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Filtered by tag: Economics
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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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The energy internet goes live
Posted: 9 May 2016  
The Brooklyn micro-grid uses the blockchain to create a solar power sharing mechanism for neighbors, and it has now made its first sale of excess electricity. This is the start of what we refer to as the Energy Internet, where energy can be shared as easily as information, directly peer-to-peer, without the need for a central authority or power utility. And everyone benefits!
Brooklyn’s ‘Microgrid’ Did Its First Solar Energy Sale
9 May 2016
Brooklyn Microgrid is trying to build a neighbor-to-neighbor green energy market using the Ethereum blockchain.
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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Redefining war through 3D printing
Posted: 2 May 2016  
3D printing is affecting every manufacturing endeavour - not the least the military. 3D printing of weapons is old hat. But how about issuing every soldier with a pair of bespoke, perfectly-fitted 3D printed boots? Or camouflage uniforms that change their patterns to suit the terrain they are in? And we all know an army marches on it stomach...so how about printing food to keep the soldiers ...
3D printing goes to war
2 May 2016
From the bow to the bunker buster to the the hydrogen bomb, new technologies have changed the face of warfare, and 3D printing looks set to be just as ...
MindBullet logo PRINTING - THE FUTURE OF MANUFACTURING
No more paper or ink, but everything else goes
Dateline: 17 June 2012
I spent a frustrating few days at the World Printing Industry Showcase in Beijing this weekend. As an old-timer of the printing industry, I simply didn't ...
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Will cities rule society?
Posted: 20 April 2016  
Eight years ago we published a MindBullet highlighting the increasing importance of the city as a business and economic entity in its own right. Here's an interesting column by futurist Thomas Frey on the Rise of City Power:

"Today there are roughly 498 metro areas in the world with over 1 million residents. According to the Martin Prosperity Institute, the world's top 100 cities alone ...
MindBullet logo THE NEW ECONOMIC WAR: CITY VS CITY
Ugly battles for differentiation: Kuwait wins
Dateline: 14 January 2015
Hong Kong's New Year celebrations were dampened by the news that Kuwait's Silk City had topped the financial services league to become "The #1 Global Financial Center". The mood in New York and London was as glum as the weather. Over the past five years the banking and financial sector in Kuwait has evolved to global standards at a pace that would have been unthinkable in the early 2000s. ...
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European parliament faces Blockchain
Posted: 15 April 2016  
Regulators and governments are finally starting to grasp the extent of the revolution taking place in financial services. Blockchain, the technology that underpins Bitcoin and other cyber currencies, has the capacity to disrupt the existing order.
European Parliament to host blockchain conference
15 April 2016
The European Parliament is set to host a four day conference on virtual currencies and blockchains as it seeks to educate MEPs about the fast-growing world ...
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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Privatising outer space
Posted: 15 April 2016  
Space is increasingly becoming the playground of the private sector, leaving governments behind. This opens all sorts of interesting questions about the real role of government versus the private sector.
Inflatable Spacecraft Launches, Falcon 9 Successfully Returns to Earth
15 April 2016
It looks like the outer space equivalent of a bounce house, but Bigelow’s BEAM could make space travel cheaper and safer.
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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Roborace
Posted: 12 April 2016  
In my keynote, Technology Megatrends from the Future, I talk about a future where Formula 1 racing is for driverless cars. The race is for computer programmers, not racing drivers. Well the first such race is already being planned; it's called Roborace and they've already designed the car. This article tells us more.

