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Filtered by tag: Economics
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Food crops and forests of the future
Posted: 26 September 2014  
Seven years ago we published a MindBullet that suggested the use of fungi to dramatically encourage reforestation. We speculated that this might be achieved through open innovation on Facebook. In an uncannily similar real world event, young girls living in Ireland have won the Google Science Fair with the invention of a method to increase crop yields with beneficial bacteria. Imagine the ...
MindBullet logo VISIT THE SAHARA NOW - WHILE IT'S STILL THERE
Hydroscopic fungus turns deserts into bushland and forests
Dateline: 14 March 2017
The simple application of a fungal cocktail to arid soils in Southern Africa has enabled small shrubs and trees to take root where no plants have grown for ...
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Is strategy dead? The future is not what it used to be!
Posted: 25 September 2014  
It's more valuable to learn from the future that the past - given what's happening in our world and its markets today! Think about how you think about the future! It is not what it used to be...
Is Strategy Dead? 7 Reasons The Answer May Be Yes
25 September 2014
I am an ex-strategy consultant. I have an MBA. And I am increasingly convinced the relevancy of both has been permanently diminished.  Is strategy dead? ...
MindBullet logo RETAILERS SET TO LEAVE SHOPPING CENTERS
Will mega-malls become the ghost towns of the future?
Dateline: 11 February 2010
Since the iPod made digital music fashionable, digital options have eroded the markets of music, movie and computer games retailers. Those in large malls, ...
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Gamification in the serious investments business
Posted: 23 September 2014  
Another example of the impact and success of gamification in the new generations.
Sun Life Financial sees positive returns from gamification programme
23 September 2014
Canada's Sun Life Financial is hailing the success of an online gamification programme in motivating participants to increase their investments in ...
MindBullet logo RETIREMENT? FORGET IT!
Furore as the EU scraps the mandatory retirement age as anachronistic and unaffordable
Dateline: 7 December 2010
The European Union debate over Europe's pension deficit and the mandatory retirement age has been one of the fiercest in its history. Last night, ...
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What Millennials really want from your business
Posted: 23 September 2014   1 Comment
We are seeing increasing signs of the old drivers of the economy - mass consumerism - starting to tilt and shift. And some of this opens new opportunities to innovative thinkers. Ignore at your peril in developed economies and be aware of what this may mean in developing economies where we risk thinking they will all want the 'American Dream'.
A Millennial's Version of "The American Dream"
23 September 2014
Gen-Y hasn't bought into the dream of big houses and fancy cars. So how do you sell to their demographic? First things first, forget what you knew.
MindBullet logo FACEBOOK TO CLOSE: GEN Z REJECTS DIGITAL LIFESTYLE
Flower children of the twenties look for analogue bullet
Dateline: 12 January 2021
In what might be considered a typical anti-establishment rebellion of youth, teenagers of the 2020s seem to be disenchanted by their parents' excessive ...
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Solar breakthrough?
Posted: 20 September 2014  
Now we're talking! If solar power really becomes cheaper than other, carbon-derived forms of power, then the game will change. And isn't it interesting that the man driving this is South African-born maverick billionaire Elon Musk. There really are new and different players entering the field.
Perhaps our 2008 MindBullet will become a reality? ...
Elon Musk Promises Solar Power Cheaper Than Fracked Gas
20 September 2014
Elon Musk's SolarCity buys panel maker and promises to slash the cost of solar 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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Millennials really ARE different
Posted: 18 September 2014  
Like it or not, the Millenial generation of customers is indeed different, from viewing their sm,art phone more tun 41 times per day to following recommendations form strangers. It all adds up to marketers in every industry having to think differently...and maybe ask a Millennial for advice! Now there's a scary prospect!
Here Is Everything You Need to Know About the Millennial Consumer
18 September 2014
No demographic is as appealing to marketers as millennials, those folks born between 1981 and 2000. Many articles and studies have focused on reaching this ...
MindBullet logo 'NET GENERATION' DECLARED A NEW SPECIES OF HOMO SAPIENS
You always knew your kids were different
Dateline: 21 August 2012
In 2009, Don Tapscott published an updated version of his best-selling 1997 book 'Growing up digital' which covered the emergence of what he called 'the ...
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Portable nuclear power
Posted: 17 September 2014  
No this invention is not cold fusion, or even warm fusion. Rather it is a nuclear power cell, described as a water-based battery. Perhaps it should be called a fuel cell, as the radioactive material presumably gets used up. It's also unclear whether this device can be recharged and discharged, or if it's a one-time use. My guess is that it would be fairly expensive to use in place of a ...
First water-based nuclear battery can be used to generate electrical energy
17 September 2014
For the first time using a water-based solution, researchers have created a long-lasting and more efficient nuclear battery that could be used for many ...
MindBullet logo COLD FUSION SIGNALS THE END OF BIG OIL AND NUCLEAR POWER
It’s the start of a new low energy nuclear revolution
Dateline: 5 June 2014
Every once in a while we see the introduction of a technology that is so radically innovative that it seems magical, or impossible. The old clichés get ...
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SpaceX gets passengers
Posted: 17 September 2014  
We offer our hearty congratulations to Elon Musk and SpaceX. The final frontier is in sight!
NASA taps SpaceX, Boeing to carry astronauts to space
17 September 2014
In the return of human space flight for the US, NASA awards both private aerospace companies a combined total of $6.8 billion.
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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The Uber potential to transform cities is massive!
Posted: 11 September 2014  
A great read on what Uber could become...and it's almost limitless!
Uber — What's Fueling Uber's Growth Engine? - GrowthHackers
11 September 2014
[Growth Study] What began in 2009 as a luxury car service in San Francisco is now valued at $3.76 billion and operates in more than 35 cities worldwide. As ...
MindBullet logo HERTZ VOTED BEST AIRLINE
Boeing and Airbus in a tail-spin as the allure of personal planes hits air travel
Dateline: 16 July 2020
As the holiday season gets into full swing, some of the major air hubs in Europe and the USA are comfortably quiet. Chicago, Atlanta, Amsterdam and ...
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The end of ownership
Posted: 9 September 2014  
In the networked economy, it's increasingly not necessary own assets, if you have access to the services those assets provide. This is well understood in the consumer market, but also applies in the commercial space.

