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Filtered by tag: Economics
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Anything but Clump?
Posted: 21 October 2016  
With the increasing disenchantment with both candidates in the digital media, one wonders if our recent MindBullet, suggesting an AI system would be the best POTUS, isn't right on the mark.

After publishing this MindBullet, we came across this article from earlier in the year that asks the same question: Could a robot run for President? ...
Could a robot run for U.S. president in 2020?
21 October 2016
Advances in artificial intelligence have raised the question of a supercomputer running for office.
MindBullet logo AI FOR PRESIDENT
The next Commander in Chief is an avatar
Dateline: 3 November 2020
When a Presidential decision can affect millions of people's lives, it's a weighty matter; one that must balance ethics, integrity and pragmatism with what ...
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Published on: 20 October 2016   1 Comment
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The next Commander in Chief is an avatar
Dateline: 3 November 2020
When a Presidential decision can affect millions of people's lives, it's a weighty matter; one that must balance ethics, integrity and pragmatism with what is best for the majority of the people. It's not easy to arrive at the best decision, even with a host of expert advisors. That's why it is best left to the dispassionate rationality of Artificial Intelligence. Since Watson learned to diagnose cancer quicker and more accurately than the most experienced oncologist, the IBM AI platform has also ...
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The future of mobility
Posted: 11 October 2016  
Here's an interesting article on urban mobility in 2030, by McKinsey&Company, based on their report. I am pretty sure that by 2030 most urban dwellers will prefer to view mobility as an on-demand service, rather than an investment in personal vehicles. McKinsey provides several models for the future, all of them disruptive. That's the key - disruption is certain.
An integrated perspective on the future of mobility
11 October 2016
A number of social, economic, and technological trends will work together to disrupt mobility, potentially creating three new urban models by 2030.
Private cars banned in New York and London
Dateline: 17 August 2019
Four years ago, it was proposed that gasoline and diesel vehicles be banned from certain cities and states; but the new trend towards mobility as a service ...
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How to train your robot
Posted: 6 October 2016  
In a previous MindBullet we talked about the Robot Internet, where unskilled robots could download all the information they needed to perform a skill or carry out a new function. There's a name for that now, and it's 'cloud robotics'. Using connected artificial intelligence, let robots learn from each other. That's what Google is doing.
Google's next big step for AI: Getting robots to teach each other new skills
6 October 2016
Robots haven't reached human intelligence yet, but Google's researchers are showing how they're closing the gap using downloadable intelligence.
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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Published on: 6 October 2016  
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Brexit looks benign in the face of new shocks
Dateline: 14 October 2017
Disruption and turbulence are the new normal, as Black and 'Grey' Swans hatch repeatedly. When the British voted to leave the EU, it was a great shock to the global system, and markets reacted in both predictable, and unpredictable ways. While everyone was 'waiting and seeing' which way the wind would blow, Donald Trump became POTUS, sending another shockwave through the world. Within a year, France and Germany saw populism and reactionary forces replace their governing parties, and the EU is ...
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The urban future
Posted: 26 September 2016  
We have published MindBullets before about the inexorable shift to an urban demographic. Key in this trend is China's stated intention to reach 75% urbanization, and Africa will catch up eventually. So, will cities, both economically powerful and housing many voters and tax payers, become the center of influence in the future?
Why The Future Will Be Dictated By Cities, Not Nations
26 September 2016
Cities encourage forward-thinking attitudes that will transcend the rise, fall, and enacting of bad policies by their parent countries.
United Nations blames supersized cities for world's social ills
Dateline: 15 March 2039
In a sweeping move, the United Nations has ordered the 75 largest megacities in the world to come up with strategies to radically reduce their urban ...
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Published on: 8 September 2016  
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Traditional religious beliefs are dying out as global living standards rise
Dateline: 1 September 2034
A charismatic preacher once wrote that to get seriously rich, start your own religion. But academics suggest the world's major religions, including Christianity, Islam, Judaism, Hinduism and Buddhism, emerged as an evolutionary response to the differences in lifestyle between wealthy elites and other, poorer, communities. The disadvantaged classes needed hope for a better future, and a deity to blame for their misfortunes; a higher order being in which to place their faith. Now that poverty is ...
