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Archive for the ‘economics’ category: Page 147

May 1, 2018

To create safer cities for everyone, we need to avoid security that threatens

Posted by in categories: economics, security, space

The central role of public spaces in the social, cultural, political and economic life of cities makes it crucial that they’re accessible to everyone. One of the most important qualities of accessible public spaces is safety. If people do not feel safe in a public space, they are less likely to use it, let alone linger in it.

Perceptions of are socially produced and socially variable. It is not simply the presence of crime – or “threatening environments” – that contributes to lack of safety or fear.

All sorts of measures are put in place to make public spaces safer, from design to policing. But when we consider the effectiveness of these measures, we always have to ask: whose safety is being prioritised?

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May 1, 2018

US tech ban on ZTE exposes China’s Achilles’ heel

Posted by in category: economics

Even more importantly, it will have wider repercussions on the overall development of China itself. Inevitably, it will hinder the country’s ambition to narrow the technology gap with the developed West.


China’s reliance on key technologies from the West shows it still needs the developed economies much more than they need China.

By Cary Huang

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Apr 29, 2018

Meet the 26-year-old ex-Googler who got $133 million for a cryptocurrency startup that could replace money completely

Posted by in categories: bitcoin, cryptocurrencies, economics

Nader Al-Naji started mining bitcoin in his Princeton dorm in 2013. Now, he’s working on a stable cryptocurrency that be believes could actually replace money.

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Apr 27, 2018

Is Finland Ending Universal Basic Income? No, Not Exactly

Posted by in categories: economics, government

Reports began surfacing in the media earlier this week that Finland was scrapping its much-discussed basic income experiment. The country began paying 2,000 unemployed Finns a basic income of €560 ($678) a month in January of 2017.

Articles this week ran headlines implying that Finland had decided to halt the experiment, implying that it had become unpopular.” The eagerness of the government is evaporating. They rejected extra funding [for it],” said Olli Kangas, the leader of the research team at Kela (Social Insurance Institution of Finland), told the BBC.

In actual fact, Finland is continuing its basic income plan until the end of 2018, as it had initially planned. Yes, it’s true that it won’t be extended past that date — but there hasn’t been any official word from the Finnish government that the experiment has been a failure. If anything, the government appears to be intent on studying the effects of the two-year program but believe they can only do so after it’s finished.

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Apr 27, 2018

How much does infrastructure boost an economy?

Posted by in categories: economics, food

Before 1870, India barely had railroads. It didn’t have many canals either, and only a small percentage of the population lived along the three main rivers. So when goods needed to be transported, people used steer, which could pull freight about 20 miles per day.

But the British, India’s colonial rulers, started building rail lines, and then built some more. By 1930, there were more than 40,000 miles of railroads in India, and goods could be shipped about 400 miles a day.

The result? As MIT economist David Donaldson shows in a newly published study on the economic impact of building infrastructure, railroads fostered commerce that raised real agricultural income by 16 percent.

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Apr 26, 2018

Balancing nuclear and renewable energy

Posted by in categories: economics, nuclear energy, solar power, sustainability

Nuclear power plants typically run either at full capacity or not at all. Yet the plants have the technical ability to adjust to the changing demand for power and thus better accommodate sources of renewable energy such as wind or solar power.

Researchers from the U.S. Department of Energy’s (DOE) Argonne National Laboratory and the Massachusetts Institute of Technology recently explored the benefits of doing just that. If nuclear generated in a more flexible manner, the researchers say, the plants could lower electricity costs for consumers, enable the use of more , improve the economics of nuclear and help reduce greenhouse gas emissions.

The team explored technical constraints on flexible operations at and introduced a new way to model how those challenges affect how power systems operate. “Flexible nuclear power operations are a ‘win-win-win,’ lowering power system operating costs, increasing revenues for nuclear plant owners and significantly reducing curtailment of renewable energy,” wrote the team in an Applied Energy article published online on April 24.

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Apr 23, 2018

Shaping the Future of Digital Economy and Society

Posted by in categories: business, economics

The World Economic Forum is an independent international organization committed to improving the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas. Incorporated as a not-for-profit foundation in 1971, and headquartered in Geneva, Switzerland, the Forum is tied to no political, partisan or national interests.

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Apr 20, 2018

The Amount of Money A.I. Researchers Earn Will Shock You

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

Researchers in artificial intelligence can stand to make a ton of money. But this week, we actually know just how much some A.I. experts are being paid — and it’s a lot, even at a nonprofit.

OpenAI, a nonprofit research lab, paid its lead A.I. expert, Ilya Sutskever, more than $1.9 million in 2016, according to a recent public tax filing. Another researcher, Ian Goodfellow, made more than $800,000 that year, even though he was only hired in March, the New York Times reported.

As the publication points out, the figures are eye-opening and offer a bit of insight on how much A.I. researchers are being paid across the globe. Normally, this kind of data isn’t readily accessible. But since OpenAI is a nonprofit organization, it’s required by law to make these figures public.

Continue reading “The Amount of Money A.I. Researchers Earn Will Shock You” »

Apr 18, 2018

Bioquark Inc. — Cracking the Entrepreneur Code Podcast — Ira Pastor

Posted by in categories: aging, biotech/medical, business, disruptive technology, DNA, economics, finance, genetics, health, life extension

Apr 14, 2018

Google futurist and director of engineering: Basic income will spread worldwide by the 2030s

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

  • Basic income will be widespread by the 2030s, according to Google futurist and director of engineering Ray Kurzweil.
  • Kurzweil is known for making seemingly wild predictions. In 2016, he predicted that by 2029, medical technology will add an extra year to human life expectancies on an annual basis.
  • ” We’re going to have more and more powerful technology to keep our physical bodies going. We’ll think, ‘Wow, back in 2018, people only had one body, and they couldn’t back up their mind file,’” he said onstage at TED.

As it becomes apparent that artificial intelligence will replace ever-more jobs in the coming years, a growing number of politicians, nonprofits, and Silicon Valley entrepreneurs have started thinking about how we’ll cope with a world in which not everyone can — or needs to — work.

Basic income experiments, in which people are given a regular salary just to live, no strings attached, are popping up all over Europe, Africa, and North America.

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