This article contributes to that thinking and concludes:

"Within the next decade, businesses will need to become much more open and collaborative to survive in an increasingly zero ...
The End of Ownership: The Zero-Marginal-Cost Economy
9 September 2014
Within industries like hospitality and transportation, entrants are succeeding not by optimizing production but by eliminating production cost altogether.
MindBullet logo THE CURSE OF ABUNDANCE
Free energy spawns hordes of wetbots and kills off big brands
Dateline: 13 July 2033
"We're closing up shop. Wetbots made us broke." The production chief of iRobot consumer products grins ruefully. "Luckily we've still got our military ...
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Pricing your data
Posted: 8 September 2014  
Never mind governments and secret agencies, now startups want to buy your data; and then on-sell the aggregated analytics to companies. Would you swap your personal data for money? Perhaps Datacoup read our MindBullet on this topic?
Why This Startup Wants Your Personal Data
8 September 2014
Datacoup will pay you $10 a month for access to your credit card and Facebook data.
MindBullet logo CHINA SWAPS US DEBT FOR DATA
America's biggest creditor wipes out massive debt for quantum data
Dateline: 15 March 2024
China has long been thought as 'owning' the United States because of the huge amount of US debt on its books. But now China will 'own' us in the data wars, ...
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Openness and collaboration is the way to go
Posted: 5 September 2014  
Finally big pharma seems to be getting the message. The world has become more open and collaboration initiatives are creating new and exciting progress in solving old and complex challenges. The big pharma business model is creaking. This shift may just signal a better future for healthcare.
GlaxoSmithKline Leads a Surprising Push for Data Sharing | MIT Technology Review
5 September 2014
Normally super-secretive, pharmaceutical companies are opening up in the hopes of jump starting drug development.
MindBullet logo PHARMA STOCKS SLUMP ON INSULIN SHOCK
Diabetic treatment revolution sidelines the traditional
Dateline: 1 August 2016
Our bodies run on the glucose energy we get from food. The pancreas makes the hormone insulin which helps the body use or store glucose. In people with ...
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Japan shrinks and sinks
Posted: 5 September 2014  
On the current trajectory, Japan is set to become one huge retirement village. The only way to bring in new blood is to have a positive immigration policy. China is not a good source - they have demographic problems of their own. But what about Africa? That's getting younger and more skilled, and could be a good source of fresh talent for Japan.
Japan’s Population Shrinks for Third Year as Aging Increases
5 September 2014
Japan’s population slid for a third year with the proportion of people over the age of 65 at a global record, underscoring the challenge the world’s most- ...
MindBullet logo FAILURE TO LAUNCH SINKS JAPAN
No sex please, we're Japanese
Dateline: 8 August 2026
Celibacy syndrome in Japan is causing the population to plummet, and now it's going into free fall. Most young women of the marrying age would rather go ...
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China to abandon fossil fuels
Posted: 4 September 2014  
Beijing city is planning to dump coal as a fuel for electricity by 2020. That sounds uncannily like the MindBullet we published nine years ago!

Imagine if that scenario came to pass. It would certainly change the world in more ways than one. Personally I was never convinced that it was a workable scenario; after all, even natural gas is a fossil fuel. But if the gains from ever increasing ...
Beijing's coal ban may herald the end of the fuel
4 September 2014
It sounds unlikely, given that demand for the black stuff has surged in the past decade. But Beijing is planning to ban coal burning in its six central ...
MindBullet logo WORLD MARKETS IN TURMOIL AS CHINA DECOMMITS FROM ALL FOSSIL FUELS
Bold energy strategy targets pollution and leadership in world automotive industry
Dateline: 1 July 2008
Just four weeks before the start of the 2008 Beijing Olympics, China has played a trump card in global politics. China has taken the pollution bull by ...
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Gen Z starts to make an impact
Posted: 3 September 2014   1 Comment
Years ago, we speculated on what Generation Z would think and feel in the post digital world. One of our scenarios was that the next generation after Gen Y would rebel against the automation of everything and become new age 'hippies' who preferred face time with people and handwriting over instant messaging.

