Lifeboat Foundation

That failure, and another one last year involving another type of Long March rocket, slowed China’s space efforts. Officials had hoped to launch around 30 rockets of one type or another in 2017 but only managed 18 (there were 29 launches in America and another 20 of Russian ones—see chart). But they promise to bounce back in 2018, with 40-or-so lift-offs planned this year. These will probably include a third outing for the Long March 5—assuming its flaws can be fixed in time—and missions that will greatly expand the number of satellites serving BeiDou, China’s home-grown satellite navigation system.

NATTY yellow carts whizz tourists around Wenchang space port, a sprawling launch site on the tropical island of Hainan. The brisk tour passes beneath an enormous poster of Xi Jinping, China’s president, then disgorges passengers for photographs not far from a skeletal launch tower. Back at the visitor centre there is a small exhibition featuring space suits, a model moon-rover and the charred husk of a re-entry capsule that brought Chinese astronauts back from orbit. A gift shop at the exit sells plastic rockets, branded bottle openers and cuddly alien mascots.

The base in a township of Wenchang city is the newest of China’s four space-launch facilities. It is also by far the easiest to visit—thanks in part to the enthusiasm of officials in Hainan, a haven for tourists and rich retirees. Wenchang’s local government has adopted a logo for the city reminiscent of Starfleet badges in “Star Trek”. It is building a space-themed tourist village near the launch site, with attractions that include a field of vegetables grown from seeds that have been carried in spaceships.

Continue reading “China’s ambitions in space are growing” »

One year on from its launch, the world remains fascinated by Finland’s groundbreaking universal basic income trial: Europe’s first national, government-backed experiment in giving citizens free cash.

Europe’s first national experiment in giving citizens free cash has attracted huge media attention. But one year in, what does this project really hope to prove?

Continue reading “Money for nothing: is Finland’s universal basic income trial too good to be true?” »

Weapons developers, disease fighters and food engineers were among the biggest winners in China’s top awards for scientists this year, giving a glimpse of the government’s research priorities.

Awards signal the government’s research priorities for the years to come, analyst says.

By now, every interested news-junkie is aware that Bitcoin plummeted from $15,000 to $13,000 (USD exchange rate) on January 11, 2018. This morning, every news outlet and armchair analyst attributes the drop to the Korean government signaling that it will ban Bitcoin trading among its citizens.

With Donald Trump and Kim Jong Un butting heads over nuclear missile tests and the upcoming Winter Olympics, you would think that South Korea has other priorities than banning Bitcoin.

As with all news—except accidents—the Korean plans were known by a few insiders (in this case, government bureaucrats), and so the influence on value was bigger than the drop that occurred after the news story. In the days before this “event”, it was probably responsible for a drop of about $4500 in exchange value.

Listen up Wild Ducks! We have heard this before. On Sept 11, China announced the exact same thing. I wrote about it in the most popular article of my 7 years as Blogger: Bad News is Good News for Bitcoin Investors.

Continue reading “Say it again, Bitcoin Investors: ‘Bad News is Good News’” »

U.S.-trained Chinese-born talent is becoming a key force in driving Chinese companies’ global expansion and the country’s efforts to dominate next-generation technologies like artificial intelligence and machine learning. Where college graduates once coveted a prestigious overseas job and foreign citizenship, many today gravitate toward career opportunities at home, where venture capital is now plentiful and the government dangles financial incentives for cutting-edge research.

“More and more talent is moving over because China is really getting momentum in the innovation area,” said Ken Qi, a headhunter for Spencer Stuart and leader of its technology practice. “This is only the beginning.”

Dr. Oliver Medvedik Vice President of LEAF appears in this new TED interview where he talks about aging research and the possibilities of future medicine.

Aging happens to all of us, but scientists still don’t know the mechanism behind it. We need to focus on finding an answer, says molecular biologist Oliver Medvedik.

If given the option, would you choose to live forever? Many of us would say “yes,” but with one major caveat: just as long we don’t age. In scientific terms, aging means “a progressive loss of fitness in an organism over time,” says molecular biologist and TED Fellow Oliver Medvedik. What causes this loss of fitness in humans is multifaceted, although scientists are exploring different theories including — and these are just a few of the many avenues of research — the deterioration of the health of our telomeres (the ends of our chromosomes), changes in cell mitochondria, inefficient clearance of damaged cell proteins, and the senescence of stem cells, leading to chronic inflammation and a depletion of stem cells.

Continue reading “A crowdfunding platform aims to solve the puzzle of aging” »

Next, the technology maturation process, unfolds in a linear fashion with the ultimate objective of transitioning to the NASA program that established the requirement. This process sacrifices science and the ability to iterate fast; does not incentivize providers to develop affordable and systematic capabilities, and the consideration of economic intelligence and market pull is anything but strategic (engagement model with industry is secondary, i.e “work for hire” contracts, and commercialization is serendipitous). As the sole customer, NASA/the government needs to maintain the unique infrastructure needed for these missions and maintains large per mission costs.

While science missions are largely competitive and outcome focused, human missions start by establishing a destination — the political choice of Moon or Mars — often becoming a solution in search of a problem. Since the Apollo era, the overall result of this “swing” approach has basically resulted in “grounding” the human space program, negatively affecting the morale of the working force, and making many feel that it is little more than a job welfare program.

From an HR perspective, NASA, like any other government organization, is a great example of Peter’s principle, structured and incentivized by the slogan “the hierarchy needs to be preserved by all costs”, frequently leading to the alienation or outright removal of highly competent people focused on problem solving and with a desire of seeing accelerated progress.

Continue reading “From ‘flags and footprints’ to having a routine presence in space” »

Imagine having your government declare fast internet a basic human right.

But such talk has little currency in Sweden or its Scandinavian neighbors, where unions are powerful, government support is abundant, and trust between employers and employees runs deep. Here, robots are just another way to make companies more efficient. As employers prosper, workers have consistently gained a proportionate slice of the spoils — a stark contrast to the United States and Britain, where wages have stagnated even while corporate profits have soared.

In a world full of anxiety about the potential job-destroying rise of automation, Sweden is well placed to embrace technology while limiting human costs.