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Filtered by tag: Economics
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Taxing the robots
Posted: 26 June 2016  
Now here's a great debate, and one that has been readily explored in movies and novels...should robots be recognised as 'human' personalities?
The EU might even go further, if current legal [proposals are adopted. They;re considering taxing the robots, just as our MindBullet of 2015 suggested. Truth is frequently becoming stranger than fiction! ...
Robots in Europe May Become "Electronic Persons"
26 June 2016
The European parliament's committee on legal affairs submitted a draft proposing the taxation of robot employees, asking companies employing them to pay ...
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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Turning back the clock of age
Posted: 26 June 2016  
We've been talking about science reversing the ravages of aging for a long time now. One of our favourite biotechnology professors used to open his sessions with our clients by stating:" 'The first children that will live to be 120 years old have already been born...'
And now, it seems to be on the verge of happening. The first human volunteers are preparing to test a drug that has shown ...
First Science-Backed Anti-Aging Drug to Be Tested in Humans Next Month
26 June 2016
Nicotinamide mononucleotide, which has been proven to reverse signs of aging in mice, including decline in eyesight, metabolism, and glucose intolerance, ...
MindBullet logo EU MAKES RETIREMENT AGE 90
Actuarial data point way to long working lives
Dateline: 12 November 2030
The UK's Institute of Actuaries has blown the whistle on the continued political battle over the official retirement age in the EU. For the past few years ...
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Solar power in a box
Posted: 24 June 2016  
This is a pretty cool idea. A solar power mini-plant that fits in a shipping container, and can be unpacked and operational within hours. Great for off-grid villages who need basic power for light and phones.
IKEA of energy delivers clean, green solar power-plant in a box
24 June 2016
A start-up offering flat-packed solar generators is hoping to give a boost to poor villages off the grid
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 ...
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Doing away with borders
Posted: 20 June 2016  
As the New Scientist says in this article, nation states are an increasingly poor way to organise and run a planet. The current migration crises prove that here and now, in 2016, borders are a problem that can't easily be solved. Are they morally and philosophically defensible? In a future where national currencies are replaced by blockchains and tax regimes compete for residents, will ...
End of nations: Is there an alternative to countries? - New Scientist
20 June 2016
Nation states cause some of our biggest problems, from civil war to climate inaction. Science suggests there are better ways to run a planet
MindBullet logo BORDERS CRUMBLE, COUNTRIES MERGE AND SPLIT
Migration is the new normal as ultra-mobility ramps up
Dateline: 28 October 2023
In the face of a constant flood of political and economic refugees, as well as 'citizens of the world,' geographic borders are becoming an increasingly ...
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Canada working on a blockchain-based digital dollar
Posted: 17 June 2016   1 Comment
Anyone who has attended a FutureWorld presentation in the past year or two will have heard us proclaiming that the blockchain is a fundamental advance in finance, and could herald a new era of cyber-currencies, as well as other transactions, from property to art, based on the public, distributed ledger system.
In fact, it was back in 2005 that we wrote the MindBullet alongside, about the US ...
Bank of Canada trials blockchain-based digital dollar
17 June 2016
The Bank of Canada has been working with the country's biggest banks and the R3 consortium on a blockchain proof of concept that uses a digital fiat ...
MindBullet logo US TREASURY LAUNCHES eDOLLAR
Credit cards & PayPal threatened by electronic cash
Dateline: 9 November 2009
The retail banking industry stands on the edge of a crisis today after the US Treasury announced it would start issuing digital cash. The new eDollars ...
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Amazon founder joins the space race
Posted: 17 June 2016  
Richard Branson is into space. Elon Musk is into space. And this weekend, Amazon founder and CEO Jeff Bezos joins them when his rocket blasts off. Space is truly being privatised.
Blue Origin to live broadcast rocket launch for the first time
17 June 2016
You can't accuse Blue Origin of being entirely secretive. But when Jeff Bezos' New Shepard vehicle is fired into the air on Sunday he'll be giving space ...
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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Combining exponential technologies
Posted: 17 June 2016  
Re-enforcing our theme that it's the combinatorial nature of emerging technologies that gives them the power to create exponential change, comes this story about a bus developed by Local Motors. It is mainly 3D-printed, driverless of course, and uses artificial intelligence to talk to passengers. That's mobility as a service, coming soon to a city near you!
