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Archive for the ‘economics’ category: Page 11

Oct 15, 2023

So Far, AI Is a Money Pit That Isn’t Paying Off

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

While the stock market may love the term “AI,” companies haven’t figured out how to optimally monetize the services that go along with it.

Oct 14, 2023

Cybersecurity Builds Trust in Critical Infrastructure

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

Where reliability matters, as it does in energy, resilience against cyberattacks enhances a company’s reputation. Disruptions damage that reputation.


In 2021, a ransomware attack shut down Colonial Pipeline operations for six days. Gas shortages in the eastern US, economic turmoil, and eye-catching headlines resulted. Interest in cybersecurity for critical infrastructure intensified — and many leaders seemed to learn the wrong lesson.

Energy sector leaders often take cyber vulnerabilities seriously only after a significant breach. Experiencing a loss (or watching someone else’s) makes companies tighten cybersecurity to avoid similar losses. This pattern emphasizes the loss-avoidance aspects of cybersecurity. Yet thinking of cybersecurity solely as loss avoidance misses a key value generator cybersecurity provides: trust.

Continue reading “Cybersecurity Builds Trust in Critical Infrastructure” »

Oct 14, 2023

Nike And Apple #1 Brands Among Teens—How AI Can Help Predict The Future Of Fashion And Technology

Posted by in categories: economics, finance, robotics/AI, sustainability

Core inflation remains elevated in advanced economies, with economists calling for tighter monetary policies in order to improve price and financial stability for sustained economic growth. With inflation only slowly moving towards sustainable targets, investors can leverage insights into teen spending patterns, behaviors, and advancements in technology to identify broader economic and market trends.

In a recent Piper Sandler Taking Stock With Teens survey that analyzed discretionary spending patterns, fashion trends, technology, and brand and media preferences, inflation was determined to be the number two social concern among teens, pointing to initial signs of a slowdown in teen spending.

“Inflation reached its highest mindshare in terms of political and social issues, right behind the environment,” said Edward Yruma, senior research analyst.

Oct 12, 2023

Don’t worry about global population collapse

Posted by in categories: economics, energy

The world’s massive human population is leveling off.

Most projections show we’ll hit peak humanity in the 21st century, as people choose to have smaller families and women gain power over their own reproduction. This is great news for the future of our species.

And yet alarms are sounding. While environmentalists have long warned of a planet with too many people, now some economists are warning of a future with too few. For example, economist Dean Spears from the University of Texas has written that an “unprecedented decline” in population will lead to a bleak future of slower economic growth and less innovation.

Oct 5, 2023

Actions for Wealth Inequality by the Millenium Project, Ranked

Posted by in categories: economics, futurism

When working at the Millenium Project, a global think tank that publishes reports surrounding global problems, I decided to improve the way reports were presented by ranking the actions provided by the organization to adress the problem. I focused on the 23 actions in global challenge 7 (Rich-poor gap) and created a system focusing on two aspects: feasibility and impact.

Assigning scores from 1–10 for each of these aspects made sense as an action needs to be both implemented and impactful for it to adress the problem. By researching to assign these scores and multiplying them, I could get an overall idea of where an action would compare to another one. Below is a graph summarizing my results, followed by the details behind each ranking.

1. Make higher education more easily available to all.

Feasibility: 7

Rates of higher education have doubled worldwide 19 to 38 percent over the last two decades, indicating that increased access is very possible. Although the process of making education truly available will take decades, governments clearly recognize the need for it and are taking steps towards achieving it, with education becoming a larger percent of GDP for most countries.

Impact: 8

Higher education has been known to increase earnings significantly, thereby reducing poverty. Additionally, education has been known to have various benefits towards poverty like reducing food insecurity and standards of health.


Oct 4, 2023

Is explosive growth ahead for AI?

