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Archive for the ‘economics’ category: Page 8

Jul 19, 2020

Why Underinvesting in Innovation is Riskier Than Ever

Posted by in categories: economics, health

Corporate boards have been debating the need to invest in innovation as a driver of future growth for the better part of a decade.

And while many enterprises have demonstrated an organizational commitment to innovation through standing up dedicated teams, allocating budget, and developing bets for the future, innovation leaders now face a sizable challenge. As the world grapples with the current public health crisis and its long-tail impacts on society and the economy, many CEOs and their boards of directors are looking for reasons not to invest in innovation.

Ali Geramian

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Jul 15, 2020

World population expected to peak by 2064

Posted by in category: economics

A new study, published this week in The Lancet, concludes that the global population is likely to peak in 2064 at 9.7 billion and fall to 8.8 billion by century’s end. The report foresees major shifts in geopolitical power – producing a more multi-polar world – with 23 countries seeing their populations shrink by more than half as a result of declining fertility rates. Liberal immigration policies could help to maintain population sizes and economic growth, the authors suggest.

Jul 14, 2020

The Ideological Corruption of Science (Lawrence Krauss in the Wall Street Journal)

Posted by in categories: economics, genetics, science, sex

Theoretical Physicist Lawrence Krauss writes in the Wall Street Journal.

WSJ: In the 1980s, when I was a young professor of physics and astronomy at Yale, deconstructionism was in vogue in the English Department. We in the science departments would scoff at the lack of objective intellectual standards in the humanities, epitomized by a movement that argued against the existence of objective truth itself, arguing that all such claims to knowledge were tainted by ideological biases due to race, sex or economic dominance.

It could never happen in the hard sciences, except perhaps under dictatorships, such as the Nazi condemnation of “Jewish” science, or the Stalinist campaign against genetics led by Trofim Lysenko, in which literally thousands of mainstream geneticists were dismissed in the effort to suppress any opposition to the prevailing political view of the state.

Jul 13, 2020

The Pandemic Has Accelerated Demands for a More Skilled Work Force

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

In the coronavirus economy, companies are adopting more automation, as they seek to cut costs and increase efficiency. There is debate about which jobs are most at risk and how soon. But climbing up the skills ladder is the best way to stay ahead of the automation wave.


Even groups that regularly disagree on labor issues said there should be significant public investment in programs that can upgrade the skills of American workers.

Jul 12, 2020

The Booming Space Economy

Posted by in categories: economics, finance, life extension

The current market is expected to balloon to $1.0-$1.5 trillion in the next 20 years. Not even the anti-aging industry is worth that much!


The next decade is going to be an important one, with declining costs & advanced technology propelling the space economy to new highs. We have never been closer to the final frontier.

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Jul 12, 2020

5G is accelerating factory automation that could add trillions to the global economy

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

Imagine a manufacturing plant in which all the production equipment is continually changing in response to market needs. Robots churning out widgets, for instance, would reconfigure themselves based on data coming in from all points of the widget supply chain, as well as sensors monitoring the factory itself. The result is a smart factory that’s more agile and autonomous than previous generations of automation.

Also known as Industry 4.0, the smart factory runs on data and artificial intelligence, but connectivity forms the backbone of operations. The new fifth generation of mobile networks (5G) is a catalyst for this new industrial revolution because it offers much greater speed and bandwidth than previous networks, as well as low latency, or time required for data to travel between two points. 5G will work with and in some cases replace existing fixed, wired connections, making manufacturing more flexible and ready to implement innovations.

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Jul 8, 2020

Drugs, money and misleading evidence

Posted by in categories: biotech/medical, economics

Child psychiatrist Jon Jureidini and philosopher Leemon McHenry dispute the assumption that all approved drugs and medical devices are safe and effective. They warn that when clinical science is hitched to the pharmaceutical industry’s dash for profits, the scientific method is undermined by marketing spin and cherry-picking of data. They propose a solution inspired by philosopher of science Karl Popper: take drug testing out of the hands of manufacturers.”


It’s time to take trials out of the hands of pharmaceutical makers, argues the latest in a long line of books on corruption and the pharmaceutical industry.

Jul 8, 2020

NASA Teases ‘Psyche,’ A Robot To Explore An Asteroid Worth More Than Our Global Economy

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

NASA is about to begin building its latest spacecraft. Called “Psyche” it will explore a 140 miles/226 kilometers-wide asteroid called “16 Psyche.” Today it’s passed a major milestone.

Why is NASA going to ‘16 Psyche?’

Located in the Solar System’s main asteroid belt between Mars and Jupiter, metal-rich 16 Psyche is thought to be the exposed metallic iron, nickel and gold core of a protoplanet. Most asteroids are rocky or icy.

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Jul 7, 2020

Sharif Uddin Ahmed Rana of the World Talent Economy Forum talking to Malak Trabelsi about

Posted by in categories: economics, space, sustainability

New space and sustainability guest: malak trabelsi, UAE.

Jul 6, 2020

Why China’s Race For AI Dominance Depends On Math

Posted by in categories: economics, education, employment, government, mathematics, robotics/AI, surveillance

The best way to prevent this is by focusing on the basics. America needs a major all-of-society push to increase the number of U.S. students being trained in both the fundamentals of math and in the more advanced, rigorous, and creative mathematics. Leadership in implementing this effort will have to come from the U.S. government and leading technology companies, and through the funding of ambitious programs. A few ideas come to mind: talent-spotting schemes, the establishment of math centers, and a modern successor to the post-Sputnik National Defense Education Act, which would provide math scholarships to promising students along with guaranteed employment in either public or private enterprises.


Forget about “AI” itself: it’s all about the math, and America is failing to train enough citizens in the right kinds of mathematics to remain dominant.

By Michael Auslin

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