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Electric cars could replace most of today's vehicles
Posted: 18 August 2016  
Will eletric cars take off? The skeptics tell us that our love affair with fossil fuels will continue for decades. But perhaps not! Read this study from MJT that shows that even today, the level to which electric vehicles have developed means that almost all our driving needs could be met today.
MIT Reveals That Current Electric Cars Could Viably Replace 90% of Today's Vehicles
18 August 2016
An MIT study has shown that electric vehicles can now replace roughly 90% of the conventional vehicles in the market. Enabling it to play a significant ...
Private cars banned in New York and London
Dateline: 17 August 2019
Four years ago, it was proposed that gasoline and diesel vehicles be banned from certain cities and states; but the new trend towards mobility as a service ...
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Virtual economies get real
Posted: 11 August 2016  
Nine years ago, we wrote about an interface where you could fly around the world virtually, enter virtual copies of real-world stores, and buy goods. Well, it's finally happening. Alibaba is trialling a VR payment system. Who says we futurists can't think ahead of the game?
Alibaba trials virtual reality payments for VR malls
11 August 2016
The virtual world just got a new payments technology and it’s as easy as nodding your head Chinese web behemoth and Amazon stalking horse Alibaba is ...
Virtual world covers two-thirds of the 'real' world
Dateline: 7 June 2017
Google Earth's virtual online buildings, designed and built by the in-world residents, now cover most of the developed world and all major tourism ...
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The future for coal is bleak
Posted: 10 August 2016   1 Comment
The economic impacts of a changing energy paradigm are being felt first in the coal industry:

Hillary Clinton’s $30 billion plan to revitalize communities threatened by coal’s decline promises to do more. But even that money might not be enough. “There is too much focus right now on ‘How do we replace these 10,000 good-paying jobs?’” says Peter Hille, the president of the Mountain Association ...
Climate change is already having severe economic impacts, beginning in coal country
10 August 2016
The demise of the coal industry should start a discussion of how we will respond to the economic upheaval caused by global warming.
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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Artificial photosynthesis
Posted: 29 July 2016  
The holy grail of solar energy is to do what leaves do - turn sunlight into useable fuel. We wrote a MindBullet about the possibilities of such technology seven years ago. Now it seems that there has been a breakthrough on this front. More recently we published a MindBullet about catalysers that capture carbon. This new 'breakthrough' both captures carbon from the atmosphere and produces ...
Breakthrough solar cell captures carbon dioxide and sunlight, produces burnable fuel
29 July 2016
Researchers at the University of Illinois at Chicago have engineered a potentially game-changing solar cell that cheaply and efficiently converts ...
Nano-machines do photosynthesis better than leaves
Dateline: 12 June 2030
What started as a bold project at Imperial College London in 2009, has now reached its first stage of commercialization in the deserts of north ...
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Hacking of automated vehicles a threat
Posted: 27 July 2016  
We call it "second-order implications". How will the dramatic changes happening today in technology and business models impact other industries down the track - including your business. So we see the warning from GM that driverless, automated vehicles will be threatened by hackers.
Have you started thinking about potential impacts on your business from this changing world? That's what we do ...
GM’s CEO, Mary Barra, says the threat of cars being hacked will pose a risk to the entire car indust
27 July 2016
The auto industry may need to team up to prevent spyware, phishing, and ransomware from infecting your ride.
Private cars banned in New York and London
Dateline: 17 August 2019
Four years ago, it was proposed that gasoline and diesel vehicles be banned from certain cities and states; but the new trend towards mobility as a service ...
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Moores Law on steroids?
Posted: 23 July 2016  
Many suggest that Moores Law may be nearing its end, and the rate of technological change and hence disruption is coming to a welcome end. However others believe the journey is just starting! Best one buckles up then as the ability to store, manipulate and work with data at atomic level suggests that the rate of tech advancement is a long way from slowing down!
World's Smallest Hard Drive Writes Data Atom-By-Atom
23 July 2016
Using this breakthrough technology, all the books in the world could be stored on a device the size of a postage stamp.