Driverless bus harnesses IBM's Watson to shoot the breeze with passengers
17 June 2016
Olli is an autonomous electric bus unveiled by Local Motors today just outside Washington DC?. The on-demand bus, most of which is 3D-printed, will ...
MindBullet logo MOBILITY AS A SERVICE
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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MOBILITY AS A SERVICE
Published on: 16 June 2016   1 Comment
MindBullet picture
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 has caused a major re-think. It's not enough to insist on electric vehicles; privately owned cars are just so wasteful. Now it's becoming illegal to own your own car. It takes up too much of the city's resources, parking and charging; and the wasted asset, standing idle while you are not travelling - where's the sense in that? Fleet vehicles can ...
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The green energy future beckons
Posted: 13 June 2016  
The future of energy is a deeply fascinating space! There will be new winners, and some big losers - mainly slow and cumbersome incumbents, locked into fossil fuels.
Eight massive power shifts as demand for fossil fuels fades
13 June 2016
The way we get electricity is about to change dramatically, as the era of ever-expanding demand for fossil fuels comes to an end - in less than a decade.
MindBullet logo WORLD POWERS JOIN CHINA'S ‘NO FOSSIL FUEL’ STRATEGY
Europe appears to be left on the fringe of a new green revolution
Dateline: 10 January 2009
Less than a year after China’s bold move to marginalize fossil fuels, India and the USA have released similar strategies, within hours of each other. This ...
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Space mining gets a boost
Posted: 13 June 2016  
When the idea of mining asteroids or other planets was first floated, I admit that I was sceptical and inclined to dismiss it as pure wishful thinking. But the possibilities - like a single asteroid containing more platinum than earth's entire reserves - make it worth thinking about. Now Luxembourg is seeking to entice a completely new industry to their territory, by offering a fund and laws ...
Luxembourg Establishes €220 Million Fund for Space Mining
13 June 2016
Luxembourg has just set up a $227 million fund to help develop space mining as a viable industry and entice companies to set up shop within its tiny little ...
MindBullet logo PLANETARY RESOURCES LOSE RELEVANCE
Earth-bound technology thwarts ambitious galactic venture
Dateline: 9 June 2020
Eric Anderson kick-started the space tourism industry at the age of 23. His company, Space Adventures, sent seven bold millionaires into space on Russian ...
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Towards a circular economy in food
Posted: 6 June 2016  
Danone has not always been seen as the most environmentally-friendly company in the world - but this McKinsey interview with its CEO on a circular economy in food is impressive. Of course, we argue in Future World that 'sustainability' is a yesterday concept. Instead of being sustainable, we should strive to thrive!
Toward a circular economy in food
6 June 2016
The French food and water company Danone has a history of environmental awareness. In this interview with McKinsey partner Clarisse Magnin, CEO Emmanuel ...
MindBullet logo THE END OF HUNGER IN SIGHT
Moringa wonder-plant brings food security to Africa and Asia
Dateline: 5 April 2019
Global poverty has been in decline for 25 years, and now hunger and malnutrition are a thing of the past, world-wide. Although the wonder tree, Moringa ...
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Beating nature at her own game
Posted: 6 June 2016  
Some of our old friends might remember the MindBullet alongside from 2009, when we postulated about science cloning photosynthesis to create energy. And...it's happening. Read on!
Latest bionic leaf now 10 times more efficient than natural photosynthesis
6 June 2016
Great strides have been made in artificial leaves that produce energy from water and sunlight. Now, scientists have developed the "bionic leaf 2.0," which ...
MindBullet logo SCIENCE CLONES NATURE FOR 'FREE' ENERGY PLAN
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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Robo Soldiers, Drones...future of warfare should be different!
Posted: 26 May 2016  
As automation reaches the military, we should see a dramatic shift in warfare and a massive drop in traditional arms manufacturers. But will we? Is the lobby and stranglehold too strong? Who will be disrupted??
MindBullet logo CYBER CRIMINALS DESTROY REAL ASSETS
Hackers wage war on citizens of prosperous virtual worlds
Dateline: 18 March 2012
Jupiter Stormshadow stares sadly at the remnants of his castle in one of the outlying fifes of Norrath. "All this used to be mine, then the serfs ...
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Chinese banks top the world's biggest company list
Posted: 26 May 2016   1 Comment
So which are the biggest companies in the world? Forbes has just released its annual survey of the world's biggest public corporations in 2015. And the top three spots are all taken by Chinese banks. How the world has changed! Our MindBullet from 2014 may just be on the money!
