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Archive for the ‘economics’ category: Page 86

Jul 12, 2020

5G is accelerating factory automation that could add trillions to the global economy

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

Imagine a manufacturing plant in which all the production equipment is continually changing in response to market needs. Robots churning out widgets, for instance, would reconfigure themselves based on data coming in from all points of the widget supply chain, as well as sensors monitoring the factory itself. The result is a smart factory that’s more agile and autonomous than previous generations of automation.

Also known as Industry 4.0, the smart factory runs on data and artificial intelligence, but connectivity forms the backbone of operations. The new fifth generation of mobile networks (5G) is a catalyst for this new industrial revolution because it offers much greater speed and bandwidth than previous networks, as well as low latency, or time required for data to travel between two points. 5G will work with and in some cases replace existing fixed, wired connections, making manufacturing more flexible and ready to implement innovations.

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Jul 8, 2020

Drugs, money and misleading evidence

Posted by in categories: biotech/medical, economics

Child psychiatrist Jon Jureidini and philosopher Leemon McHenry dispute the assumption that all approved drugs and medical devices are safe and effective. They warn that when clinical science is hitched to the pharmaceutical industry’s dash for profits, the scientific method is undermined by marketing spin and cherry-picking of data. They propose a solution inspired by philosopher of science Karl Popper: take drug testing out of the hands of manufacturers.”


It’s time to take trials out of the hands of pharmaceutical makers, argues the latest in a long line of books on corruption and the pharmaceutical industry.

Jul 8, 2020

NASA Teases ‘Psyche,’ A Robot To Explore An Asteroid Worth More Than Our Global Economy

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

NASA is about to begin building its latest spacecraft. Called “Psyche” it will explore a 140 miles/226 kilometers-wide asteroid called “16 Psyche.” Today it’s passed a major milestone.

Why is NASA going to ‘16 Psyche?’

Located in the Solar System’s main asteroid belt between Mars and Jupiter, metal-rich 16 Psyche is thought to be the exposed metallic iron, nickel and gold core of a protoplanet. Most asteroids are rocky or icy.

Jul 7, 2020

Sharif Uddin Ahmed Rana of the World Talent Economy Forum talking to Malak Trabelsi about

Posted by in categories: economics, space, sustainability

New space and sustainability guest: malak trabelsi, UAE.

Jul 6, 2020

Why China’s Race For AI Dominance Depends On Math

Posted by in categories: economics, education, employment, government, mathematics, robotics/AI, surveillance

The best way to prevent this is by focusing on the basics. America needs a major all-of-society push to increase the number of U.S. students being trained in both the fundamentals of math and in the more advanced, rigorous, and creative mathematics. Leadership in implementing this effort will have to come from the U.S. government and leading technology companies, and through the funding of ambitious programs. A few ideas come to mind: talent-spotting schemes, the establishment of math centers, and a modern successor to the post-Sputnik National Defense Education Act, which would provide math scholarships to promising students along with guaranteed employment in either public or private enterprises.


Forget about “AI” itself: it’s all about the math, and America is failing to train enough citizens in the right kinds of mathematics to remain dominant.

By Michael Auslin

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Jul 4, 2020

Why the 21st Century Won’t Belong to China

Posted by in categories: business, economics, military

It is often said that the 21st century will belong to China because China will grow its military, develop its economy, and completely integrate Hong Kong. However, in this video, I argue that the 21st Century won’t belong to China because it won’t take advantage of space resources and because it will attempt to grab more than it can chew in its ambitious endeavors.

PS: The stock footage from this photo comes from Videvo!

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Jul 2, 2020

Why the Virus Stimulus Is Renewing the Universal Basic Income Debate | WSJ

Posted by in categories: biotech/medical, economics

Do the stimulus checks being sent to individuals to help in the coronavirus crisis count as a form of universal basic income? Andrew Yang thinks so. But, as WSJ’s Jason Bellini reports, others believe the intention behind UBI is misguided. Photo: Tom Brenner/Getty Images.

More from the Wall Street Journal:
Visit WSJ.com: http://www.wsj.com
Visit the WSJ Video Center: https://wsj.com/video

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Jul 1, 2020

Archer Report- Sharif Rana, World Talent Economy Forum

Posted by in category: economics

https://www.youtube.com/watch?v=FC-Fh3Igv9M&feature=youtu.be

Steele Hawes’ Archer Report with special guest Sharif Uddin Ahmed Rana.

Jun 28, 2020

Your Personal Data Is Worth Money. Andrew Yang Wants to Get You Paid

Posted by in categories: cybercrime/malcode, economics, robotics/AI

Last year’s Netflix movie The Great Hack detailed the dark side of data collection, centered around the 2016 Cambridge Analytica scandal. The movie describes how “psychometric profiles” exist for you, me, and all of our friends. The data collected from our use of digital services can be packaged in a way that gives companies insight into our habits, preferences, and even our personalities. With this information, they can do anything from show us an ad for a pair of shoes we’ll probably like to try to change our minds about which candidate to vote for in an election.

With so much of our data already out there, plus the fact that most of us will likely keep using the free apps we’ve enjoyed for years, could it be too late to try to fundamentally change the way this model works?

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Jun 27, 2020

Smart farms of the future: Making bioenergy crops more environmentally friendly

Posted by in categories: biological, economics, food, robotics/AI, sustainability

Farmers have enough worries—between bad weather, rising costs, and shifting market demands—without having to stress about the carbon footprint of their operations. But now a new set of projects by scientists at Lawrence Berkeley National Laboratory (Berkeley Lab), including scientists at the Joint BioEnergy Institute (JBEI), could make agriculture both more sustainable and more profitable.

The three projects, funded by the U.S. Department of Energy (DOE), leverage Berkeley Lab’s strengths in artificial intelligence, sensors, and ecological biology. They aim to quantify and reduce the carbon intensity of agriculture, including the farming of biofuel feedstocks such as corn, soy, and sorghum, while also increasing yield.

Crop-based biofuels have the potential to supply up to about 5% of U.S. energy demand, according to the DOE. Two of the new projects are part of the SMARTFARM program of DOE’s Advanced Research Projects Agency-Energy (ARPA-E). This initiative aspires to make the biofuel supply chain carbon negative—meaning it removes or sequesters more carbon than it emits—which would greatly improve biofuel’s benefits to the broader economy and environment. Scientists also hope that the increased productivity will have the effect of lowering costs and increasing farmers’ income.

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