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Archive for the ‘economics’ category

Sep 11, 2019

This startup is outsourcing production to space

Posted by in categories: economics, space

This aptly named startup is eyeing extraterrestrial outsourcing.

Made in Space has plans to produce ZBLAN wire on the International Space Station and have it shipped back to Earth for humans to use, reports Wired.

Both Made in Space CEO Andrew Rush and NASA (currently the company’s primary investor and customer) hope this could be the start of the “low-Earth orbit economy,” per Wired.

Sep 11, 2019

The key question for the new economy: who owns the data?

Posted by in category: economics

The essence of the issue is property rights, which now extend to rights over individuals’ personal data. Traditionally, property rights referred to control of tangible assets, such as gold or oil, or control of intangible assets like patents and copyrights. In the digital era, technology can create huge amounts of intangible assets from individuals’ data without their knowledge. How the data is used could bring not only great benefits but also, potentially, great harm. This raises a crucial question: who has the right to control over these new assets?


Recognising and protecting property rights to each individual’s data or all individuals’ data is vital to determining the fate of the new economy.

Sep 8, 2019

Tesla battery researcher unveils new cell that could last 1 million miles in ‘robot taxis’

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

When talking about the economics of Tesla’s future fleet of robotaxis at the Tesla Autonomy Event, Tesla CEO Elon Musk emphasized that the vehicles need to be durable in order for the economics to work:

“The cars currently built are all designed for a million miles of operation. The drive unit is design, tested, and validated for 1 million miles of operation.”

But the CEO admitted that the battery packs are not built to last 1 million miles.

Sep 6, 2019

James Strole — Director of the Coalition for Radical Life Extension / Producer of RAADfest — ideaXme Show — Ira Pastor

Posted by in categories: aging, bioengineering, biotech/medical, cryonics, DNA, economics, futurism, genetics, health, life extension

Sep 4, 2019

The Race to Own One Bitcoin

Posted by in categories: bitcoin, cryptocurrencies, economics, finance

Owning one full bitcoin is becoming a recognized attainment goal. And thereby hangs a tale.

Is it just a numbers game? Isn’t the unit a bit arbitrary and meaningless?…

The logistics and the math are compelling. I recognized the importance of reaching this personal milestone more than 8 years ago. But I was a nobody. No one cared. Then, in April 2019, we started to see articles in legitimate venues about this concept—and articulated in exactly this way. I borrowed the title of this post from this article in Medium.

Who Says So?

Continue reading “The Race to Own One Bitcoin” »

Sep 3, 2019

Nation’s first all-digital nuclear reactor dedicated at Purdue

Posted by in categories: economics, education, nuclear energy

Purdue University will support public and private research partnerships at the nation’s first digitally operated nuclear reactor, the school said in a Tuesday press release. Scientists and engineers will look to answer the question of how reliable and resilient an all-digital nuclear reactor, named Purdue University Reactor Number One (PUR-1), can be.

“As the United States and the world continue to implement digital technology, that introduces both strengths and vulnerabilities that need to be explored and understood because our economy relies on the resiliency of these systems,” Clive Townsend, supervisor for the reactor, said in a statement.

Before PUR-1 was converted to digital technology, all US reactors worked using analog technology like vacuum tubes and hand-soldered wires, Townsend said in the release. Purdue’s facility will be the US’ first cyber-nuclear testbed for researchers and corporate partners. It’s licensed by the US Nuclear Regulatory Commission, which ensures safe use of radioactive materials.

Aug 29, 2019

Johnny 5 — The First Robotic US Citizen

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

Should citizenship be restricted to humans?

Scene taken from the film Short Circuit 2 (1988).

FAIR USE NOTICE:

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Aug 27, 2019

Key Uncertainties About the Future of Women

Posted by in categories: economics, policy, sex

In the past several months, the issue of ensuring a truly equal future for women in society has risen up the agenda of global challenges – whilst at the same time indicators suggest the actual gap is growing globally. From harassment and #metoo to #timesup and the rights to equal pay and equal access in education, the workplace, and the boardroom, women have been succeeding in spotlighting the issues and arguing for their rights. So, as we look to the future, some fundamental questions arise: What is the future of women? Are women’s futures different from men’s futures? How do we proceed in the coming years to embed a gender equality mindset while accounting for the unique challenges women face?

This article draws on insights from our recent book – The Future Reinvented – Reimagining, Life, Society and Business to explore how business and society can adjust to ensure a more positive future for women, focusing on what we consider to be critical agenda issues. We conclude with our advice and dreams for the future of women.

Areas which could benefit significantly from the increased participation of women

As we look to the forces shaping our world, it is clear that society as a whole could benefit significantly from the increased participation of women in the future of technology development, elected governmental roles, and higher education. For example, we need to better understand that an algorithm can be racist or sexist before integrating artificial intelligence (AI) into our social systems and institutions. The new book by Dr. Safiya Umoja Noble, Algorithms of Oppression, is a great example of the kind of critical thinking about its broader social implications that the technology sector needs.

Continue reading “Key Uncertainties About the Future of Women” »

Aug 27, 2019

New China Policy Aims to Replace Hong Kong with City Bigger than Silicon Valley

Posted by in categories: economics, policy

The “Two-Systems, One China” adopted format for the recovery of Hong Kong from the British in 1997 is under threat in recent months due to the ongoing CIA NED-funded protests and occupation of Hong Kong’s vital economic installations. But China is not running out of countermeasures just yet.

Aug 24, 2019

Have humans developed natural defenses against suicide?

Posted by in category: economics

While co-organizing a symposium a few years ago, a distinguished evolutionary psychologist named Nicholas Humphrey sought an expert to explore a mystery dating back to the time of Charles Darwin. “Natural selection will never produce in a being anything injurious to itself,” Darwin wrote in On the Origin of Species.

But in humans, natural selection apparently did exactly that. Suicide is the leading cause of violent death, striking down about 800,000 people worldwide each year—more than all wars and murders combined, according to the World Health Organization.

Humphrey, an emeritus professor at the London School of Economics, knew that a handful of evolutionary thinkers had offered ways to resolve this paradox. But he couldn’t find an explanation he thought fit most instances of suicide. So he decided to explore the topic and give the presentation himself.

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