Over the next decade, U.S. banks, which are investing $150 billion in technology annually, will use automation to eliminate 200,000 jobs, thus facilitating “the greatest transfer from labor to capital” in the industry’s history. The call is coming from inside the house this time, too—both the projection and the quote come from a recent Wells Fargo report, whose lead author, Mike Mayo, told the Financial Times that he expects the industry to shed 10 percent of all of its jobs.
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As reported by the U.S. Air Force Research Laboratory, military scientists have developed a “Terminator-like” liquid metal that can autonomously change the structure, just like in a Hollywood movie.
The scientists developed liquid metal systems for stretchable electronics – that can be bent, folded, crumpled and stretched – are major research areas towards next-generation military devices.
Conductive materials change their properties as they are strained or stretched. Typically, electrical conductivity decreases and resistance increases with stretching.
A Defense Department project plans to temporarily alter human genes, and shield people from deadly radiation exposure.
US tech firm is among first leading overseas multinationals to establish foothold in southern China boomtown.
Trade wars and a global economic slowdown are creating more opportunities for companies looking for better, cheaper automated options.
A fourth gravitational wave detector, this one in Gifu Prefecture, Japan, will join the global search for cosmic events that cause ripples in spacetime, beginning this December.
The Kamioka Gravitational-Wave Detector (KAGRA) is in its commissioning phase, according to a press release, and will join the two LIGO detectors in the United States well as the Virgo detector in Italy. The three facilities will share data, serving as independent verifiers of each other’s results.
