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Filtered by tag: Economics
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SySTEMic problems
Posted: 26 March 2015   1 Comment
Protecting any kind of career through artificial means is generally a bad idea. If a free economy indicates that an activity is no-longer valuable then that activity isn't valuable - shoring it up is just wasting money. It's natural for us to want to protect our heritage and legacy, to avoid any change, but it's also a type of sentimentality that creates more problems. Once you go down the ...
MindBullet logo STEM JOBS FUELLING INEQUALITY
SySTEMic problems necessitate policy expansion on basic wages
Dateline: 4 February 2021
The world has gotten so 'skewed' towards STEM (science, technology, engineering and mathematics) as more and more of everyday life is ruled by these fields. Overall we're better off - STEM has helped to curb carbon emissions, we just saw the first drug-based therapies for reversing strokes and heart attacks and we're desalinating enough seawater to supply half of Australia. We rely on ...
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STEM JOBS FUELLING INEQUALITY
Published on: 26 March 2015   2 Comments
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SySTEMic problems necessitate policy expansion on basic wages
Dateline: 4 February 2021
The world has gotten so 'skewed' towards STEM (science, technology, engineering and mathematics) as more and more of everyday life is ruled by these fields. Overall we're better off - STEM has helped to curb carbon emissions, we just saw the first drug-based therapies for reversing strokes and heart attacks and we're desalinating enough seawater to supply half of Australia. We rely on STEM and we want STEM, but as a result many other careers and people are falling by the wayside. STEM jobs and ...
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BLOCKCHAIN BUSINESSES THAT RUN THEMSELVES GO VIRAL
Published on: 19 March 2015  
MindBullet picture
The rise of the distributed autonomous company has disrupted markets and nations
Dateline: 17 February 2027
CarCoin has ubered Uber. AppCoin has upstaged Apple. And Africoin has made African countries irrelevant; fiscally and economically at least. Based on the cryptography that underpins BitCoin, the blockchain technology makes it possible for the value of these blockbuster businesses to be widely distributed over the internet. Unlike a listing on a stock exchange, there is no central registry, and the ledger of who owns what portion of the stock is self-contained in the blockchain itself. What's more, ...
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ENGINEERING THE PERFECT LIFE
Published on: 12 March 2015  
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Let happiness and contentment find you
Dateline: 5 May 2019
Remember the outcry a few years ago, when Facebook deliberately filtered its newsfeed to see how specific stories influenced your mood and emotions? Nowadays people are choosing to opt-in to this type of modification. With more than enough bad news going around, like terror attacks, resource shortages or natural disasters, some consumers are desperate to optimize their experiences and their life in general. Choosing to allow emotion measurement technology to track their facial expressions while ...
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Growing old and healthy
Posted: 11 March 2015  
OK, so no-one wants to live forever, but enjoying a long and healthy life is a great idea, and good for the economy too. These new drug combinations may be the start of combating old-age diseases and slowing the aging process.
Drugs that dramatically increase healthy lifespan discovered
11 March 2015
A research team from The Scripps Research Institute (TSRI), Mayo Clinic and other institutions has identified a new class of drugs that in animal models ...
MindBullet logo UN: ETERNAL LIFE IS A MATTER OF CHOICE
But remember...that makes 'death' a personal choice too
Dateline: 12 March 2021
In a statement from the United Nations today, it was confirmed that the world's G18 nations had agreed to remove the idea of 'retirement' from their ...
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Head transplant? Might just be possible!
Posted: 1 March 2015  
Imagine the unimaginable? The prospect of infinite human life is already being debated in some scientific circles. Every year steps towards this prospect happen all over the world of science. Suddenly, an Italian scientist says he will transplant a head in a few years...where could this lead humankind to? Is it even possible? The answer is yes it is possible and yes it might well happen! The ...
Surgeon Plans First Human Head Transplant
1 March 2015
Sergio Canavero claims recipients would be able to speak using the same voice and could be walking within a year.
MindBullet logo UN: ETERNAL LIFE IS A MATTER OF CHOICE
But remember...that makes 'death' a personal choice too
Dateline: 12 March 2021
In a statement from the United Nations today, it was confirmed that the world's G18 nations had agreed to remove the idea of 'retirement' from their ...
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The robots are definitely coming!
Posted: 26 February 2015  
More interesting discussion on the rapidly emerging world of intelligent robots - and the implications for humanity, and the jobs we currently hold today.
What clever robots mean for jobs
26 February 2015
Recent advances have pushed experts to look anew at changes automation will bring to labour force as robots wiggle their way into higher reaches of ...
