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Archive for the ‘economics’ category: Page 125

Aug 27, 2018

China and Russia looking at 27 floating nuclear reactors but ThorCon and Indonesia could scale to 100 per year

Posted by in categories: economics, nuclear energy

What could possibly go wrong? Does anyone remember Fukushima?


Floating nuclear power plants offer several economic advantages.

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Aug 26, 2018

Insecure Medical Devices Are Low-Hanging Fruit for Hackers

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

“The big problem is that hospitals don’t buy new devices, and they keep using really dangerous ones ad infinitum — until they just stop working,” Corman said.

Corman wants these old, unsecured devices gone from hospitals. The fear is that, beyond freezing systems or hijacking medical records as they did during WannaCry, hackers could also actively manipulate medical equipment to harm patients by, say, administering a lethal dose of medication via an infusion pump. While newer devices aren’t ironclad, they are typically built with more robust security features. So Corman and others are urging health-care providers to scrap old, or “legacy,” equipment and replace it with newer models.

To nudge health-care providers to trade up, he’s put forth an idea for an incentive program akin to “Cash for Clunkers,” the 2009 federal auto-rebate plan that aimed to run gas-guzzling cars off the road. Under that program, which was formally called the Car Allowance Rebate System, people received cash in exchange for turning in fuel-inefficient vehicles, which they could then put toward new, more efficient ones. (The program fizzled after a few months, when it depleted its allotted budget.) Similarly, in this version, health-care providers would be compensated for junking old equipment, and could use the rebates toward the purchase of new devices. Corman said he hasn’t fully worked out the economics, but he believes device makers might be willing to subsidize the program in part, since it would help them move inventory.

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Aug 26, 2018

The Pentagon Wants AI to Take Over the Scientific Process

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

The Pentagon’s research arm is looking for teams to build an artificial intelligence tool that can automatically generate, test and refine its own scientific hypotheses.

By essentially automating steps of the scientific process, the tool would let top decision-makers take discoveries from the lab and rapidly apply them to the real world, according to the Defense Advanced Research Projects Agency.

“Automation of model-based inference procedures could increase the speed and accuracy with which these models can be used to address key questions of national security by orders of magnitude,” officials wrote in a request for information published Aug. 17. They said the system could be used to verify the results of scientific studies and monitor “fragile economic, political, social or environmental” events.

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Aug 24, 2018

How hydrogen power can help us cut emissions, boost exports, and even drive further between refills

Posted by in categories: economics, energy

The hydrogen economy has been touted for decades as a way to navigate the clean energy transition. Now a new CSIRO roadmap sets out how hydrogen power can become a major energy player.

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Aug 21, 2018

Bank of England’s chief economist warns A.I. could threaten ‘large’ amount of jobs

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

“This is the dark side of technological revolutions and that dark side has always been there,” Haldane added. “That hollowing out is going to be potentially on a much greater scale in the future, when we have machines both thinking and doing — replacing both the cognitive and the technical skills of humans.”


Haldane said that the so-called Fourth Industrial Revolution — a digitally-driven paradigm shift similar to previous industrial revolutions in the West — had the potential to displace numerous jobs and leave people “technologically unemployed.”

“Each of those [industrial revolutions] had a wrenching and lengthy impact on the jobs market, on the lives and livelihoods of large swathes of society,” Haldane told the BBC.

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Aug 20, 2018

It’s Not Technology That’s Disrupting Our Jobs

Posted by in categories: economics, education, employment, mobile phones, robotics/AI

We can’t turn back the clock, but neither is job insecurity inevitable. Just as the postwar period managed to make industrialization benefit industrial workers, we need to create new norms, institutions and policies that make digitization benefit today’s workers. Pundits have offered many paths forward — “portable” benefits, universal basic income, worker reclassification — but regardless of the option, the important thing to remember is that we do have a choice.


When we learn about the Industrial Revolution in school, we hear a lot about factories, steam engines, maybe the power loom. We are taught that technological innovation drove social change and radically reshaped the world of work.

Likewise, when we talk about today’s economy, we focus on smartphones, artificial intelligence, apps. Here, too, the inexorable march of technology is thought to be responsible for disrupting traditional work, phasing out the employee with a regular wage or salary and phasing in independent contractors, consultants, temps and freelancers — the so-called gig economy.

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Aug 16, 2018

Study to Help Develop Vibrant Future Commercial Space Economy

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

Last week, NASA announced the awardees for an ongoing effort to foster commercial activity in space. This effort allows 13 companies to study the future of commercial human spaceflight in low-Earth orbit, including long-term opportunities for the International Space Station.

I’m pleased to share that NanoRacks is one of these awardees.

This study is not only a big step for NanoRacks, but a big step for the commercial space ecosystem. Today, we are the largest commercial user of the International Space Station and are proud of the impact we’ve made to help foster this ecosystem and bring customers from all over the world into to orbit. This study will allow us to take our vision to the next step and detail the viability for habitable and automated platforms for low-Earth orbit.

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Aug 16, 2018

Human wastewater valuable to global agriculture, economics, study finds

Posted by in categories: economics, engineering, food, sustainability

It may seem off-putting to some, but human waste is full of nutrients that can be recycled into valuable products that could promote agricultural sustainability and better economic independence for some developing countries.

Cities produce and must manage huge quantities of . Researchers at the University of Illinois at Urbana-Champaign have developed a model to clarify what parts of the world may benefit most from re-circulation of human-waste-derived nitrogen, potassium and phosphorus from cities and back into farm fields. They report their findings in the journal Nature Sustainability.

“We grow our in the field, apply nutrient-rich fertilizers, eat the crops, excrete all of the nitrogen, phosphorus and potassium and then those nutrients end up at the ,” said Jeremy Guest, a civil and environmental engineering professor and study co-author. “It is a very linear, one-directional flow of resources. Engineering a more circular nutrient cycle would create opportunities that could benefit the environment, economy and agriculture.”

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Aug 15, 2018

U.S. $23 trillion will be lost if temperatures rise four degrees by 2100

Posted by in categories: climatology, economics, neuroscience, sustainability

Imagine something similar to the Great Depression of 1929 hitting the world, but this time it never ends.

Economic modelling suggests this is the reality facing us if we continue emitting greenhouse gases and allowing temperatures to rise unabated.

Economists have largely underestimated the global economic damages from climate change, partly as a result of averaging these effects across countries and regions, but also because the likely behaviour of producers and consumers in a climate change future isn’t usually taken into consideration in climate modelling.

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Aug 14, 2018

Scientists find way to make mineral which can remove CO2 from atmosphere

Posted by in categories: economics, sustainability

Scientists have found a rapid way of producing magnesite, a mineral which stores carbon dioxide. If this can be developed to an industrial scale, it opens the door to removing CO2 from the atmosphere for long-term storage, thus countering the global warming effect of atmospheric CO2. This work is presented at the Goldschmidt conference in Boston.

Scientists are already working to slow by removing dioxide from the atmosphere, but there are serious practical and economic limits on developing the technology. Now, for the first time, researchers have explained how magnesite forms at low temperature, and offered a route to dramatically accelerating its crystallization. A tonne of naturally-occurring magnesite can remove around half a tonne of CO2 from the atmosphere, but the rate of formation is very slow.

Project leader, Professor Ian Power (Trent University, Ontario, Canada) said:

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