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Archive for the ‘economics’ category: Page 27

Aug 8, 2023

TSMC board to vote Tuesday to build German factory-Handelsblatt

Posted by in categories: economics, government

BERLIN, Aug 7 (Reuters) — Taiwanese semiconductor manufacturer TSMC’s (2330.TW) board of directors on Tuesday will decide in favour of building a factory in the German city of Dresden, the Handelsblatt daily reported, citing government sources in Germany.

The German government will provide 5 billion euros ($5.49 billion) to support the construction of the factory, Handelsblatt’s report said on Monday.

The German economy ministry declined to comment on the report, as did the government of the eastern state of Saxony, where Dresden is located.

Aug 4, 2023

How Elon Musk took over Tesla using money, strong-arm tactics, and his own popularity

Posted by in categories: economics, Elon Musk, sustainability, transportation

Elon Musk took over control of the company at a crucial moment.

Aug 3, 2023

Buy Alert: 3 Quantum Computing Stocks Nearing Super Attractive Entry Points

Posted by in categories: economics, quantum physics, robotics/AI

In the fascinating landscape tech realm, quantum computing stock opportunities could prove to be incredibly lucrative over time. The notion of quantum computing, born over two decades ago, is now gaining solid traction on The Street. Moreover, the technology, rooted in the mysteries of quantum mechanics, aims to boost computing speeds significantly.

The advancements in quantum computing are impossible to ignore, with continuous improvements and decreasing development costs. Moreover, the sector’s convergence with cloud computing opens doors for broader accessibility among researchers and software developers.

Furthermore, as the digital economy and artificial intelligence sectors grow, global spending on cloud computing is expected to reach a whopping $1 trillion annually within the next decade. Quantum computing appears to be on the cusp of becoming a game-changer, and it might be the most opportune time to load up on affordable quantum computing stocks.

Aug 1, 2023

Charting The Roadmap To A Post-Work Society

Posted by in categories: economics, employment

However, this perspective warrants reevaluation. It is very flawed.

The seismic shift towards a post-work society does not signify an end to human productivity or purpose. Instead, it presents an opportunity to redefine ‘work’ and untangle our identities from traditional employment as we see it today.

Work has transformed over the centuries from being a matter of survival to becoming an economic imperative. The next evolutionary leap could reshape work as a channel for self-expression and fulfillment. The dawn of a post-work era could herald a liberation from simple tasks and a celebration of qualities that make us uniquely human: creativity, empathy, innovation, and complex social interaction.

Jul 31, 2023

News About Advances in Sodium-Ion and Solid-State Batteries

Posted by in categories: economics, energy, sustainability, transportation

Sodium-ion (Na-ion) batteries and solid-state batteries have both been in the news recently. Why? Because the need for battery storage is growing rapidly as the global economy seeks carbon-based energy alternatives in pursuit of the goal to achieve net-zero emissions by the mid-century.

Na-ion Battery News

In April I wrote about BYD, a Chinese electric vehicle (EV) manufacturer, that is using sodium-ion (Na-ion) battery packs instead of lithium-ion (Li-ion) in some of its models. In its latest report, IDTechEx, out of Cambridge in the United Kingdom, states that although Na-ion batteries are not the answer to all battery-power applications, they do provide a complimentary addition to battery packs used not just in EVs but also for backup power within utilities and factories.

Jul 30, 2023

Moon mining gains momentum as private companies plan for a lunar economy

Posted by in categories: economics, space

A number of entrepreneurial groups have shared their strategies to turn the moon into a hustle and bustle world of marketable services.

Jul 29, 2023

Generative A.I. will upend the workforce, McKinsey says, forcing 12 million job switches and automating away 30% of hours worked in the U.S. economy by 2030

Posted by in categories: economics, robotics/AI

It won’t cause long-term job losses, McKinsey says—instead it will lead to a wholesale redistribution of the workforce.

Jul 29, 2023

Bioengineered Probiotics: Synthetic Biology Can Provide Live Cell Therapeutics for the Treatment of Foodborne Diseases

Posted by in categories: bioengineering, biotech/medical, economics, food, health

The rising prevalence of antibiotic resistant microbial pathogens presents an ominous health and economic challenge to modern society. The discovery and large-scale development of antibiotic drugs in previous decades was transformational, providing cheap, effective treatment for what would previously have been a lethal infection. As microbial strains resistant to many or even all antibiotic drug treatments have evolved, there is an urgent need for new drugs or antimicrobial treatments to control these pathogens. The ability to sequence and mine the genomes of an increasing number of microbial strains from previously unexplored environments has the potential to identify new natural product antibiotic biosynthesis pathways. This coupled with the power of synthetic biology to generate new production chassis, biosensors and “weaponized” live cell therapeutics may provide new means to combat the rapidly evolving threat of drug resistant microbial pathogens. This review focuses on the application of synthetic biology to construct probiotic strains that have been endowed with functionalities allowing them to identify, compete with and in some cases kill microbial pathogens as well as stimulate host immunity. Weaponized probiotics may have the greatest potential for use against pathogens that infect the gastrointestinal tract: Vibrio cholerae, Staphylococcus aureus, Clostridium perfringens and Clostridioides difficile. The potential benefits of engineered probiotics are highlighted along with the challenges that must still be met before these intriguing and exciting new therapeutic tools can be widely deployed.

The discovery and application of antibiotic drugs is among the most significant accomplishments of medical science. Alexander Fleming’s discovery of penicillin (Fleming, 1929) and subsequent discovery and development of multiple classes of natural product antibiotics have been transformational to modern society. These compounds have yielded cheap and effective treatments for diseases caused by common bacterial infections that would previously have proven fatal. The advent of effective antibiotic drugs has made it possible to survive complex surgical procedures like open heart surgery and organ transplants and extended the average human life-span (Riley, 2005; Kaviani et al., 2020). The benefits of readily available antibiotic drugs have extended into agriculture and aquaculture, making it possible to increase productivity of farmed animals (Park et al., 1994; Patel et al., 2020).

Jul 27, 2023

The true costs of ageing

Posted by in categories: economics, life extension

The rich world is ageing fast. How can societies afford the looming costs of caring for their growing elderly populations? film supported by @mission.winnow.

00:00 The wealthy world is ageing.
01:17 Japan’s elderly population.
02:11 The problems of an ageing world.
04:01 Reinventing old age.
05:48 Unlocking the potential of older years.
07:09 Reforming social care.
08:20 A community-based approach.
11:08 A fundamental shift is needed.

Continue reading “The true costs of ageing” »

Jul 26, 2023

ChatGPT creator says AI advocates are fooling themselves if they think the technology is only going to be good for workers: ‘Jobs are definitely going to go away’

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

Generative artificial intelligence technology such as ChatGPT could boost productivity for many workers in the years ahead. But some people are likely to lose their jobs in the process.

That’s according to Sam Altman, the CEO of OpenAI, the company behind ChatGPT. Altman said in June that AI’s development could provide the “most tremendous leap forward” for people’s quality of life. But he also said in March it’d be “crazy not to be a little afraid of AI” and its potential to create” disinformation problems or economic shocks.”

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