MindBullet logo ROBOEARTH TAXES THE MACHINES
With robots paying labour tax, the 99% can be as idle and as comfortable as the elites
Dateline: 4 July 2025
We're living in the age of abundance. The age of the algorithm. The age of... well, automated utopia. Who would have thought that this soon, with machines ...
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The solar revolution
Posted: 26 February 2015  
An excellent article in the letter from Washington by Business Day's Simon Barber, on how solar power is steadily moving to the fore. And yet antediluvian administrations all over the world - and certainly in South Africa - continue to squander vast sums on old-fashioned industrial-age technologies. We need new leadership!
LETTER FROM WASHINGTON: SA’s nuclear Zumacrats ignore energy advances
26 February 2015
Every revolution has its reactionaries. In the US, these include the billionaire Koch brothers, who have been bankrolling the Tea Party wing and the ...
MindBullet logo EUROPE HELD TO RANSOM BY SUNNY AFRICAN STATES
Solar energy at the centre of an economic storm
Dateline: 11 May 2020
It's been just a year since the Afro-European solar energy initiative was launched to harness the deserts of North Africa to supply European countries with ...
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ROBOEARTH TAXES THE MACHINES
Published on: 26 February 2015   1 Comment
MindBullet picture
With robots paying labour tax, the 99% can be as idle and as comfortable as the elites
Dateline: 4 July 2025
We're living in the age of abundance. The age of the algorithm. The age of... well, automated utopia. Who would have thought that this soon, with machines doing all the work, we would also have found the solution to technological unemployment? The point is, just as horses became unemployable with the invention of engines, so humans became unemployable in the age of seriously smart machines. We call it "Roboearth." When a robot arrives from the factory, it's essentially lifeless; it can't do ...
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Energy internet
Posted: 25 February 2015  
We've been talking about the concept of an energy internet for some time now. A smart grid where both power generation is distributed and power consumption is collaborative. It's inevitable that as rooftop solar becomes more widespread and power utilities less powerful, that an efficient means of sharing excess power with your neighbours, and having extra power available on demand, will lower ...
'Smart City' knows who needs power, and when - CNN.com
25 February 2015
The city of Mannheim, Germany, uses a smart network to match electricity supply with demand.
MindBullet logo PEAK OIL IS HORSE MANURE
The stone age didn't end because we ran out of stones
Dateline: 20 January 2021
Back in the day, when horse drawn carriages and buggies were the preferred mode of transport for anyone, there was a big fear in Paris, London and New York ...
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The middle class is dying and you need to get out of it: Grant Cardone
Posted: 20 February 2015  
Some sobering statistics that (unfortunately) support this MindBullet. Read more here: http://finance.yahoo.com/news/shake-your-middle-class-status-stat-211915756.html?l=1

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MindBullet logo THE MIDDLE CLASS IS DYING
There's a growing gap between the have-lots and have-very-littles
Dateline: 3 July 2024
In 2014 the richest one percent owned 48% of the world's wealth (US$ 127 trillion). It's ten years later and they just keep on getting richer while the middle class is shrinking at an alarming rate. Because affluence has been growing, you need a much higher living standard than before in order to be classified as 'middle class' today. Emerging economy populations, who made the middle ...
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Space cowboys
Posted: 20 February 2015   1 Comment
We've been saying for some time that space is the next area for tech start-ups to make an impact, and profits. Now even venture capitalists are starting to agree with us! Cheaper launch technologies make room for (financially) risky efforts to jump into space.

"At the same time, all those launches will provide lots of opportunity for satellite hitchhiking. Jumping into some available space for ...
Space, the Final Startup
20 February 2015
Recent advances are about to put entrepreneurs into orbit.
MindBullet logo THE FINAL (BUSINESS) FRONTIER
Space tourism and satellite launches compete for profits
Dateline: 27 September 2015
The race to launch a successful private space business has been won - and the victor, surprisingly, is not Virgin's Sir Richard Branson, but a 40-year-old ...
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Basement broccoli
Posted: 13 February 2015  
More than seven years ago, we proposed a MindBullets scenario for solving the big problem of trucking fresh food into the big cities on a daily basis. Ever-increasing fuel and transport costs make this a good target for innovation. Even with the falling oil price, there are obvious benefits to growing food indoors or on roof-tops, even in artificially-lit basements. It's always organically ...
Sun-free farming: Indoor crops under the spotlight
13 February 2015
It tastes great, is hyper-local and is available all year round. But is growing food indoors in our cities really sustainable?
MindBullet logo SKYSCRAPER FARMS SOLVE URBAN FOOD SUPPLY CHAIN
Indoor farming produces fresh food where it's needed - in the store
Dateline: 1 May 2030
New thinking in urban design, plus new technologies, are turning city blocks into self-contained 'country villages'. Hydrogen fuel cells and community ...
