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Archive for the ‘economics’ category: Page 135

Jan 25, 2019

Here’s what everyone will be talking about at Davos in 2020 and beyond

Posted by in categories: economics, information science

The theme for this year’s gathering is Globalization 4.0 – how we’re handling the changes wrought on the world by the increasing interconnectedness of cultures and economies.

We must also reckon with the future. Digitization, Big Data, and the migration of IT services to the cloud are driving change now but we’re also starting to see the opportunities that will lead to Globalization 5.0.


These are the themes that will dominate the Davos gatherings of the future, says General Atlantic’s Bill Ford.

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Jan 24, 2019

Google’s DeepMind AI Just Beat Two Pros At StarCraft II

Posted by in categories: economics, robotics/AI

“Human players must explicitly manage an ‘economy of attention’ to decide where to focus the camera,” said the DeepMind team. “However, analysis of AlphaStar’s games suggests that it manages an implicit focus of attention. On average, agents ‘switched context’ about 30 times per minute,” the team wrote, which was similar to Komincz’s and Wünsch’s behaviors.

Ultimately, the DeepMind team concluded that AlphaStar won against both pros because of “superior macro and micro-strategic decision-making, rather than superior click-rate, faster reaction times, or the raw interface.”

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Jan 23, 2019

Trump reportedly offered NASA ‘all the money you could ever need’ to land on Mars during his presidency

Posted by in categories: economics, space travel

Some people on his communications staff at the time were not pleased.


Sims writes that he was “getting antsy” in the room due to Trump’s abrupt question shortly before a televised phone call with the Space Station. NASA officials were believed to have gone to great lengths to coordinate with the Space Station, which could only be reached during a certain time due to “orbital mechanics.”

“All I could think about was that we had to be on camera in three minutes … And yet we’re in here casually chatting about shaving a full decade off NASA’s timetable for sending a manned flight to Mars,” Sims reportedly wrote. “And seemingly out of nowhere.”

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Jan 22, 2019

Can nanotechnology rewire an injured spinal cord?

Posted by in categories: biotech/medical, computing, economics, education, health, nanotechnology, neuroscience

According to the World Health Organisation, up to a half-million people around the world suffer a spinal cord injury each year. Often caused by road traffic crashes, accidents or violence, the loss of motor control or paralysis significantly impacts quality of life and requires years of treatment and care. Spinal cord injury is also associated with lower rates of school enrollment and economic participation, and carries substantial individual and societal costs.

Current methods for spinal cord injury treatment involve cumbersome brain-machine interfaces, with many cables linking the patient and a computer to restore limited motor functions. Other methods to map , such as magnetoencephalography, require very large machinery and particularly low-temperature working conditions.

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Jan 21, 2019

The Future Yet To Be Imagined

Posted by in categories: economics, education, employment

Ladies Monday with Cindy Rampersaud.


How do we prepare young people for jobs that do not yet exist?

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Jan 20, 2019

India Is Launching the Largest Basic Income Experiment in History

Posted by in category: economics

An Indian state is launching what some are calling the most ambitious basic income program in history.

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Jan 14, 2019

Russia might Invest Billions into Bitcoin to Mitigate U.S Sanctions

Posted by in categories: bitcoin, economics, government

https://paper.li/e-1437691924#/


Amidst various sanctions by the United States, Russia might buy Bitcoins in the Billions as a way to mitigate these sanctions.

According to Vladislav Ginko who is a lecturer at the Russian Presidential Academy of National Economy and Public Administration, the Russian government which sits on $466 Billion of reserves is planning to invest heavily into Bitcoin. He told Micky that he believes the government could start investing Billions in Bitcoin as early as next month which could potentially trigger a bull run.

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Jan 11, 2019

A Democrat running for president in 2020 is testing a basic income proposal

Posted by in categories: economics, employment, geopolitics, robotics/AI

By giving $1,000 per month to a family.


  • Democrat Andrew Yang is running for president of the United States. His long-shot campaign is centered on providing a universal basic income for Americans.
  • Yang wants to help Americans who are losing jobs to automation, and he believes a basic income could create 4.5 million new jobs.
  • The core of Yang’s campaign is the Freedom Dividend, which would give out $1,000 per month to every American between the ages of 18 and 64.
  • Yang is testing the dividend this year in Goffstown, New Hampshire, where one family will receive $1,000 a month for a year. The family got the first payment on New Year’s Eve.

Presidential candidate Andrew Yang, a 43-year-old entrepreneur-turned-politician, is focusing his campaign on helping Americans who are losing jobs to automation.

Yang wants all Americans to benefit from a universal basic income, which would provide regular cash payments to people regardless of their employment status. Although he is a long-shot candidate, the Democrat said he believes so strongly in the need for a basic income that he is dedicated to running.

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Jan 8, 2019

How AI is Working to Crush Financial Fraud

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

#MachineLearning and #ArtificialIntelligence are revolutionising the online world. They are capable of reducing costs, analysing data, recognising patterns and trends we can’t see with the human eye and making real- time decisions. Now, they are being used to help prevent financial fraud and they’re learning how to do it better every day.


Machine learning and artificial intelligence are revolutionising the online world. They are capable of reducing costs, analysing data, recognising patterns and trends we can’t see with the human eye and making real-time decisions. Now, they are being used to help prevent financial fraud and they’re learning how to do it better every day.

Currently it is estimated that cybercrime costs the global economy approximately $600 billion, with one of the most common forms being credit card fraud which has grown considerably with the increase in the online market. As more and more people chose to transact online it is becoming increasingly important for financial services to invest in better, faster and more accurate fraud detection and prevention techniques.

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Jan 3, 2019

Apple iPhone sales look $9bn worse than expected, CEO blames China & cheap batteries

Posted by in categories: economics, mobile phones

The iPhone isn’t selling as well as Apple expected. Tim Cook blames China’s cooling-down economy, but a lot of users say it’s because the phone are too expensive for the features they offer.


Apple shares plummeted after CEO Tim Cook revealed that the iPhone maker expects a drop of up to $9bn in revenue compared to its November report. More affordable battery replacements are to blame, among other things.

Apple stated that it now expects a revenue of approximately $84 billion in the first quarter of 2019, down from its previous estimate of $89bn to $93bn. Markets have reacted swiftly to the news, sending Apple shares into a 7.5-percent nosedive.

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