ category: Page 8

Jul 6, 2022

Harvard Researchers Have Solved a Perplexing Cancer Mystery

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

For many years, the human genome was seen as a book of life, with passages of remarkable eloquence and economy of expression intermingled with long stretches of nonsense. The readable areas carried the instructions for producing cell proteins; the other regions, which accounted for around 90% of the overall genome, were disregarded as junk DNA

DNA, or deoxyribonucleic acid, is a molecule composed of two long strands of nucleotides that coil around each other to form a double helix. It is the hereditary material in humans and almost all other organisms that carries genetic instructions for development, functioning, growth, and reproduction. Nearly every cell in a person’s body has the same DNA. Most DNA is located in the cell nucleus (where it is called nuclear DNA), but a small amount of DNA can also be found in the mitochondria (where it is called mitochondrial DNA or mtDNA).

Jul 6, 2022

Nation emerging as global pioneer in AI technology

Posted by in categories: economics, robotics/AI

China is emerging as a pioneer in artificial intelligence as it makes strides in filing AI patents and experimenting with the latest AI technology to power industrial applications, industry experts said.

Their comments came after a Stanford University report that shows China filed more than half of all the world’s AI patent applications last year and Chinese researchers produced about one-third of AI journal papers and AI citations in 2021.

Wu Hequan, an academician at the Chinese Academy of Engineering, said China has been working to build a solid foundation to support its AI economy and is making significant contributions to AI globally.

Jun 29, 2022

Live With(out) Littlewood | Alys Denby, Mark Johnson, Christopher Snowdon + more! | Ep.66

Posted by in categories: economics, education, law, policy


Alys Denby, Deputy Editor, CapX
Mark Johnson, Legal and Policy Officer, Big Brother Watch.
Christopher Snowdon, Head of Lifestyle Economics, IEA
Victoria Hewson, Head of Regulatory Affairs, IEA

Continue reading “Live With(out) Littlewood | Alys Denby, Mark Johnson, Christopher Snowdon + more! | Ep.66” »

Jun 28, 2022

As Crisis Deepens, Tesla Rescinds Job Offers to People Who’d Already Accepted Them

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

After announcing at the beginning of the month that the company would be cutting 10 percent of its workforce due to CEO Elon Musks’s “bad feeling about the economy, Tesla’s job slash is in full swing. According to Insider, many newer employees — including workers who had not even begun their newly-accepted positions just yet — are bearing the brunt of the mass layoffs.

“Damn, talk about a gut punch,” wrote Iain Abshier, a brand-new Tesla recruiter, in a LinkedIn post last week. “Friday afternoon I was included in the Tesla layoffs after just two weeks of work.”

Continue reading “As Crisis Deepens, Tesla Rescinds Job Offers to People Who’d Already Accepted Them” »

Jun 27, 2022

Hackers can bring ships and planes to a grinding halt. And it could become much more common

Posted by in categories: cybercrime/malcode, economics, transportation

Armed with little more than a computer, hackers are increasingly setting their sights on some of the biggest things that humans can build.

Vast container ships and chunky freight planes — essential in today’s global economy — can now be brought to a halt by a new generation of code warriors.

“The reality is that an aeroplane or vessel, like any digital system, can be hacked,” David Emm, a principal security researcher at cyber firm Kaspersky, told CNBC.

Continue reading “Hackers can bring ships and planes to a grinding halt. And it could become much more common” »

Jun 25, 2022

Tesla’s CEO Elon Musk promises a fast fix for ‘money furnace’ Tesla factories

Posted by in categories: economics, Elon Musk, sustainability, transportation

Tesla CEO Elon Musk described the electric automaker’s factories in Austin and Berlin as “money furnaces” that were losing billions of dollars because supply chain breakdowns were limiting the number of cars they can produce.

In a May 30 interview with a Tesla owners club that was just released this week, Musk said that getting the Berlin and Austin plants functional “are overwhelmingly our concerns. Everything else is a very small thing,” Musk said, but added that “it’s all gonna get fixed real fast.”

It’s not clear how much has changed in the three weeks since the interview, but last week Musk tweeted congratulations to his Berlin team for producing 1,000 cars in a week.

