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Archive for the ‘economics’ category

Nov 14, 2020

Drones light up Seoul’s night sky in bid to give South Koreans a boost

Posted by in categories: biotech/medical, drones, economics

This was the second drone flash mob event this year, aimed at invigorating and encouraging the public to overcome the economic difficulties and COVID-19 challenges.

More than 120 of new cases were reported on Friday in densely populated Seoul metropolitan area, where officials have struggled to stem transmissions tied to various places, including hospitals, nursing homes, churches, schools, restaurants and offices.

Nov 7, 2020

Starlink Beta Faster Than Expected | The State of Science

Posted by in categories: economics, internet, science, space

Last week, SpaceX has launched the Beta for its Starlink internet program. This space-based internet is turning out to be faster than expected, thus having the potential to give many people around the world opportunities to do things that their socio-economic situations would have never allowed them to have.

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Nov 4, 2020

Reaching for the Moon, Mars and beyond: This is how space exploration can benefit all

Posted by in categories: economics, space, sustainability

The secrets of the solar system can drive economic return for all.


The launch of NASA’s fifth Mars rover marks a new milestone in the era of space exploration. It puts focus on the need for greater collaboration, equity and inclusion among international partners to ensure the sustainable, peaceful and fair use of resources. Guidelines for interacting and norms of behaviour are as essential to ensure success in space as on Earth.

Continue reading “Reaching for the Moon, Mars and beyond: This is how space exploration can benefit all” »

Nov 4, 2020

Dragon’s cyber hacking operations: State sponsored game-plan

Posted by in categories: biotech/medical, cybercrime/malcode, economics, government, military

In the last few years, countless cyber-attacks were reported globally that were linked to the People’s Republic of China. The Chinese cyber-hackers, who target the foreign networks and websites are sponsored by the Chinese government. They are highly trained and have acquired abilities not only to exploit common vulnerabilities but also to discover and even create new vulnerabilities.

The US National Security Agency’s in-depth report of 23rd October points out that one of the greatest threats to the US National Security Systems, Defence Industrial Base and Department of Defence information networks is the “Chinese state sponsored malicious cyber activity”. The report underlines that the Chinese hackers exploit “computer networks of interest that hold sensitive intellectual property, economic, political, and military information.”

In July 2020, US had ordered the closure of the Chinese consulate in Huston, when it discovered that the Chinese officials there were involved in the intellectual property theft and indicted two Chinese nationals for allegedly hacking hundreds of companies and crucially had attempted to steal coronavirus vaccine research. The United States Department of Justice has charged five Chinese national for their involvement in hacking targets not only in the US governments but also the networks of the Indian and Vietnam government. They also carried out attacks on the UK government network unsuccessfully.

Continue reading “Dragon’s cyber hacking operations: State sponsored game-plan” »

Nov 4, 2020

The No-Code Generation is arriving

Posted by in categories: computing, economics, education, engineering

In the distant past, there was a proverbial “digital divide” that bifurcated workers into those who knew how to use computers and those who didn’t.[1] Young Gen Xers and their later millennial companions grew up with Power Macs and Wintel boxes, and that experience made them native users on how to make these technologies do productive work. Older generations were going to be wiped out by younger workers who were more adaptable to the needs of the modern digital economy, upending our routine notion that professional experience equals value.

Of course, that was just a narrative. Facility with using computers was determined by the ability to turn it on and log in, a bar so low that it can be shocking to the modern reader to think that a “divide” existed at all. Software engineering, computer science and statistics remained quite unpopular compared to other academic programs, even in universities, let alone in primary through secondary schools. Most Gen Xers and millennials never learned to code, or frankly, even to make a pivot table or calculate basic statistical averages.

There’s a sociological change underway though, and it’s going to make the first divide look quaint in hindsight.

Nov 4, 2020

How the 5G era will change the world

Posted by in categories: economics, internet

Initial commercial 5G mobile services were rolled out last year in South Korea, the United States, Australia, Britain, Switzerland, Spain and Monaco. Yet the scale of China’s market is likely to dwarf the combined size of those economies, negating any first-mover advantage.


While most people see 5G as a technical upgrade to 4G, the next-generation mobile system is expected to be a major building block of the fourth industrial revolution.

Nov 4, 2020

Israeli innovation plugs into emerging energy-tech sector

Posted by in categories: biotech/medical, cybercrime/malcode, economics

“There are two critical factors in this world: time and energy. Time is the only limited resource and therefore the most important one in our lives. Energy moves everything — our bodies, our lives and even all the digital revolution that is not physical depends on energy to be shared. We have no more time to cure the world and the Covid-19 is an amazing gift to better understand the important and critical things of our lives. It is a very important wake-up call for everyone.”

As more Israeli companies continue to seek solutions to economic and environmental challenges, we’ll see more local investors deploy capital in this space. Lack of acquisitions in this space – as opposed to a vertical like cybersecurity — are one main reason for the initial hesitancy of Israeli VCs.

Regardless of social impact or double bottom line investing, Israel is poised to lead another vertical impacting our global community. This has life-altering ramifications for future generations.

Nov 1, 2020

NASA provides photos of rare metal asteroid worth more than entire world’s economy

Posted by in categories: economics, space

The asteroid is believed to be the exposed, dead core from an early planet, that either failed to form, or was the result of many collisions over time.

16 Psyche, which was discovered in 1852, is located in the Solar System’s main asteroid belt between Jupiter and Mars about 370 million kilometres from Earth.

Oct 29, 2020

Q&A: This entrepreneur is turning waste plastic bottles into boats

Posted by in categories: economics, employment, sustainability

Madiba & Nature’s ‘ecoboats’ — made out of discarded plastic bottles — are creating jobs, promoting ecotourism and raising awareness of the circular economy.


Africa, like most other parts of the world, is battling a spiraling plastic pollution crisis. In Cameroon, one non-profit company is helping to keep waste plastic out of the ocean while also improving livelihoods and inspiring entrepreneurs in communities across the country.

Madiba & Nature’s ‘ecoboats’ — made out of discarded plastic bottles — are helping fishermen while also creating jobs in the recycling industry, promoting ecotourism and raising awareness of the circular economy.

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Oct 29, 2020

Unlocking AI’s Potential for Social Good

Posted by in categories: bioengineering, business, economics, education, robotics/AI

Three actions policymakers and business leaders can take today.


New developments in AI could spur a massive democratization of access to services and work opportunities, improving the lives of millions of people around the world and creating new commercial opportunities for businesses. Yet they also raise the specter of potential new social divides and biases, sparking a public backlash and regulatory risk for businesses. For the U.S. and other advanced economies, which are increasingly fractured along income, racial, gender, and regional lines, these questions of equality are taking on a new urgency. Will advances in AI usher in an era of greater inclusiveness, increased fairness, and widening access to healthcare, education, and other public services? Or will they instead lead to new inequalities, new biases, and new exclusions?

Three frontier developments stand out in terms of both their promised rewards and their potential risks to equality. These are human augmentation, sensory AI, and geographic AI.

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