Filtered by tag: Economics

HUMANITY TRUMPS TECHNOLOGY

Published on: 19 July 2018

Mind-reading tech worn by employees is alienating customers

Dateline: 1 May 2024

Lisa Chen's mother always said that Lisa's whole spectrum of emotions is reflected on her face. Regardless of whether she's angry or ecstatic, Lisa has always been unable to mask what she's feeling. She always felt bad about it, until now. Back in 2018 it came to light that firms in the electronic equipment, power supply and telecoms industries were using sensor-fitted hats and helmets to measure their workers' levels of stress, anxiety and depression. Based on the data, employers adjusted shifts ...

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How will we measure future corporate success? Metrics need a recalibration!
Posted: 16 July 2018

We have been positing for years that corporate success sin the future will be forced to shift form pure quantitative financial performance to incorporate wider societal impact - WAY beyond CSI and balanced Scorecard type initiatives. The pressure on rampant and greedy capitalism is growing - business needs to think about this deeply before its too late. We need to retain capitalism's ...

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Larry Fink, CEO of $6.3 trillion manager BlackRock, just sent a warning letter to CEOs everywhere
16 July 2018
BlackRock CEO Larry Fink just sent a warning shot to CEOs across the world: start accounting for the societal impact of your companies.
MindBullet logo DEMISE OF CAPITALISM AND FREE ENTERPRISE
Is there a new model arising out of the ashes?
Dateline: 21 May 2015
Ongoing violent protests in major cities around the world are crippling developed economies. What started with an overt war against business in India by ...
America last
Posted: 26 June 2018 1 Comment

As our MindBullet suggested last year, the one who starts a trade war, often shoots himself in the foot. Now Harley-Davidson (how American can you get?) is moving out. More will follow; people who are stuck in the old industrial era mindset just don't get that the paradigm has changed. Capital, skills and jobs have never been more mobile. The only way to reverse globalization, is to reverse ...

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‘American success story’ Harley-Davidson to shift production out of U.S. to avoid Trump’s trade war
26 June 2018
The EU’s tariffs retaliating against Trump’s steel and aluminum levies will cost Harley about $2,200 per bike shipped to Europe
MindBullet logo WALLS GO UP, TRADE COMES DOWN
Global downturn follows isolationist resurgence
Dateline: 7 March 2021
Brexit, Trump and now Le Pen. As the old, established economies turn inward and nationalist, global trade and co-operation suffer. It's been left to the ...
Democratizing food production
Posted: 11 July 2018

Dubai certainly has an eye to the future, and is keen to embrace new tech, from drones to blockchain to driverless cars. Now they are also looking at a substantial investment in urban (vertical) farming. The reasoning is sound, as they want to manage their own supply chain, and can afford the capital outlay. It will be interesting to see how this ...

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MindBullet logo THE GARDEN OF REASON (OR IS IT TREASON?)
Urban farming is here to stay, and that's a good thing, isn't it?
Dateline: 1 March 2021
For some time now, various cities have been experimenting with vertical farming, rooftop farming, and even basement farming with LED lighting. Now it's maturing into a fully-fledged industry, just like fish farming. Farming without land, or even soil, sounds like a contradiction in terms, but hydroponics is not a new idea - it's just become more profitable. Being physically close to the ...
World's smallest computer, again
Posted: 27 June 2018

Not to be outdone by IBM, who recently boasted the smallest functional device at 1mmx1mm, the University of Michigan has created one even smaller - so small that it makes a grain of rice look gigantic alongside.

The jury is out whether these nano devices qualify to be called 'computers' but the opportunities they offer for massively distributed sensors capable of gathering and processing data ...

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World’s tiniest ‘computer’ makes a grain of rice seem massive
27 June 2018
The University of Michigan was salty that IBM made a smaller computer than it did, so it made an even smaller computer.
MindBullet logo MOORE'S LAW COMES TO AN END
High performance computing is embedded everywhere and virtually free
Dateline: 22 September 2022
Moore's Law says, in essence, that computer processors become twice as powerful, and half the price, approximately every two years. Over time that sort of ...
Re-inventing the dairy industry: no cows required
Posted: 19 June 2018

About a year ago, we wrote a MindBullet about how tech would change the food industry, as lab grown meat and plant products would take over from animal farming. Here's a startup that wants to produce alternative milk proteins for the dairy industry, without any cows.

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Milk and dairy products without the cow, Perfect Day re-invents dairy
19 June 2018
WHY THIS MATTERS IN BRIEF The way we produce food today is, for the most part, hugely wasteful and has a huge impact on the environment, vertical farms, ...
MindBullet logo NERDS TRIUMPH OVER COWS
Clean meat comes to market
Dateline: 28 June 2019
It's common cause that the meat industry is not very kind to animals, and intensive cattle farming is not very good for the environment in general. What's ...
American solar grows and grows
Posted: 14 June 2018

Despite a slump in solar installations, as a result of Trump's tariffs on imported panels, solar continues to shine in the US, and has overtaken gas and wind power for new installations. The tariffs should make Elon Musk happy, as Tesla is building a huge factory to manufacture their own panels, and their solar roof tiles are also made in the US.

