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Archive for the ‘economics’ category: Page 202

Jan 20, 2016

Globalization is dead: what now?

Posted by in categories: biotech/medical, economics, genetics, robotics/AI

Interesting perspective of the world and globalization.


It is my belief that we are heading toward a blend of Islandization and Commonization. World transformation is powered first and foremost by the mega-driver of technology, which in turn is central to both of these worlds. The most significant change in the past seven years of world history is that we have entered into a period of sustained technological progress. I fully expect in coming years further breakthroughs in areas including alternative energy, biotechnology and artificial intelligence that dramatically change our economies and our societies.

Unfortunately, I am less sure that technological change will be positive. The exploitation by violent extremists of social media is a case in point of the double-edge that new technologies can bring. This is an extremely disruptive and dislocating time for individuals, organizations and governments alike. The net gain of technology will almost certainly be positive, but there will be winners and losers, and losers will not necessarily go quietly. Nor will the winners necessarily perceive objective gain as actual gain. And some new technologies, such as the gene-editing powers of CRISPR, point to a highly uncertain future.

Continue reading “Globalization is dead: what now?” »

Jan 20, 2016

Quantum computing is coming — are you prepared for it?

Posted by in categories: business, computing, economics, quantum physics

2 weeks ago, I posted a big announcement was coming; well we have officially received it. Now, the question is “WILL YOU BE READY?” Within less than 4 years (2020) Quantum will be available. Everyone needs to be planning and getting budgets and resources in place for this massive transformation that is coming within 4 years. It will be expensive, time consuming, and a lot of prep work around business and it needs to be assessed, planned, and position to onboard quickly to quantum because other countries (including hackers) are going to be on quantum as well meaning more powerful network and platforms to attack older systems. https://lnkd.in/baSZrBY


Quantum computing will change lives, society and the economy and a working system is expected to be developed by 2020 according to a leading figure in the world of quantum computing, who will talk tomorrow Jan. 21, 2016 at the World Economic Forum (WEF) in Davos, Switzerland.

Professor O’Brien, Director of the Centre for Quantum Photonics at the University of Bristol and Visiting Fellow at Stanford University, is part of a European Research Council (ERC) Ideas Lab delegation who have been invited to talk at the annual meeting to industrial and political leaders of the world, including Prime Minister David Cameron. The session will discuss the future of computing and how new fields of computer sciences are paving the way for the next digital revolution.

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Jan 20, 2016

British parliament to consider motion on universal basic income

Posted by in categories: economics, policy

MPs in the British Parliament are being asked to consider the question of introducing a universal basic income paid unconditionally to all citizens.

An Early Day Motion on the policy, tabled by Green Party MP Caroline Lucas, calls on the Government to commission research into the idea’s effects and examine its feasibility to replace the UK’s existing social security system.

The motion, which raises the profile of the idea but is very unlikely to be adopted into law, says the policy “has the potential to offer genuine social security to all while boosting entrepreneurialism”.

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Jan 19, 2016

Connecting The Dots to Get the Big Picture with Artificial Intelligence

Posted by in categories: big data, disruptive technology, economics, information science, machine learning

Ask the average passerby on the street to describe artificial intelligence and you’re apt to get answers like C-3PO and Apple’s Siri. But for those who follow AI developments on a regular basis and swim just below the surface of the broad field , the idea that the foreseeable AI future might be driven more by Big Data rather than big discoveries is probably not a huge surprise. In a recent interview with Data Scientist and Entrepreneur Eyal Amir, we discussed how companies are using AI to connect the dots between data and innovation.

Image credit: Startup Leadership Program Chicago

Image credit: Startup Leadership Program Chicago

According to Amir, the ability to make connections between big data together has quietly become a strong force in a number of industries. In advertising for example, companies can now tease apart data to discern the basics of who you are, what you’re doing, and where you’re going, and tailor ads to you based on that information.

“What we need to understand is that, most of the time, the data is not actually available out there in the way we think that it is. So, for example I don’t know if a user is a man or woman. I don’t know what amounts of money she’s making every year. I don’t know where she’s working,” said Eyal. “There are a bunch of pieces of data out there, but they are all suggestive. (But) we can connect the dots and say, ‘she’s likely working in banking based on her contacts and friends.’ It’s big machines that are crunching this.”

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Jan 19, 2016

LinkNYC’s free gigabit Wi-Fi is here, and it is glorious

Posted by in categories: economics, habitats, internet, mobile phones

I’m standing on the corner of 15th Street and Third Avenue in New York City, and I’m freezing. But my iPhone is on fire. After connecting to one of LinkNYC’s gigabit wireless hotspots, the futuristic payphone replacements that went live for beta testing this morning, I’m seeing download speeds of 280 Mbps and upload speeds of 317 Mbps (based on Speedtest’s benchmark). To put it in perspective, that’s around ten times the speed of the average American home internet connection (which now sits at 31 Mbps). And to top it all off, LinkNYC doesn’t cost you a thing.

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Jan 19, 2016

Impossible Foods

Posted by in categories: economics, food, habitats

We love meat. We love cheese. And for thousands of years we have relied on animals to make them. Impossible Foods has found a better way. We use plants to make the best meats and cheeses you’ll ever eat.

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Jan 18, 2016

The Fourth Industrial Revolution is already here

Posted by in categories: business, economics, employment, nanotechnology, quantum physics

Very interesting; the article highlights that there was no mention of job losses in 2020 within the IT field instead the writer highlights a shortage of IT resources to fill the jobs. And, thoroughly appreciate that the writer highlighted that Quantum, Nanobots, etc. are making the 4th Industrial Revolution happen; I couldn’t agree more.


To be sure, the Fourth Industrial Revolution is still in its nascent state. But with the pace of change and disruption to business and society so swift these days, the time to join in is now.

Author: Gary Coleman is the Global Industry and Senior Client Advisor for Deloitte Consulting and lead partner in Deloitte’s strategic relationship with the World Economic Forum. Follow him on Twitter@gcoleman_gary. He is participating in the World Economic Forum’s Annual Meeting in Davos.

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Jan 18, 2016

Report from Davos: 5 million jobs to be lost by 2020 because of tech advances

Posted by in categories: 3D printing, biotech/medical, economics, employment, genetics, robotics/AI

In less than 4 yrs. 5 million jobs will be lost is the prediction.


A new report predicts a loss of 5 million jobs in the next five years because of technological advances, but don’t blame it all on the robots.

The other culprits: artificial intelligence, 3-D printers and advances in genetics, biotech and more.

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Jan 16, 2016

Beyond Money: A Future of Passion & Progress

Posted by in category: economics

As we continue growing as a technological society at an exponential rate, what will the fate of money be as a result? — Francesco Amati for Serious Wonder.

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Jan 15, 2016

Think Like a Workplace Futurist

Posted by in categories: business, economics, energy

It truly takes more than 10 year products and services roadmap to retain a company’s competitive edge these days especially with the current sophisticated and high demand consumers. Futurists truly are the NextGen Disrupters.


In the first quarter of 2015, Millennials finally overtook Generation X as the largest cohort in the workplace — there are more than 53.5 million of them working today. Their massive size and economic power has had marketers and business leaders tracking the “Millennial mindset” for years.

And yet, nipping at their heels, here comes Generation Z, the oldest of who are just starting to come of age. The U.S. Census estimates that Generation Z will include close to 80 million members — a number that eclipses the conversation-dominating Millennials.

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