...
Everything We Know About Roborace, the First Driverless Car Race
12 April 2016
Roborace, the first fully autonomous car race, recently released the design concept for its electric race car, and it looks just as futuristic and ...
MindBullet logo HUMAN DRIVERS BANNED FROM ALL HIGHWAYS
"We can save a million lives a year" says Automobile Association
Dateline: 2 November 2018
The British Government today passed legislation banning all human-driven motor vehicles from highways, effective one year from today. The move has been ...
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Natural hydrogen
Posted: 12 April 2016  
As we've mentioned before, hydrogen is not found in abundance in nature, and has to be manufactured, usually by splitting water with electrolysis, which can be done with excess solar power, but is not very efficient.
But what if you could use nature to do the job? Earlier this year, scientists produced a nano-particle consisting of an enzyme modified by a virus, which produces hydrogen from ...
A 'Nano-Reactor' May Soon Be Producing Hydrogen Biofuel
12 April 2016
Scientists have modified a virus to catalyze the formation of hydrogen from water.
MindBullet logo THE HYDROGEN ECONOMY IS HERE
Hydrogen will be the dominant fuel of the future
Dateline: 15 July 2017
After two decades of disappointment, hydrogen is finally becoming a viable fuel and source of energy for the world economy. The breakthroughs in innovation ...
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3D printing on a massive scale
Posted: 2 April 2016  
The trajectory of 3D printing as a definer of future manufacturing seems unstoppable. And this new software breakthrough, which harnesses un unlimited number of print heads into a single 'machine' for large-scale projects, is a game-changed.
Autodesk's Project Escher Uses Multiple 3D Print Heads for Massive Jobs | Make:
2 April 2016
Autodesk's Project Escher is an assembly line of independent 3D printers to make printing faster and more efficient.
MindBullet logo PRINTING - THE FUTURE OF MANUFACTURING
No more paper or ink, but everything else goes
Dateline: 17 June 2012
I spent a frustrating few days at the World Printing Industry Showcase in Beijing this weekend. As an old-timer of the printing industry, I simply didn't ...
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Fake food gets real
Posted: 22 March 2016  
Of course we can make synthetic food, and increasingly we can make synthetic food that tastes like the real thing. But is it affordable, and when it becomes cheap enough, should we do it on a mass scale?

There's a big debate brewing over the future of lab meat; an interesting aspect though, is that it's pretty natural - real organic cells that are cultured with nutrients. What's your stand on ...
Laboratory Burgers: Let the Meat Wars Begin
22 March 2016
There will be extreme positions for and against lab-grown meats. Here is what lab grown meat means for our future.
MindBullet logo FAKE FOOD FENDS OFF FAMINE
Synthetic proteins and carbohydrates essential to safely feed burgeoning world population
Dateline: 1 May 2017
Manufactured and processed food is the healthy alternative these days. It's also more economically viable, and the only way to feed a global population ...
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Mass-scale storage of solar power
Posted: 20 March 2016  
We're told by the fossil fuel moguls that solar energy is all very well, but what do you do when the sun don't shine? How can you rely on solar when its dark, or cloudy? How do you store the energy it can create?
Apart from dramatic breakthroughs in battery technology, scientists are seeking other ways for large-scale storage of solar energy. This team at Stanford may well be onto a solution. ...
Can large-scale solar power storage become a reality?
20 March 2016
The recent crash in oil prices notwithstanding, an economy based on fossil fuels seems unsustainable. Supplies of oil, coal and similar fuels are finite, ...
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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Farming inside the box!
Posted: 20 March 2016  
Time to think inside the box? It was back in 2007 that we raised the concept of indoor, urban farming as a possible future for food supplies. Now small container hydroponic farms are becoming a reality thanks to this Boston-based startup.
Think of some of the implications: food supplies right on our doorstep, minimising transport costs and C02 pollution. No pesticides. Minimal water required. ...
The Future of Farming May Live Inside This Box | Fox Business
20 March 2016
A Boston-based startup is transforming shipping containers into high-tech hydroponic farms
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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PRESIDENT TRUMP WINS BALLOT SCRAPPING TERM LIMITS
Published on: 17 March 2016  
MindBullet picture
Poll garners 95% turnout and universal support
Dateline: 14 October 2023
The counts are in and President Trump has an overwhelming vote of confidence in his continued leadership. With 95% of Americans voting for the motion, he will compete in his third presidential election in 2024. Mustapha Junar [ID21394230]*, representative of Citizens for Democracy, claims widespread ballot fraud, but President Trump scoffed at there being any impropriety under his reign. "Americans have never been happier, even if our economy is still shedding jobs. The results demonstrate that ...
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