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Solar Has Overtaken Gas and Wind as Biggest Source of New U.S. Power
14 June 2018
Despite tariffs that President Trump imposed on imported panels, the U.S. installed more solar energy than any other source of electricity in the first ...
MindBullet logo SOLAR POWER GOES VIRAL
Rooftop, backyard and portable solar is the new meme
Dateline: 15 March 2022
The biggest energy revolution in 150 years has arrived gradually, then suddenly. Now it's here. Personal solar power has displaced central utilities ...
Which - as yet uninvented - jobs will we be doing in the next 10 years?
Posted: 14 June 2018

Ten years ago jobs like Social Media Manager and App Developer were practically non-existent. Now almost everyone knows someone who works in one of those roles.
Although there will be losers, who are unable or unwilling to re-skill themselves for the future, AI and robotics will probably not lead to a "job cliff"; instead, the "machines" will open up doors to as yet uninvented professions. ...

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America is unprepared for the "jobs apocalypse" automation will bring
14 June 2018
Millions of low-skilled workers who are already being pushed out will need to adapt to the new economy
MindBullet logo HOORAY FOR THE MACHINES! THEY'VE CREATED MILLIONS OF NEW JOBS
Fears of jobless growth recede as markets demand new human skills
Dateline: 17 June 2023
The prophets of doom have been hard at work for the past decade, telling us that automation, robotics and machine learning are going to destroy jobs and ...
The internet of tiny, smart, things
Posted: 11 June 2018

Pete Warden, in a recent blog post, shares his vision for the future of machine learning, offloaded to tiny devices that run with very low power requirements. If you're interested in the future of smart devices, and how these things could change the way industries and businesses operate, then it's well worth a read. And I think the MindBullet I've linked below is entirely relevant.

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Why the Future of Machine Learning is Tiny
11 June 2018
When Azeem asked me to give a talk at CogX, he asked me to focus on just a single point that I wanted the audience to take away. A few years ago my ...
MindBullet logo MOORE'S LAW COMES TO AN END
High performance computing is embedded everywhere and virtually free
Dateline: 22 September 2022
Moore's Law says, in essence, that computer processors become twice as powerful, and half the price, approximately every two years. Over time that sort of ...

CHINA GOBBLES UP EUROPE

Published on: 7 June 2018

EU shareholders are selling out - to China

Dateline: 23 April 2023

If you want to exit from a large, EU-based, multinational concern, just sell it to the Chinese. They're buying. Everything. In the last five years, Chinese acquisitions and investments in Europe have tripled, compared to the previous decade. China's 'economic imperialism' in Africa and Latin America is widely recognized and well documented, but its forays into Europe have been more stealthy. Published details of deals to acquire or invest in power and logistics, property and football clubs, are ...

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Trade wars are bad for trade, and everyone
Posted: 6 June 2018

In our MindBullet published over a year ago, we suggested that when walls go up, trade comes down, and when trade comes down, we all suffer, economically at least, and also in the sense of freedom of choice. And now here it starts...

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This means war: Canada and Mexico retaliate against Trump’s tariffs
6 June 2018
Canada responded to the US tariffs on steel and aluminium by imposing billions worth of countermeasures, while Mexico put duties on food and steel and the ...
MindBullet logo WALLS GO UP, TRADE COMES DOWN
Global downturn follows isolationist resurgence
Dateline: 7 March 2021
Brexit, Trump and now Le Pen. As the old, established economies turn inward and nationalist, global trade and co-operation suffer. It's been left to the ...
USA, with China, faces a serious demographic challenge!
Posted: 22 May 2018

Every culture and society needs a certain level of birth rate to stay vibrant, relevant and successful. USA has suddenly tipped negatively and without adequate immigration, it wont survive in the long run. China faces a similar challenge as does Europe and the UK.

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The US isn’t fertile enough to sustain itself without immigrants
22 May 2018
Last year saw the lowest birth rate in the US since 1978, according to data from the US National Center for Health Statistics. The decline in fertility in ...
MindBullet logo CHINA DEMANDS IMMIGRANTS NOW
Falling population threatens economic miracle
Dateline: 15 August 2036
"I'm not sure what to expect, but it could be the largest human migration since the forming of the modern United States," says Rosemary Chen, a social ...
Energy disruption an opportunity for storage
Posted: 22 May 2018

"Wind and solar — and, to be sure, gas — have transformed the energy landscape over the past decade. Storage will do the same over the years to come."

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Storage Will Be Energy’s Next Big Thing
22 May 2018
The cost of renewables has been sinking. Harnessing the excess could be huge.
MindBullet logo SOLAR POWER GOES VIRAL
Rooftop, backyard and portable solar is the new meme
Dateline: 15 March 2022
The biggest energy revolution in 150 years has arrived gradually, then suddenly. Now it's here. Personal solar power has displaced central utilities ...
Migrants are an asset
Posted: 21 May 2018

Many advanced economies have faced static or even declining natural growth in their populations. Combined with ageing, as in Japan, this has severe implications for economic growth. The IMF says that these countries should see migrants as a valuable resource, rather than a problem, and I agree.

