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Archive for the ‘economics’ category

Dec 14, 2024

Southeast Asian nations battle to become the region’s top AI hub

Posted by in categories: economics, government, robotics/AI

Southeast Asia’s emerging economies are vying to become a top AI hub — a race that has them both coming together and, quietly, battling among themselves.

The Association of Southeast Asian Nations (ASEAN), made up of 10 countries with a combined population of 672 million people, already has some advantages when compared to Europe or the U.S.

With over 200 million people aged 15 to 34, the region’s youthful and largely tech savvy populations make the region adaptable to future technological advances. That, combined with government support for accelerating AI in the region, could deliver substantial rewards for local workers.

Dec 13, 2024

Spanish researchers find revamping modules and inverters is the most profitable strategy

Posted by in categories: economics, energy

A group of researchers have carried out a techno-economic analysis of three revamping strategies for an operating photovoltaic power plant in southeast Spain. They found the highest production value by installed power is obtained when both the modules and inverters are replaced.

Dec 12, 2024

Augmented Mind with Alex Bates (Habits 2 Goals Podcast Interview w/ Martin Grunburg)

Posted by in categories: economics, finance, internet, robotics/AI

“The next wave of AI will be able to augment people to become superhuman. Solutions will be at the ready for nearly all problems facing humanity.” ~Alex Bates.

Habits2Goals presents a powerful interview with Alex Bates, a phenomenal entrepreneur, inventor and bestselling author of Augmented Mind: AI Superhumans and the Next Economic Revolution.

Continue reading “Augmented Mind with Alex Bates (Habits 2 Goals Podcast Interview w/ Martin Grunburg)” »

Dec 11, 2024

Electronics giant Delta picks DFW city for 1,500-employee plant

Posted by in categories: economics, innovation

“We thank Delta Electronics for choosing to grow in Texas,” said Adriana Cruz, executive director of the Texas Economic Development & Tourism Office. “As the most popular location in the U.S. for foreign direct investment over the last two decades and a national leader in advanced manufacturing, we know that Delta Electronics’ expanding facility will continue to thrive here in the Lone Star State. It’s thanks to innovative companies like Delta Electronics that Texas will continue to create good-paying careers in high-demand industries and build the technologies of the future. We congratulate our local and regional economic development partners in Plano on this remarkable win.”

Plano is the largest city in Collin County, with a population of more than 294,000.

Dec 11, 2024

Meta announces the construction of its largest data center to date

Posted by in categories: business, economics, employment, robotics/AI

The company has unveiled plans for a new data center in Richland Parish, Louisiana, marking a significant expansion of its global infrastructure. The $10 billion investment will be Meta’s largest data center to date, spanning a massive 4 million square feet. This state-of-the-art facility will be a crucial component in the company’s ongoing efforts to support the rapid growth of artificial intelligence (AI) technologies. Meta did not disclose an estimated completion or operational date for this facility.

The new Richland Parish data center will create over 500 full-time operational jobs, providing a substantial boost to the local economy. During peak construction, the project is expected to employ more than 5,000 workers.

Meta’s decision to build in Richland Parish was driven by several factors, including the region’s robust infrastructure, reliable energy grid, and business-friendly environment. The company also cited the strong support from local community partners, which played a critical role in facilitating the development of the data center.

Dec 10, 2024

Shape-changing device helps visually impaired people perform location task as well as sighted people

Posted by in categories: chemistry, economics, energy, sustainability

Water electrolysis is a cornerstone of global sustainable and renewable energy systems, facilitating the production of hydrogen fuel. This clean and versatile energy carrier can be utilized in various applications, such as chemical CO2 conversion, and electricity generation. Utilizing renewable energy sources such as solar and wind to power the electrolysis process may help reduce carbon emissions and promote the transition to a low-carbon economy.

The development of efficient and stable anode materials for the Oxygen Evolution Reaction (OER) is essential for advancing Proton Exchange Membrane (PEM) water electrolysis technology. OER is a key electrochemical reaction that generates oxygen gas (O₂) from water (H₂O) or hydroxide ions (OH⁻) during water splitting.

This seemingly simple reaction is crucial in energy conversion technologies like as it is hard to efficiently realize and a concurrent process to the wanted hydrogen production. Iridium (Ir)-based materials, particularly amorphous hydrous oxide (am-hydr-IrOx), are at the forefront of this research due to their high activity. However, their application is limited by high dissolution rates of the precious iridium.

Dec 10, 2024

How Gaming Built The Metaverse While Big Tech Wasn’t Looking

Posted by in categories: biotech/medical, economics, robotics/AI, virtual reality

Just as the metaverse industry finally began its breakthrough, ChatGPT’s launch in November 2022 proved a technological avalanche. Amid post-pandemic economic pressures, companies pivoted away from metaverse aspirations to AI adoption, seeking immediate returns through automation and virtualization.

Apple’s 2023 entry into the space with Vision Pro VR headset has similarly faced challenges. At $3,499, with limited content and a sparse developer ecosystem, Apple struggles to find its market. Early projections suggest initial production runs of fewer than 400,000 units.

What if we’ve been looking for the metaverse in the wrong places? While Meta, HTC and Sony have so far struggled to establish their vision of a VR-first digital world, gaming platforms like Roblox quietly built what might be the actual metaverse.

Dec 9, 2024

What Do We Know About The Economics Of Artificial Intelligence?

Posted by in categories: economics, robotics/AI

Nobel laureate Daron Acemoglu has long studied technology-driven growth. Here’s how he’s thinking about AI’s effect on the economy.

Dec 6, 2024

What it’s like to live in the world’s most innovative countries

Posted by in categories: economics, education, internet, robotics/AI

The BBC speaks to residents and travellers in some of the top-ranked countries on the 2024 Global Innovation Index to find out how cutting-edge technology benefits day-to-day life.

With the rise of AI, self-driving cars and wi-fi connected appliances, it can feel like innovation is everywhere these days. But certain countries are known for developing cutting-edge technologies that benefit residents and visitors alike.

To dive into those countries making the most impact in these areas, the World Intellectual Property Organisation recently released its 2024 Global Innovation Index, ranking 130 economies based on measures like their education system, technology infrastructure and knowledge creation (like patents filed or mobile apps created).

Dec 5, 2024

Scientists exploit photo-induced chirality in thin films to improve authentication tech

Posted by in categories: economics, holograms, security

In today’s world, the fight against counterfeiting is more critical than ever. Counterfeiting affects about 3% of global trade, posing significant risks to the economy and public safety. From fake pharmaceuticals to counterfeit currency, the need for secure and reliable authentication methods is paramount. Authentication labels are commonly used—such as holograms on bank notes and passports—but there is always a need for new unfalsifiable technologies.

This is where research recently published in Applied Sciences comes into play. Led by a team of scientists from Oxford University, the University of Southampton, and Diamond Light Source, the UK’s national synchrotron, the work focuses on developing a new technology for writing and reading covert information on labels.

This technology leverages the unique properties of Ge2Sb2Te5 thin films, which can change their structure when exposed to specific types of laser light. By using circularly or linearly polarized laser light, the researchers can encode hidden information in these thin films. This information can then be revealed using a simple reading device, making the technology both advanced and accessible.

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