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Archive for the ‘economics’ category

May 20, 2024

Dr Roland Roesch — Director, Innovation and Technology Centre, International Renewable Energy Agency

Posted by in categories: business, climatology, economics, engineering, finance, policy, sustainability

Innovation For A Sustainable Global Energy Transformation — Dr. Roland Roesch, Ph.D. — Director, Innovation and Technology Centre, International Renewable Energy Agency (IRENA)


Dr. Roland Roesch, Ph.D. is Director, Innovation and Technology Centre (IITC), of the International Renewable Energy Agency (IRENA — https://www.irena.org/) where he oversees the Agency’s work on advising member countries in the area of technology status and roadmaps, energy planning, cost and markets and innovation policy frameworks.

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May 17, 2024

Introducing the Frontier Safety Framework

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

Our approach to analyzing and mitigating future risks posed by advanced AI models.

Google DeepMind has consistently pushed the boundaries of AI, developing models that have transformed our understanding of what’s possible. We believe that AI technology on the horizon will provide society with invaluable tools to help tackle critical global challenges, such as climate change, drug discovery, and economic productivity. At the same time, we recognize that as we continue to advance the frontier of AI capabilities, these breakthroughs may eventually come with new risks beyond those posed by present-day models.

Today, we are introducing our Frontier Safety Framework — a set of protocols for proactively identifying future AI capabilities that could cause severe harm and putting in place mechanisms to detect and mitigate them. Our Framework focuses on severe risks resulting from powerful capabilities at the model level, such as exceptional agency or sophisticated cyber capabilities. It is designed to complement our alignment research, which trains models to act in accordance with human values and societal goals, and Google’s existing suite of AI responsibility and safety practices.

May 16, 2024

Why China, the U.S., and Big Tech Are Racing to Harness Quantum Computing and AI

Posted by in categories: economics, encryption, military, quantum physics, robotics/AI

Micius is considered quantum’s “Sputnik” moment, prompting American policymakers to funnel hundreds of millions of dollars into quantum information science via the National Quantum Initiative. Bills such as the Innovation and Competition Act of 2021 have provided $1.5 billion for communications research, including quantum technology. The Biden Administration’s proposed 2024 budget includes $25 billion for “emerging technologies” including AI and quantum. Ultimately, quantum’s awesome computing power will soon render all existing cryptography obsolete, presenting a security migraine for governments and corporations everywhere.

Quantum’s potential to turbocharge AI also applies to the simmering technology competition between the world’s superpowers. In 2021, the U.S. Commerce Department added eight Chinese quantum computing organizations to its Entity List, claiming they “support the military modernization of the People’s Liberation Army” and adopt American technologies to develop “counter-stealth and counter-submarine applications, and the ability to break encryption.”

These restrictions dovetail with a raft of measures targeting China’s AI ambitions, including last year blocking Nvida from selling AI chips to Chinese firms. The question is whether competition between the world’s top two economies stymies overall progress on AI and quantum—or pushes each nation to accelerate these technologies. The answer could have far-reaching consequences.

May 14, 2024

MediaTek And NVIDIA Reportedly Co-Developing Snapdragon X Elite Competitor, Design To Be Finalized In Q3, Using TSMC’s 3nm Process

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

Qualcomm’s Snapdragon X Elite will eventually face competition in the ARM-based AI chipset space from MediaTek and NVIDIA, who have reportedly joined forces to co-develop a new SoC whose design is said to be finalized in the third quarter of this year. The upcoming silicon is said to support advanced technologies, including being mass produced on TSMC’s 3nm process, with the new entrant possibly competing with Apple’s M4 when comparing lithography.

The unnamed chipset from MediaTek and NVIDIA is rumored to fetch a price of $300 per unit, likely due to leveraging advanced nodes and packaging technologies

With the AI PC segment estimated to grow massively by 2027, MediaTek and NVIDIA want to pounce on this opportunity, giving this category a healthy dose of competition. The Taiwanese fabless semiconductor manufacturer has already received praise from Morgan Stanley analysts for its Dimensity 9,300, so there is no question that the company’s chip-making prowess has a gold-standard label. Add NVIDIA to the mix, and we could see an SoC that overtakes the competition in graphics performance, though Economic News Daily has not mentioned this.