Forbes' 14th Annual Global 2000: The World's Biggest Public Companies
26 May 2016
NEW YORK (May 25, 2016) — Forbes released today the 14th annual Global 2000 list, a ranking of the biggest, most powerful and most valuable companies in ...
MindBullet logo MIDDLE KINGDOM REIGNS SUPREME
China beats the odds and the analysts and doubles its economy in a decade
Dateline: 8 August 2025
China has proven all its detractors wrong - again. Despite predictions of economic collapse by global doomsayers, China has doubled its GDP in ten years, ...
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Beyond Moore's Law
Posted: 20 May 2016  
It's uncanny how exponential technologies continue to surprise, even when we think we've reached the limit of advancement along a particular path. Googles secretive Tensor chip claims to advance algorithmic computing by three doublings over current technologies. Just a month or two ago, NVidia unveiled their latest supercomputer for machine learning, claiming 12-times faster performance over ...
Google's Tensor Processing Unit could advance Moore's Law 7 years into the future
20 May 2016
Google unveils custom TPU chip, which it says advances computing performance by three generations.
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 ...
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NOT FUSION'S FATAL FAILURE
Posted: 19 May 2016   1 Comment
I can’t let the sentiment of this article go unchallenged. One must be careful of using purely current short-term financial arguments to select technologies for investment, for matters that have a global scale. From a physics perspective, renewables and fossil fuels are very diffuse in energy density, and one must harvest vast amounts of material, or vast volumes of air, or vast areas of the ...
MindBullet logo FUSION'S FATAL FAILURE
Power from nuclear fusion is forever beyond our grasp
Dateline: 12 May 2026
The greatest nuclear fusion experiment, ITER, has been mothballed barely a year after being switched on. "It's unlikely we'll ever achieve ignition," said the project's acting chief scientist, "and without substantial budget increases, it's not worth doing anything else." The International Thermonuclear Experimental Reactor (ITER) project was begun in 2006, but took almost 20 years to reach ...
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New solar efficiency record
Posted: 18 May 2016  
Advances in solar technology continue to astonish. Coupled with developments in battery storage, the energy marketplace is being reinvented. Many, many incumbents are facing tough times ahead.
New world record set for converting sunlight to electricity
18 May 2016
An Australian team has set a new record for squeezing as much electricity as possible out of direct, unfocused sunlight via a new solar cell configuration. ...
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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Gas power in Africa
Posted: 17 May 2016  
In Rwanda they are finally getting electric power from gas, and they don't even have to go to the trouble of fracking. The gas is simply extracted from the deep waters of Lake Kivu, where it occurs naturally. Although this is a relatively small scale plant, it's the first of its type in the world, and could be expanded to provide significant power in a region that is critically under-served. ...
Rwanda Inaugurates Groundbreaking Methane Power Project
17 May 2016
First-of-its-kind project to extract gas—and avert catastrophe—comes online on Central Africa’s Lake Kivu.
MindBullet logo AMERICA THE OIL EXPORTER
Unconventional oil and gas alters the geopolitical balance
Dateline: 4 July 2025
Over the last 20 years, North American oil and gas reserves have been boosted by the large scale exploitation of so-called unconventionals - mainly shale ...
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Blockchain buzz
Posted: 13 May 2016  
There's much hype, much truth and much confusion about blockchain and bitcoin. This article opens the debate with some powerful comments.
Commentary: Five myths about the Blockchain revolution
13 May 2016
Blockchain technology is the most important invention in computing in a generation because, for the first time in human history, we have at our disposal
MindBullet logo BLOCKCHAIN BUSINESSES THAT RUN THEMSELVES GO VIRAL
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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FUSION'S FATAL FAILURE
Published on: 12 May 2016   2 Comments
MindBullet picture
Power from nuclear fusion is forever beyond our grasp
Dateline: 12 May 2026
The greatest nuclear fusion experiment, ITER, has been mothballed barely a year after being switched on. "It's unlikely we'll ever achieve ignition," said the project's acting chief scientist, "and without substantial budget increases, it's not worth doing anything else." The International Thermonuclear Experimental Reactor (ITER) project was begun in 2006, but took almost 20 years to reach completion, to the point where it could be activated. After decades of delays and cost overruns, there was ...
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