Amazon, Google and eBay dominate internet hardware
Dateline: 5 September 2009
Why buy cows when all you need is milk? Have you noticed how no-one buys any server hardware anymore? In fact, I can't remember the last time a company ...
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AI drives costs lower and changes the energy game
Posted: 21 July 2016  
Another win for AI in the energy space is its application to optimising energy demand and cost.
Google uses AI to save on electricity from data centres - BBC News
21 July 2016
Its artificial intelligence division, DeepMind, has cut Google's data centres' energy consumption by 15%, using a machine-learning algorithm.
Home users embrace cheap bacterial fuel cells, leaving the utilities dependent on business customers. Is it too little, too late?
Dateline: 29 February 2016
After reporting a massive loss in sales to the domestic sector, Electricité de France, the world's largest utility, announced today that its survival would ...
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Published on: 21 July 2016  
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Investment boom in Edinburgh triggers housing shortage
Dateline: 25 June 2020
London, a city which at its peak had almost 8.5 million residents, feels like everyone has gone away for the summer. You can always get a table, even at the trendiest restaurants, and the Tube is only half full. Over the past three years, as major employers have moved their corporate headquarters, or restructured to keep their European markets, hundreds of thousands have left. Following the loss of the UK's banking passport, Frankfurt and Dublin have emerged as new centres of finance, gaining the ...
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Electric planes
Posted: 20 July 2016  
I used to scoff at the idea of electric cars becoming mainstream. While that's still not likely in Africa in the near future, the popularity of the BMW i3 and the Tesla Model 3 have changed that scenario. But electric aircraft? Surely not anything bigger than a drone? Siemens have showcased a new electric motor for a small conventional aircraft, and it flies. One thing they don't say in the ...
Siemens Showcases Brand-New Electric Motor That's Super Light, Super Powerful, And Perfect For Elect
20 July 2016
The German parts supplier completed a successful test flight of an electric airplane fitted with a brand-new electric motor that boasts unprecedented power ...
There isn't one: No pilots and no air traffic controllers
Dateline: 10 July 2019
When NATS, the UK National Air Traffic Control Service, was partially privatized in 2001, with the state retaining a 49% share, it started a long-running ...
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Atomic data
Posted: 19 July 2016  
We've written before of using DNA to store data. Now comes a nanotech method of storing data with individual atoms, the densest memory system yet.
Densest-ever memory system uses individual atoms to store data
19 July 2016
Scientists at the Kavli Institute of Nanoscience at the Delft University of Technology (TUDelft) have developed a memory technology that achieves the ...
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 ...
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Blockchain beyond Bitcoin
Posted: 15 July 2016  
Combinatorial innovation is the next opportunity for the world. New applications in old industries! Blockchain application in the energy world is just one such example.
How Blockchain Technology Can Reinvent The Power Grid
15 July 2016
The Internet of Things is challenging regulated utilities.
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 ...
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Comment to Solar Goes Viral
Posted: 13 July 2016   1 Comment
This thinking is great, It's green & clean yet installing the panels is costly (as already said). What people loose out of sight is that there is a large segment of people renting property. Along with that the people who live in high rise compartments lack both the finance and space to install the panels. We need a different design that's both cheaper and possibly something that a tenant ...
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 completely for individuals, homes and small businesses. What's more, large businesses and corporate campuses are also contributing to the energy internet, sharing their excess power in slack times, and buying back from the smart grid when they ...
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Backing up the grid
Posted: 12 July 2016  
Seven years ago we published a MindBullet about a revolutionary new type of battery that could be scaled up to power a whole city - with liquid batteries. That hasn't materialised as yet, but Los Angeles is planning a massive lithium ion battery array that could take over the peak load in summer.
World's Largest Storage Battery Will Power Los Angeles
12 July 2016
More than 18,000 lithium-ion battery packs would replace a gas-fired power plant used to meet peak demand
New York City runs all night on a single charge
Dateline: 21 April 2015
In the city that never sleeps, the lights burn all night. But don't worry, they're not consuming precious fuel or polluting the environment, because the ...
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