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CHOCOLATE DEFICIT LEAVES A BAD TASTE IN THE MOUTH
Published on: 12 February 2015  
MindBullet picture
A not so happy Valentine's Day
Dateline: 14 February 2019
For the last couple of years the world has been running a chocolate deficit and it's probably not going to change anytime soon. At the moment, the global cacao sector is already in need of one million tons of cacao and the current projection is that we will have a shortfall of 2.2 million metric tons of ebony goodness by 2030. It's a real multi-faceted challenge. Ivory Coast and Ghana, which produce more than 70% of the world's cacao, have been suffering from climate change-induced droughts and to ...
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Approaching abundance?
Posted: 10 February 2015  
With the benefits of new technologies offering efficiency gains at an unprecedented scale, are we approaching a world of abundance? If so, will we have the leadership to use the efficiencies to create a fairer world for all?
Next Big Future: Advanced additive manufacturing could enable planes that are 50% more fuel efficien
10 February 2015
3d, additive manufacturing, airplanes, economic impact, energy, engineering, engines, future, rapid manufacturing, science, technology
MindBullet logo PAPER AIRPLANES SAVE FUEL
'Bucky-paper' the new composite material for energy efficient transport
Dateline: 6 September 2016
Don't look now, but the commercial jetliner you've just boarded is made out of paper. Don't worry, it's perfectly safe. This is no ordinary paper, but ...
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SOMETHING NEW IS FOR DINNER
Published on: 5 February 2015  
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Tempura crickets and locust mince are leaving diners bug-eyed
Dateline: 14 March 2024
For years, insect enthusiasts have been trying to get more people to join the bug buffet, but to no avail. In 2014 only about two billion people indulged in entomophagy, or insect eating; but that number has doubled within a decade. A culmination of events brought about the change in behaviour. Brazil and India, the biggest exporters of beef globally, have been struck by disaster simultaneously. Severe droughts in Brazil and an unidentified pest reminiscent of foot-and-mouth disease in India have ...
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UN DECLARES POVERTY ILLEGAL
Published on: 29 January 2015  
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Inequality next in the firing line
Dateline: 12 January 2021
The first resolution to come out of the United Nations for the new year is somewhat startling. Poverty has been declared 'illegal'. "A minimum living standard should be regarded as a basic human right," said the secretary general. "In this day and age, governments must ensure that for all their citizens, or step aside and let more competent people govern!" Another item on the agenda is to reduce global inequality, not only within nation states, an increasingly archaic concept, but also between top ...
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Russia cut to junk
Posted: 27 January 2015  
The scenario outlined in our recent MindBullet looks increasingly likely. Will China become Russia's strongest (and only significant) ally?
Russia downgraded to junk status for first time in decade
27 January 2015
S&P says downgrade caused by reduced flexibility to cut interest rates and weakening of financial system as oil price drops
MindBullet logo COLLAPSE OF RUBLE THWARTS RUSSIA’S NUCLEAR AMBITIONS
Putin blames oil price for Russia's cash crunch
Dateline: 5 January 2017
The oil price plunge could not have come at a worse time for Russia. Just as Putin was flexing his muscles, taking back Crimea and calling the shots over ...
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COLLAPSE OF RUBLE THWARTS RUSSIA’S NUCLEAR AMBITIONS
Published on: 22 January 2015   1 Comment
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Putin blames oil price for Russia's cash crunch
Dateline: 5 January 2017
The oil price plunge could not have come at a worse time for Russia. Just as Putin was flexing his muscles, taking back Crimea and calling the shots over gas deliveries, the value of Russia's major export commodities collapsed. As oil more than halved in value, demand for Russia's inexhaustible natural gas also dried up. Sanctions against Russia's involvement in Ukraine were helping EU states to turn to cheap Saudi oil instead. The ruble took an immediate pounding as Russian oligarchs sought to ...
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Solar realities in Hawaii
Posted: 20 January 2015  
A really interesting perspective on the realities and problems of operating alternative energies on an existing power grid. While the Hawaiian Island of Kauai has made great strides on implementing solar power - heading towards an astonishing 80% of peak power - battery technology is not always able to cope with engineering reality. But massive investments into new battery technology are ...
Battery Performance Is Hurting Hawaii’s Solar Push | MIT Technology Review
20 January 2015
Kauai’s utility takes a second stab at battery storage as solar heads toward 80 percent of peak power.
MindBullet logo COAL HITS US$10 PER TON AS SOLAR POWER SHINES
Nano solar films bring cheap energy to sunshine states
Dateline: 5 May 2018
It's hard to believe that a mere decade ago fossil fuels were at a premium, and everyone talked of 'peak oil' and the high prices of natural gas and coal. ...
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Filtered by tag: Economics
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