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Archive for the ‘economics’ category: Page 47

Nov 10, 2022

‘Economic Picture Ahead Is Dire,’ Elon Musk Tells Twitter Employees

Posted by in categories: cybercrime/malcode, economics, Elon Musk, finance, policy

SAN FRANCISCO — Two weeks after closing a $44 billion deal to buy Twitter, Elon Musk painted a bleak financial picture for the social media company and outlined a series of changes for employees in his first companywide emails to staff.

In two emails sent to workers late on Wednesday, Mr. Musk said the economy was challenging. He added that he planned to end Twitter’s remote work policy and wanted employees to renew their focus on generating revenue and fighting spam.

“Sorry that this is my first email to the company, but there is no way to sugarcoat the message,” Mr. Musk, 51, wrote in one email. “The economic picture ahead is dire.” Twitter was too heavily dependent on advertising and vulnerable to pullbacks in brand spending, he added, and would need to bolster the revenue it gets from subscriptions.

Nov 9, 2022

Attractive female students no longer earned higher grades when classes moved online during COVID-19

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

Are online classes the great equalizer?🤣


New psychology findings suggest that attractive students earn higher grades in school, but for female students, this beauty premium disappears when classes are taught remotely. The findings were published in the journal Economic Letters.

A large body of research suggests that physical appearance has an impact on a person’s success. For example, attractive people tend to earn more money and report higher life satisfaction than less attractive people. Interestingly, scholars have yet to agree on the explanation behind this beauty premium.

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Nov 9, 2022

Scientists Engineer Bacteria to Recycle Plastic Waste Into Valuable Chemicals

Posted by in categories: biological, chemistry, economics, sustainability

Plastic waste is clogging up our rivers and oceans and causing long-lasting environmental damage that is only just starting to come into focus. But a new approach that combines biological and chemical processes could greatly simplify the process of recycling it.

While much of the plastic we use carries symbols indicating it can be recycled, and authorities around the world make a big show about doing so, the reality is that it’s easier said than done. Most recycling processes only work on a single type of plastic, but our waste streams are made up of a complex mixture that can be difficult and expensive to separate.

On top of that, most current chemical recycling processes produce end products of significantly worse quality that can’t be recycled themselves, which means we’re still a long way from the goal of a circular economy when it comes to plastics.

Nov 7, 2022

This company built a 3D-printed net zero house to decrease carbon dioxide

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

“We face two global crises in housing and climate change.”

Southern California met its first-in-the-world 3D-printed zero net home thanks to Mighty Buildings. As part of a 40-unit community in Desert Hot Springs, these 3D-printed houses also draw attention to environmental and economic strategies.

“We are excited to be the first company in the world to complete what we believe to be the sustainable housing standard of the future,” said Mighty Buildings CEO Slava Solonitsyn, as per Dezeen.

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Nov 1, 2022

One-stroke is Enough! E-Rex Petrol Engine Revealed

Posted by in categories: economics, energy, transportation

FOR as long as internal combustion has ruled the roads, vehicles have been fitted with just three basic types of engine: four-stroke, two-stroke, and rotary.

Each differs from the next with regard to its power density and fuel economy, but the general premise of each is very similar. Air and fuel go in, get ignited, and push the piston (or rotor) which in turn rotates the crankshaft creating motion.

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Oct 31, 2022

Want To Live Longer? How Life Extension Industry Will Reboot Health, Wellness and The Economy

Posted by in categories: economics, life extension

Do you want to live a better, healthier and longer life? Me too.

Lets go back to 1937, when Albert Szent-Györgyi won a Nobel Prize for his discovery of ascorbic acid—vitamin C—that enables the body to efficiently use carbohydrates, fats, and protein (I use it a lot during cold and flu season, you?). It was a massively consequential discovery, as it not only saved and extended countless lives, but it also contributed to the foundations of modern nutrition. Szent-Györgyi, himself, was blessed with a long life; he died in 1986 at the age of 93. But he might just as well be known for what he said on his 90th birthday: “I wish I could be 75 again!”

No doubt, that comment elicits more than a few eyerolls today. Especially since the CDC has recently downgraded American life expectancy to just 77 years. But could 75 someday be the new 40—an age by which, like Szent-Györgyi, we’re only hitting our stride? Well, if the burgeoning activity of the life extension industry is any indication, we may actually be on the cusp of making it so—and enjoying life to the fullest right up to the extended end. Which brings us to the morbid thought of mortality—that end state most of us seek to delay, if not dodge.

Oct 28, 2022

After Neoliberalism

Posted by in categories: economics, evolution

What we now witness is what might be called Geopolitical Decentralization. Akin to the Web3 decentralization meta-trend in information and communication technologies, we are moving away from the centralized global control by one country, away from the U.S. hegemony on a global scale. With the Russia-Ukraine war, the U.S. apparently loses its status as a global superpower. This is an entirely natural geopolitical and socio-economic evolution, seemingly predetermined for a civilizational development. Mirroring each other, our technologies go in lockstep with socio-economic and geopolitical processes.


Place has always mattered when it comes to economics—and it will matter more than ever in the coming post-neoliberal world, writes Rana Foroohar.

Oct 27, 2022

Research team proposes unclonable, invisible machine vision markers using cholesteric spherical reflectors

Posted by in categories: augmented reality, blockchains, economics, mobile phones, physics, robotics/AI, wearables

Over the last three decades, the digital world that we access through smartphones and computers has grown so rich and detailed that much of our physical world has a corresponding life in this digital reality. Today, the physical and digital realities are on a steady course to merging, as robots, Augmented Reality (AR) and wearable digital devices enter our physical world, and physical items get their digital twin computer representations in the digital world.

These digital twins can be uniquely identified and protected from manipulation thanks to crypto technologies like blockchains. The trust that these technologies provide is extremely powerful, helping to fight counterfeiting, increase supply chain transparency, and enable the circular economy. However, a weak point is that there is no versatile and generally applicable identifier of physical items that is as trustworthy as a blockchain. This breaks the connection between the physical and digital twins and therefore limits the potential of technical solutions.

In a new paper published in Light: Science & Applications, an interdisciplinary team of scientists led by Professors Jan Lagerwall (physics) and Holger Voos (robotics) from the University of Luxembourg, Luxembourg, and Prof. Mathew Schwartz (architecture, construction of the built environment) from the New Jersey Institute of Technology, U.S., propose an innovative solution to this problem where physical items are given unique and unclonable fingerprints realized using cholesteric spherical reflectors, or CSRs for short.

Oct 27, 2022

Mark Zuckerberg’s metaverse dream is costing billions — and Meta plans to spend more next year

Posted by in categories: economics, internet

It’s going to get even worse, says the CEO in the earnings call.

Mark Zuckerberg’s dream of building the future of the internet is costing Meta billions of dollars every quarter. In the quarterly earnings call on Wednesday, Reality Labs, Meta’s division tasked with building the metaverse, reported a loss of $3.67 billion in the period between July through September, up from $2.8 billion in the previous quarter, Engadget.


IStock/COM & O

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Oct 27, 2022

Lydie Evrard — Deputy Director General, IAEA — Head of the Department of Nuclear Safety and Security

Posted by in categories: economics, engineering, finance, nuclear energy, security, sustainability

Protecting People, Society & Environment — Lydie Evrard, Deputy Director General; Head, Department of Nuclear Safety & Security, International Atomic Energy Agency (IAEA)


Lydie Evrard (https://www.iaea.org/about/organizational-structure/departme…d-security) is Deputy Director General and Head of the Department of Nuclear Safety and Security at the International Atomic Energy Agency (IAEA).

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