Well, guess what, this article suggests that some of those ideas were not so ...
MindBullet logo FACEBOOK TO CLOSE: GEN Z REJECTS DIGITAL LIFESTYLE
Flower children of the twenties look for analogue bullet
Dateline: 12 January 2021
In what might be considered a typical anti-establishment rebellion of youth, teenagers of the 2020s seem to be disenchanted by their parents' excessive pre-occupation with all manner of digital gadgets and lifestyles. Instead of iPods and smart phones, today's emerging adults prefer acoustic guitars and personal conversations. "I don't know what to do with him," says media blogger Lucinda ...
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Should we genetically modify livestock?
Posted: 3 September 2014  
Who remembers that bizarre scene from the Douglas Adams book 'Restaurant at the end of the Universe', in which a cow walks up to a diner in the restaurant and asks what portion of it he would like to eat? The cow is duly offended when the diner resists, saying, this is my purpose, I was specifically bred for you to eat me!
Crazy science fiction, right? But read the attached article - there is ...
Genome Editing Rewrites the Future of Dairy Cattle | MIT Technology Review
3 September 2014
Can genome-editing technology revive the idea of genetically modified livestock?
MindBullet logo GM IS THE NEW 'ORGANIC'
Modified beef set to boost consumer health
Dateline: 12 December 2009
The first genetically modified cows approved by the US Food and Drug Administration were simple creatures. They removed the susceptibility that cows have ...
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Big Data insights
Posted: 3 September 2014  
Everyone's talking about Big Data, even if only a few organisation are really using, or even understanding it. So here are some interesting perspectives on how much data we are actually generating, and whether it could, indeed, move "heaven and earth"!
Big Data: Creating the Power to Move Heaven and Earth | MIT Technology Review
3 September 2014
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MindBullet logo THE CURSE OF ABUNDANCE
Free energy spawns hordes of wetbots and kills off big brands
Dateline: 13 July 2033
"We're closing up shop. Wetbots made us broke." The production chief of iRobot consumer products grins ruefully. "Luckily we've still got our military ...
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Limits to growth exist in the mind
Posted: 2 September 2014  
"Expect the early stages of global collapse to start appearing soon." I don't think so.

As we wrote in our MindBullet STOP THE WORLD, WE'RE HAVING A MIDLIFE CRISIS, the hypothesis around global collapse usually extrapolates current trends into the future, and forgets to consider that in the future, everything will be different, VERY different.

Having read the accompanying article, I don't ...
Limits to Growth was right. New research shows we're nearing collapse
2 September 2014
Graham Turner and Cathy Alexander: Four decades after the book was published, Limit to Growth’s forecasts have been vindicated by new Australian research. ...
MindBullet logo STOP THE WORLD, WE'RE HAVING A MIDLIFE CRISIS
The West deflates, China stagnates, and the rest of the world watches and worries
Dateline: 1 May 2040
As the 21st Century approaches middle age, prices are falling alarmingly. In real terms, everything from coal to electronics is cheaper than it was four ...
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Are social networks good or bad?
Posted: 1 September 2014  
This is such an interesting and such a controversial debate! Are the social networks socially good - or do they damage our humanity? This study from Italy is certainly powerful. If you feel like an extreme view, David Eggers has authored a powerful novel called "The Circle" which is a gripping read about the logical consequence of pervasive social connections...well worth a read!
We created a ...
Evidence Grows That Online Social Networks Have Insidious Negative Effects | MIT Technology Review
1 September 2014
A study of 50,000 people in Italy concludes that online social networks have a significant negative impact on individual welfare.
MindBullet logo FACEBOOK TO CLOSE: GEN Z REJECTS DIGITAL LIFESTYLE
Flower children of the twenties look for analogue bullet
Dateline: 12 January 2021
In what might be considered a typical anti-establishment rebellion of youth, teenagers of the 2020s seem to be disenchanted by their parents' excessive ...
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The shift to the East is real
Posted: 30 August 2014  
With global demographics starting to underpin the economic shift to the East, the future landscape for global business is changing. Market power will shift, focus and skills will need to adapt and agility will become core to sustainability and success. This implies speed...and it is not something large companies are good at! I am constantly surprised on the downside by how slow and rules ...
The World's Largest Companies: China Takes Over The Top Three Spots
30 August 2014
For the first time, China is home to the world’s three biggest companies; it also lands five of the top 10 spots.
MindBullet logo THE DRAGON ROARS EAST
‘One China’ is the response as Taiwan formally declares independence
Dateline: 10 July 2008
The world held its breath today as a superpower conflict erupted in East Asia. In response to Taiwan's formal declaration of independence, China is ...
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