For another perspective, see the MindBullet 'BORDERS CRUMBLE, COUNTRIES MERGE AND SPLIT' ...

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More migrant workers needed to offset ageing population, says IMF
21 May 2018
Fund’s report advises advanced economies against greater controls on migration
MindBullet logo SWEDEN APPLIES FOR IMF BAILOUT
Nordic nation runs out of money for UBI program
Dateline: 24 November 2029
Six years after voting to implement a universal basic income (UBI) of 5,200 Swedish Krona per citizen, Sweden has applied for an International Monetary ...
Deeply concerned about the line of this preduiction
Posted: 18 May 2018 1 Comment

Dear editors with all the respect this prediction sounds a little bit racist and it really disappointed me because I really like to read your predictions!

Unfortunately on this post you imply that migrants do not contribute in anything to the countries that receive them and more than that you insinuate that they could become in a heavy load for those Rich generous and mainly white ...

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MindBullet logo SWEDEN APPLIES FOR IMF BAILOUT
Nordic nation runs out of money for UBI program
Dateline: 24 November 2029
Six years after voting to implement a universal basic income (UBI) of 5,200 Swedish Krona per citizen, Sweden has applied for an International Monetary Fund bailout. "UBI has bankrupted us!" said Jarl Johansson, spokesperson for the Swedish National Debt Office (Riksgälden). The first-of-its kind national UBI scheme pays every Swedish resident over the age of 13, regardless of working ...
Malls are not dead - yet
Posted: 17 May 2018

Ten years ago (yes a decade!) we published this MindBullet about the changing future of shopping malls. Here's a report on the decline and transformation in US malls, and it's not over yet. According to this report, about one third of US malls need to close, and many need to transform, but "A" class malls are still very valuable.

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DEEP DIVE: The Mall Is Not Dead: Part 1 - Coresight Research
17 May 2018
This is the first report in a three-part series in which Fung Global Retail & Technology analyzes the US mall landscape.
MindBullet logo FROM MALLS TO MARKETS IN A DECADE
Economic quagmire destroys appetite for 'retail therapy'
Dateline: 30 October 2018
Today is the tenth anniversary of the opening of 'Westfield London', then the biggest urban shopping mall in Britain. This marble temple to up-market ...
How millennials will boost the gig economy
Posted: 8 May 2018 1 Comment


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MindBullet logo OLD JOBS DIE, NET WORK BOOMS
As traditional employment falls, entrepreneurship has never been stronger
Dateline: 17 September 2016
Isn't it interesting how often predictions about the future turn out to be completely wrong? Take the astonishing explosion of technology. The fear was that technology would kill jobs and put people on the street. The new connected world is doing exactly the opposite! Don't get me wrong, it certainly is killing some jobs - mainly low-value admin and 'grunt-work' positions. But in a world ...

SWEDEN APPLIES FOR IMF BAILOUT

Published on: 17 May 2018 3 Comments

Nordic nation runs out of money for UBI program

Dateline: 24 November 2029

Six years after voting to implement a universal basic income (UBI) of 5,200 Swedish Krona per citizen, Sweden has applied for an International Monetary Fund bailout. "UBI has bankrupted us!" said Jarl Johansson, spokesperson for the Swedish National Debt Office (Riksgälden). The first-of-its kind national UBI scheme pays every Swedish resident over the age of 13, regardless of working status and formal citizenship, a monthly living wage. The program was hailed as a progressive social success when ...

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CHINESE MILLENNIALS OVERRUN THE WORLD

Published on: 10 May 2018

Tourism is the new addiction for affluent young Chinese

Dateline: 5 June 2025

In just over two decades China has grown from small fry in travel terms to the world's biggest outbound market, leapfrogging and outpacing the United States. "May you live in interesting times!" is an ancient Chinese curse, a bit like a reverse compliment. Now it should be "May you be visited by many Chillennials!" It's a double-edged sword, both a blessing and a curse. Chinese millennials, as a segment or cohort, have more spending power than their American or European counter-parts; partly due to ...

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China adds 10GW of solar power - in three months
Posted: 2 May 2018 1 Comment

This is equal to the output from 10 giant nuclear power plants - and China added it in just three months!
What on earth is South Africa doing with a profligate and inefficient Eskom, and continuing with plans for nuclear...in one of the sunniest countries of the world! ...

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China is installing a bewildering, and potentially troublesome, amount of solar capacity
2 May 2018
It added almost 10 gigawatts of photovoltaic generation to its grid in the first three months of this year—allow us to provide a little context about how ...
MindBullet logo SOLAR POWER GOES VIRAL
Rooftop, backyard and portable solar is the new meme
Dateline: 15 March 2022
The biggest energy revolution in 150 years has arrived gradually, then suddenly. Now it's here. Personal solar power has displaced central utilities ...

Filtered by tag: Economics