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Filtered by tag: Economics
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RELIGION IS A DYING BUSINESS
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 ...
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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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 ...
MindBullet logo GOOGLE EARTH WORLD'S SIXTH BIGGEST ECONOMY
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.
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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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 ...
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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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.
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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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.
MindBullet logo DATA CENTERS DISAPPEAR, WEB SERVERS GO VIRTUAL
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.
MindBullet logo HOMES SWITCH OFF BIG ENERGY
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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LONDON POPULATION FALLS AS SCOTTISH INDEPENDENCE LOOMS
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 ...
MindBullet logo THE COMING FACE OF AIR TRAVEL
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 ...
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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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.
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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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 ...
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 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
MindBullet logo LIQUID BATTERIES KEEP THE BIG APPLE SHINING
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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Blockchain no longer a 'secret'...even banks are talking about it!
Posted: 8 July 2016  
Only two years ago I recall audiences being astounded by stories of what blockchain might be able to deliver and the disruption it may cause. Now even central bankers are accepting its disruptive potential and are talking about it publicly! Speed of acceptance, adoption and disruption is abundant!
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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BMW sets 2021 for fully autonomous driving
Posted: 4 July 2016  
"Together with Intel and Mobileye, the BMW Group will develop the necessary solutions and innovative systems for highly and fully automated driving to bring these technologies into series production by 2021. The BMW iNEXT model will be the foundation for BMW Group’s autonomous driving strategy and set the basis for fleets of fully autonomous vehicles, not only on highways but also in urban ...
BMW Group, Intel and Mobileye Team Up to Bring Fully Autonomous Driving to Streets by 2021
4 July 2016
BMW Group, Intel, and Mobileye are joining forces to make self-driving vehicles and future mobility concepts become a reality.
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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The momentum is growing
Posted: 1 July 2016  
Rob Advisors are not new. Yet many still assume this new tech will never displace their personal wealth management roles and relationships. Well, think again...the momentum is building and change is afoot. One HAS to ask the question 'How will I avoid being displaced by a really smart rob advisor?'...and do NOT think the answer is 'my relationships'. remember, Amazon won customer service of ...
Nearly half of North Americans open to robo-advice
1 July 2016
Nearly half of North American bank customers are open to ditching human expertise for automated, computer-generated advice and services, according to a ...
MindBullet logo RENT A ROBOT AND RETIRE
HSBC lets you earn while you snooze
Dateline: 11 September 2095
With 60% of the population of the US and EU now over the age of 65, economists have expressed astonishment at the continued strength of the world economy. ...
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ISLAND CROP DECIMATED BY GENE DRIVE FLIES
Published on: 30 June 2016  
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Scientists say no other theory seems to hold
Dateline: 15 October 2026
After watching Border Security Australia, passengers always got off the plane feeling an extra bit anxious and jittery. Thoughts like 'What if they say the dirt on my hiking boots smells funny? Or they confiscate my grandma's old dusty portrait?' often ran through peoples' heads. Quarantine officers checking for foreign organic matter and unwelcome species used to have an irritating, but doable job. That reality has changed dramatically. Ten years ago, the use of gene drive technology to eradicate ...
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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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