Posted by in categories: economics, ethics, privacy, robotics/AI

As we plunge head-on into the game-changing dynamic of general artificial intelligence, observers are weighing in on just how huge an impact it will have on global societies. Will it drive explosive economic growth as some economists project, or are such claims unrealistically optimistic?

Few question the potential for change that AI presents. But in a world of litigation, and ethical boundaries, will AI be able to thrive?

Two researchers from Epoch, a research group evaluating the progression of artificial intelligence and its potential impacts, decided to explore arguments for and against the likelihood that innovation ushered in by AI will lead to explosive growth comparable to the Industrial Revolution of the 18th and 19th centuries.

Oct 1, 2023

A Day Without Space: GPS Is Ground Zero For The New Space Race

Posted by in categories: economics, education, government, robotics/AI, satellites, security

The 2 SOPS or 2nd Space Operations Squadron commander, Lt Col Robert Wray… More.


Of all the missions the Space Force performs daily for a grateful nation, there is none more ubiquitous and essential than GPS. Today’s soldiers and sailors depend on reliable, accurate, and secure GPS as much as they do any weapon they employ. Meanwhile, the rest of the world is just as dependent on GPS to enable basic mobility and underpins every other sector of the modern global economy. The criticality of secure global navigation and timing to both warfighting and the national economy makes it unique – we simply could not go a day without space. In so few words, GPS’ future is ground zero for the new space race.

The 2 SOPS or 2nd Space Operations Squadron commander, Lt Col Robert Wray reminds me that “14 of the 16 critical infrastructures designated by the Department of Homeland Security rely on 24/7 GPS to operate for the country.” But the newest GPS satellites in use today are the same school bus sized ones Gen. Hyten has lamented are, “juicy targets” for our adversaries – marvels of modern engineering, yes, but no longer sufficient to meet modern needs.

Continue reading “A Day Without Space: GPS Is Ground Zero For The New Space Race” »

Sep 29, 2023

Advances in Aquatic Invertebrate Stem Cell Research

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

MDPI uses a print-on-demand service. Your book will be printed and delivered directly from one of three print stations, allowing you to profit from economic shipping to any country in the world. Generally, we use Premium shipping with an estimated delivery time of 7–12 business days. P.O. Boxes cannot be used as a Ship-To Address.

Please note that shipping time does not include the time for placing and processing the order or printing. For this, an additional turnaround time of 10 working days should be expected.

Sep 27, 2023

AI girlfriends are ruining an entire generation of men

Posted by in categories: economics, health, humor, robotics/AI

And that is just health care. In 1940, there were 42 workers per beneficiary of Social Security. Today, there are only 2.8 workers per beneficiary, and that number is getting smaller. We are going broke, and the young men who will play a huge role in determining our nation’s future are going there with AI girlfriends in their pockets.

While the concept of an AI girlfriend may seem like a joke, it really isn’t that funny. It is enabling a generation of lonely men to stay lonely and childless, which will have devastating effects on the U.S. economy in less than a decade.

Sep 26, 2023

Tesla raises Dojo D1 order from TSMC: report

Posted by in categories: economics, robotics/AI, supercomputing, transportation

Tesla is reportedly increasing the orders for its Dojo D1 supercomputer chips. The D1 is a custom Tesla application-specific integrated circuit (ASIC) that’s designed for the Dojo supercomputer, and it is reportedly ordered from Taiwan Semiconductor Manufacturing Company (TSMC).

Citing a source reportedly familiar with the matter, Taiwanese publication Economic Daily noted that Tesla will be doubling its Dojo D1 chip to 10,000 units for the coming year. Considering the Dojo supercomputer’s scalability, expectations are high that the volume of D1 chip orders from TSMC will continue to increase until 2025.

Dojo, after all, is expected to be used by Tesla for the training of its driver-assist systems and self-driving AI models. With the rollout of projects like FSD, the dedicated robotaxi, and Optimus, Dojo’s contributions to the company’s operations would likely be more substantial.

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