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Archive for the ‘economics’ category: Page 191

Jun 17, 2016

The case for slower growth – but how? – 46th St. Gallen Symposium | St. Gallen Symposium

Posted by in category: economics

Jun 16, 2016

Aggressive, sparkplug-free gasoline auto engines with high efficiency

Posted by in categories: economics, energy, transportation

Researchers at Sandia National Laboratories’ Combustion Research Facility are helping to develop sparkplug-free engines that will help meet ambitious automotive fuel economy targets of 54.5 miles per gallon by 2025.

They are working on low-temperature gasoline combustion (LTGC) operating strategies for affordable, high-efficiency engines that will meet stringent air-quality standards.

Sandia researchers Isaac Ekoto and Benjamin Wolk said the goal of the LTGC project is an engine in which chemically controlled ignition initiates the combustion of dilute charge mixtures.

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Jun 14, 2016

Here’s why the government should give you $1,000 a month

Posted by in categories: economics, government

A proposed government program to give every citizen a guaranteed income might make more sense than you think.

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Jun 14, 2016

Silicon Valley’s Audacious Plan to Create a New Stock Exchange — By Ellen Huet and Brad Stone | Bloomberg

Posted by in categories: business, economics

-1x-1

“Managers, hoping to avoid such jolts, spend too much time focusing on short-term performance. ”

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Jun 13, 2016

India-US-China : US – Cyber And Bilateral Visits – Analysis

Posted by in categories: cybercrime/malcode, economics, government, quantum physics

Boy; wait until next month with China’s Quantum Launch.


By Munish Sharma.

Cyber has been one of the key discussion items during both Prime Minister Modi’s just concluded visit to the United States and President Xi Jinping’s visit to the US some nine months back. After Xi’s visit, China and the US signed a Cyber Agreement in October 2015. India and the US will ink a cyber agreement in the next sixty days. Notwithstanding these similarities, the intent of and expectations from these two agreements are fundamentally different; the former is an attempt to manage insecurity and the latter is a quest for security. An analysis of the joint statements issued at the end of the Modi and Xi visits to the US highlights the contrasting differences in India and China’s bilateral ties with the United States in the cyber realm.

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Jun 10, 2016

Robots Threaten the Job Market, Warns India’s Central Bank Governor

Posted by in categories: economics, robotics/AI

India’s Central Bank Governor Raghuram Rajan has cautioned that robots are replacing human workers at an alarming rate, especially in the manufacturing sector, which could create political turmoil in emerging economies like India and Vietnam.

NEW DELHI (Sputnik) — Speaking at a book launching in Mumbai, Raghuram Rajan said:

“The emerging threat is: It is not the guy sitting in Bangalore but the robot next door which is going to take your job, and this creates enormous anxiety among the middle class. You can see this in the political dialogue that is taking place in the US as well as in the run-up to Brexit in Britain.”

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Jun 8, 2016

China Plans Oceanic ‘Space Station’ in South China Sea

Posted by in categories: economics, military, space

(Bloomberg) — China is speeding up efforts to design and build a manned deep-sea platform to help it hunt for minerals in the South China Sea, one that may also serve a military purpose in the disputed waters.

Such an oceanic “space station” would be located as much as 3,000 meters (9,800 feet) below the surface, according to a recent Science Ministry presentation viewed by Bloomberg. The project was mentioned in China’s current five-year economic plan released in March and ranked number two on a list of the top 100 science and technology priorities.

Authorities recently examined the implementation of the project and decided to accelerate the process, according to the presentation.

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Jun 7, 2016

China embarks on tech shopping spree for German robots and pianos

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

China has been on a shopping tour of Germany, splurging on a string of key industrial companies in the past few weeks as Beijing moves to acquire the country’s fabled technological know-how and turn its own products into global brands.

But resistance to the offensive is growing following a 5 billion euro ($7.7 billion) bid last month by Chinese home appliance group Midea for leading German industrial robot maker Kuka.

The size of the play set alarm bells ringing across the business and political establishment of Europe’s biggest economy.

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Jun 7, 2016

One more question for U.S. presidential candidate Zoltan Istvan on robots

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

Here’s a short video and story from CCTV America (China’s Public TV in America) from my interview at the Augmented World Expo. I discuss robots, the Immortality Bus, and a Universal Basic Income:


CCTV America’s Mark Niu interviewed Zoltan Istvan, the founder of the Transhumanist Party and a 2016 candidate for the U.S. presidency. He asked Istvan one more question about his “immortality bus” and whether robots will take over our jobs.

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Jun 6, 2016

Non-experts typically better at forecasting future than experts

Posted by in categories: economics, employment

Interesting twist; wonder how many tax dollars paid for the experts?


There is a bitter truth for economists, as well as professionals in other areas. Non-experts are typically better at forecasting future trends than experts.

It has been argued that economists should be historians rather than meteorologists and many years before the recent economic crash, John Kenneth Galbraith, the late Harvard economist, joked: “The only function of economic forecasting is to make astrology look respectable.”

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