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Archive for the ‘economics’ category: Page 45

Dec 17, 2022

The next and most profound industrial revolution in human history is underway in Low Earth Orbit

Posted by in categories: economics, government, space travel

Riding on the shoulders of the Apollo generation, the Artemis missions will pave the way for humans to return to the moon, begin human exploration of Mars, and someday for humanity to reach the edges of our solar system and beyond.

While the exploration of deep space is critical to advancing our understanding of so many unanswered questions about the universe and our place in it, it is equally as critical that the United States government and private industry work together to lead the commercialization of Low Earth Orbit (LEO), and capture the resulting massive new space economy.

As I wrote in The Washington Post recently, the most profound chapter in human history is the industrial revolution happening in LEO, just 250 miles above our heads. We are at a turning point for our civilization, pivoting from 60 years of space exploration to a new era of unprecedented economic activity, manufacturing and growth in space. This burgeoning epoch is called the Orbital Age, and it will drive a new trillion-dollar industry.

Dec 16, 2022

A world-first project that uses ‘self-healing’ concrete to repair sewage pipes

Posted by in categories: economics, life extension, robotics/AI

This technology will not only extend the lifespan of concrete structures, but also promote a circular economy.

Sewer pipe corrosion, or crown corrosion, occurs when sewage pipe material comes into contact with sulphuric acid. The aging pipe material corrodes, and the pipes crack. Over the past few years, engineers have developed sewer bots to inspect sewage pipes and go to places unsafe for humans.

Professor Yan Zhuge, an engineering expert at the University of South Australia, is trialing a novel solution.

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Dec 16, 2022

Apes can make rational, economic decisions as humans do, research finds

Posted by in category: economics

They love to bet.

The Institute of Biology at the University of Neuchatel (UniNE) in Switzerland discovered that orangutans and gorillas could make rational economic decisions. According to a new study, apes are similar to humans when it comes to making choices.

Led by Penelope Lacombe, Sarah Brocard, Klaus Zuberbühler, and Christoph Dahl, the study was conducted with orangutans and gorillas housed at Switzerland’s Basel Zoo. The results were published in PLOS ONE on December 14.

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Dec 16, 2022

FTX caught depositing 8 billion dollars of customer money into secret accounts

Posted by in categories: economics, finance

In a move to protect SBFs hedge fund from losing billions software code was altered.

Sam Bankman-Fried owned Alameda Research, a hedge fund heavily invested in FTX. In move to make sure the hedge fund assets were never sold off, when FTX began to have issues, an engineer secretly changed software code in the FTX system. The software would have sold off all Alameda Research assets, just like any other companies that were owned, in the case of FTX filing for bankruptcy.


Getty Images.

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Dec 14, 2022

Dr. Tobias Reichmuth, Ph.D. — Maximon — Structuring, Financing & Growing Novel Longevity Ventures

Posted by in categories: business, climatology, economics, finance, life extension, singularity, sustainability

Structuring, Financing & Growing Novel Longevity Ventures — Dr. Tobias Reichmuth Ph.D., Founding Partner, Maximon


Dr. Tobias Reichmuth, Ph.D. is Founding Partner at Maximon (https://www.maximon.com/), The Longevity Company Builder, which empowers entrepreneurs to build impactful, science-based and scalable companies providing healthy aging and rejuvenation solutions.

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Dec 11, 2022

Quantum physics is weird, but here’s how it’s making us money

Posted by in categories: economics, quantum physics

Following a visit to the UK’s National Quantum Technology Showcase, James McKenzie is excited about the prospects of UK firms developing “quantum 2.0” technology.

Dec 10, 2022

Microsoft acquires startup developing high-speed cables for transmitting data

Posted by in categories: biotech/medical, business, computing, economics, finance, government, security

Microsoft today announced that it acquired Lumenisity, a U.K.-based startup developing “hollow core fiber (HCF)” technologies primarily for data centers and ISPs. Microsoft says that the purchase, the terms of which weren’t disclosed, will “expand [its] ability to further optimize its global cloud infrastructure” and “serve Microsoft’s cloud platform and services customers with strict latency and security requirements.”

HCF cables fundamentally combine optical fiber and coaxial cable. They’ve been around since the ’90s, but what Lumenisity brings to the table is a proprietary design with an air-filled center channel surrounded by a ring of glass tubes. The idea is that light can travel faster through air than glass; in a trial with Comcast in April, a single strand of Lumenisity HCF was reportedly able to deliver traffic rates ranging from 10 Gbps to 400 Gbps.

“HCF can provide benefits across a broad range of industries including healthcare, financial services, manufacturing, retail and government,” Girish Bablani, CVP of Microsoft’s Azure Core business, wrote in a blog post. “For the public sector, HCF could provide enhanced security and intrusion detection for federal and local governments across the globe. In healthcare, because HCF can accommodate the size and volume of large data sets, it could help accelerate medical image retrieval, facilitating providers’ ability to ingest, persist and share medical imaging data in the cloud. And with the rise of the digital economy, HCF could help international financial institutions seeking fast, secure transactions across a broad geographic region.”

Dec 10, 2022

This seabed mining UAV has completed its proof of concept operation

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

“Eureka 1” is an innovative underwater drone that can collect rare minerals from the seafloor without causing too much damage to the ecosystem.

Impossible Metals has announced in a press release that “Eureka 1,” its first autonomous underwater vehicle (AUV), has finished its first field test by carefully choosing pebbles to collect in an aquatic environment. This is a big step for the company, which wants to move toward a green economy by finding better ways to mine essential minerals.

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Dec 9, 2022

3 Lessons From Digital Natives to Boost Companies’ Transformation Journeys

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

Check out the on-demand sessions from the Low-Code/No-Code Summit to learn how to successfully innovate and achieve efficiency by upskilling and scaling citizen developers. Watch now.

Effects from the COVID-19 pandemic and the resulting economic disruption still loom large over businesses around the world.

Digital-native organizations (DNOs) already using cloud infrastructures and mobile apps to conduct business with customers adapted quickly to the new digital normal. However, despite their best efforts, some established enterprises remain stuck in their digital transformations and cloud adoption journeys. Companies that have struggled to adapt face a huge — and perhaps existential — challenge on how to remain relevant in this new digitally-oriented world.

Dec 5, 2022

Stephen Wolfram on the Wolfram Physics TOE, Blackholes, Infinity, and Consciousness

Posted by in categories: alien life, cryptocurrencies, economics, information science, mathematics, particle physics, robotics/AI

Stephen Wolfram is at his jovial peak in this technical interview regarding the Wolfram Physics project (theory of everything).
Sponsors: https://brilliant.org/TOE for 20% off. http://algo.com for supply chain AI.

Link to the Wolfram project: https://www.wolframphysics.org/

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