May 13, 2024

Nanotechnology as a Shield against COVID-19: Current Advancement and Limitations

Posted by in categories: biotech/medical, economics, health, nanotechnology

The coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) is a global health problem that the WHO declared a pandemic. COVID-19 has resulted in a worldwide lockdown and threatened to topple the global economy. The mortality of COVID-19 is comparatively low compared with previous SARS outbreaks, but the rate of spread of the disease and its morbidity is alarming. This virus can be transmitted human-to-human through droplets and close contact, and people of all ages are susceptible to this virus. With the advancements in nanotechnology, their remarkable properties, including their ability to amplify signal, can be used for the development of nanobiosensors and nanoimaging techniques that can be used for early-stage detection along with other diagnostic tools.

May 11, 2024

I Fear Maladaptive Culture

Posted by in categories: computing, economics, physics

From the article by Robin Hanson, a professor of economics who also holds degrees in physics and computer science.

So this remains my worry: our rapid rates of change in unconditional choices of cultural norms are not mostly driven by reason, but instead by a cultural evolution process that has…


I’ve been reading, thinking, and talking, trying to get clearer on what exactly are the culture problems I’m worried about, and how best to describe them. I seek descriptions not only easy for an outsider public to understand, but also for prestigious insider specialists to embrace.

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May 10, 2024

Tony Seba just revealed why Elon Musk is no longer interested in EVs

Posted by in categories: economics, Elon Musk, robotics/AI, sustainability, transportation

Disruptive innovations in technology, such as humanoid robots and electric vehicles, will lead to significant changes in labor, economy, and society, posing both opportunities and challenges for the future Questions to inspire discussion What are the predictions about the future of electric vehicles? —Tony Seba and hi.

May 2, 2024

What’s an ‘intelligent economy’ and why are some economies more intelligent than others?

Posted by in category: economics

What makes an economy “intelligent?”

It seems to boil down to mastering the latest technology in the most effectively self-serving way. Countries have been taking turns at some version of this for a long time.

May 1, 2024

A Golden Age of Renewables Is Beginning, and California Is Leading the Way

Posted by in category: economics

California has hit record-breaking milestones in renewable electricity generation, showing that wind, water and solar are ready to cover our electricity needs.

By Mark Z. Jacobson

Something spectacular is happening in the Golden State. California—the fifth-largest economy in the world—has experienced a record-breaking string of days in which the combined generation of wind, geothermal, hydroelectric and solar electricity has exceeded demand on the main electricity grid for anywhere from 15 minutes to 9.25 hours per day. These clean, renewable electricity sources are collectively known as wind-water-solar (WWS) sources.

Apr 30, 2024

RIKEN Selects IBM’s Next-Generation Quantum System to be Integrated with the Supercomputer Fugaku

Posted by in categories: business, economics, information science, internet, quantum physics, supercomputing

ARMONK, N.Y., April 30, 2024 — Today, IBM (NYSE: IBM) has announced an agreement with RIKEN, a Japanese national research laboratory, to deploy IBM’s next-generation quantum computer architecture and best-performing quantum processor at the RIKEN Center for Computational Science in Kobe, Japan. It will be the only instance of a quantum computer co-located with the supercomputer Fugaku.

This agreement was executed as part of RIKEN’s existing project, supported by funding from the New Energy and Industrial Technology Development Organization (NEDO), an organization under Japan’s Ministry of Economy, Trade and Industry (METI)’s “Development of Integrated Utilization Technology for Quantum and Supercomputers” as part of the “Project for Research and Development of Enhanced Infrastructures for Post 5G Information and Communications Systems.” RIKEN has dedicated use of an IBM Quantum System Two architecture for the purpose of implementation of its project. Under the project RIKEN and its co-PI SoftBank Corp., with its collaborators, University of Tokyo, and Osaka University, aim to demonstrate the advantages of such hybrid computational platforms for deployment as services in the future post-5G era, based on the vision of advancing science and business in Japan.

In addition to the project, IBM will work to develop the software stack dedicated to generating and executing integrated quantum-classical workflows in a heterogeneous quantum-HPC hybrid computing environment. These new capabilities will be geared towards delivering improvements in algorithm quality and execution times.

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