Continue reading “Tesla’s CEO Elon Musk promises a fast fix for ‘money furnace’ Tesla factories” »

Jun 20, 2022

Anton van den Hengel’s journey from intellectual property law to computer vision pioneer

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

The world’s most-cited researcher in visual question-answering, Anton van den Hengel, is also Amazon’s director of applied science. Learn how his journey to computer vision started with law—and how his work is supporting Amazon’s business through the development and application of state-of-the-art computer vision and scalable machine learning.

#ComputerVision #CVPR2022

Continue reading “Anton van den Hengel’s journey from intellectual property law to computer vision pioneer” »

Jun 14, 2022

Synthetic Data Is About To Transform Artificial Intelligence

Posted by in categories: economics, robotics/AI

Imagine if it were possible to produce infinite amounts of the world’s most valuable resource, cheaply and quickly. What dramatic economic transformations and opportunities would result?

This is a reality today. It is called synthetic data.

Synthetic data is not a new idea, but it is now approaching a critical inflection point in terms of real-world impact. It is poised to upend the entire value chain and technology stack for artificial intelligence, with immense economic implications.

Continue reading “Synthetic Data Is About To Transform Artificial Intelligence” »

Jun 13, 2022

The mobility rEVolution: Microgrid for EV charging, hydrogen fueling, backup power

Posted by in categories: economics, energy, sustainability, transportation

Kaizen Clean Energy (KCE) and ZincFive have come together to develop an integrated distributed energy solution for EV charging, hydrogen fueling and backup power. The new solution is said to provide the lowest delivered cost for hydrogen fueling, as well as up to 2,300 kg/day of hydrogen production, which is equivalent to 38 MWh of usable energy, in a 40-foot, movable containerized solution. It can be islanded or grid-connected, with no risk of battery thermal runaway and a small volume of hydrogen stored on site. The system integrates KCE’s hydrogen generator, ZincFive’s immediate power nickel-zinc batteries, and fuel cells from Power Cell to offer customers modular, scalable economic fueling as a service. Robert Meaney, co-founder of KCE, told pv magazine that the energy input comes from methanol. He said the system is essentially the clean version of a diesel generator. It uses the ZincFive battery for immediate demand response as the methanol-to-hydrogen system ramps up to full production over the first 15 minutes. After entering full production mode, the batteries shut off and the reformer takes over the full power demand. The system is charger agnostic and can support multiple DC fast chargers at once. KCE has started accepting pre-orders and plans to deploy a 20-foot, 150 kW solution with pilot customers in the fourth quarter of 2022.

Lightyear has launched the final design of its long-range, production-ready solar car. The model, which has been renamed “Lightyear 0,” has a Worldwide Harmonized Light Vehicle Test Procedure (WLTP) range of 625 kilometers and consumption of 10.5 kWh per 100 kilometers. However, the Dutch startup claims that a theoretical range of 695 kilometers could be achieved, with a battery pack capacity of 60 kWh. “The optimized solar roof and holistic design mean that the car can drive for weeks, even months, without charging,” the company said. Lightyear is already readying its second solar electric car, which will be available by late 2024 or early 2025.

Jun 12, 2022

AI’s Threats to Jobs and Human Happiness Are Very Real

Posted by in categories: economics, education, employment, existential risks, finance, robotics/AI, transportation

There’s a movement afoot to counter the dystopian and apocalyptic narratives of artificial intelligence. Some people in the field are concerned that the frequent talk of AI as an existential risk to humanity is poisoning the public against the technology and are deliberately setting out more hopeful narratives. One such effort is a book that came out last fall called AI 2041: Ten Visions for Our Future.

The book is cowritten by Kai-Fu Lee, an AI expert who leads the venture capital firm Sinovation Ventures, and Chen Qiufan, a science fiction author known for his novel Waste Tide. It has an interesting format. Each chapter starts with a science fiction story depicting some aspect of AI in society in the year 2041 (such as deepfakes, self-driving cars, and AI-enhanced education), which is followed by an analysis section by Lee that talks about the technology in question and the trends today that may lead to that envisioned future. It’s not a utopian vision, but the stories generally show humanity grappling productively with the issues raised by ever-advancing AI.

IEEE Spectrum spoke to Lee about the book, focusing on the last few chapters, which take on the big issues of job displacement, the need for new economic models, and the search for meaning and happiness in an age of abundance. Lee argues that technologists need to give serious thought to such societal impacts, instead of thinking only about the technology.

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