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Archive for the ‘economics’ category

Sep 10, 2024

Serge Kinda on Instagram: Universal Basic income for the unemployed

Posted by in categories: economics, robotics/AI

11 likes, — cyberserge on June 20, 2024: Universal Basic income for the unemployed.

#AI #income #future #work #belong #meaning #personaldevelopment #personaltrainer

Sep 9, 2024

Empirical economic analysis shows cost-effective continuous manufacturing of cultivated chicken using animal-free medium

Posted by in category: economics

Data from tangential flow filtration experiments using cell culture medium without animal products are used to estimate the costs of scaled-up, continuous cultivated chicken manufacturing.

Sep 8, 2024

Molecular simulations, supercomputing lead to energy-saving biomaterials breakthrough

Posted by in categories: 3D printing, economics, energy, supercomputing, sustainability, transportation

A team led by scientists at the Department of Energy’s Oak Ridge National Laboratory identified and successfully demonstrated a new method to process a plant-based material called nanocellulose that reduced energy needs by a whopping 21%. The approach was discovered using molecular simulations run on the lab’s supercomputers, followed by pilot testing and analysis.

The method, leveraging a solvent of sodium hydroxide and urea in water, can significantly lower the production cost of nanocellulosic fiber — a strong, lightweight biomaterial ideal as a composite for 3D-printing structures such as sustainable housing and vehicle assemblies. The findings support the development of a circular bioeconomy in which renewable, biodegradable materials replace petroleum-based resources, decarbonizing the economy and reducing waste.

Colleagues at ORNL, the University of Tennessee, Knoxville, and the University of Maine’s Process Development Center collaborated on the project that targets a more efficient method of producing a highly desirable material. Nanocellulose is a form of the natural polymer cellulose found in plant cell walls that is up to eight times stronger than steel.

Sep 7, 2024

UC Berkeley Chemists Can Now Vaporize Plastic Waste Into Molecular Building Blocks

Posted by in categories: chemistry, economics, sustainability

With mechanical recycling, “if you mix the sandwich bag and the milk jug together and then try to remake an object from that, you can’t make a very good milk jug and you can’t make a very good sandwich bag,” he said. “We’re trying to bring the plastics back to the chemicals from which they’re made in the first place,” Hartwig said.

The researchers use a catalyst, a component of a chemical reaction that makes it go faster, to vaporize both polyethylene and polypropylene plastics — two of the largest volumes of plastics in existence — transforming the solid waste into gases.

The polymers are reduced to their chemical precursors, which can then be reconstructed. In a press release, the university said the process brings “a circular economy for plastics one step closer to reality.”

Sep 4, 2024

China spent more on chipmaking equipment than South Korea, Taiwan, and the U.S. combined — $25B in investments in the first half of the year

Posted by in categories: computing, economics

China’s investment is driven by a need to secure a stable supply of chips critical to various industries, which is why over a dozen Chinese fabs are coming online in 2024 and 2025. Therefore, this surge in spending is not limited to the country’s top-tier manufacturers, such as Semiconductor Manufacturing International Corp. (SMIC) and Hua Hong, but also includes significant contributions from smaller and mid-sized chipmakers. These investments enabled China to maintain its position as the world’s largest market for chipmaking equipment. Virtually all new Chinese fabs are focused on trailing nodes, as it is hard for Chinese companies to get the advanced tools required to make chips on leading-edge process technologies.

China is the only major market to increase its spending on fab tools compared to the previous year despite a global economic slowdown. In contrast, Taiwan, South Korea, and North America all reduced their investments in wafer fab equipment during the same period.

The spending surge in China has also significantly impacted chipmaking tool makers. Companies like Applied Materials, Lam Research, KLA from the U.S., Tokyo Electron from Japan, and ASML from the Netherlands have all reported increased revenue contributions from Chinese companies. Such contributions range from 32% at Applied to 49% at ASML.

Sep 4, 2024

The Universe Has a Memory

Posted by in categories: biotech/medical, economics

Gain a deep understanding of the intricate interconnections within technological, economic, societal, biomedical, and environmental systems by earning a Master of Science degree in Complex Systems Science. https://asuonline.asu.edu/online-degr

Hey remember that time you waved at a stranger who was actually waving at someone behind you? The universe can, at least in its own way. If you thought gravitational waves were wild, just wait until you hear about this thing called gravitational memory.

Continue reading “The Universe Has a Memory” »

Sep 4, 2024

After Years of Chasing Money, OpenAI Reportedly Giving Up on Being a “Nonprofit”

Posted by in categories: economics, robotics/AI

Billions of dollars worth of investment rounds later, the Financial Times is now reporting that the company is finally looking to shed its nonprofit status once and for all.

The company is reportedly in talks to raise further new funds, giving it a valuation of north of $100 billion and potentially making it one of the most valuable Silicon Valley firms ever.

OpenAI has since denied the reporting, arguing in a statement to the FT that “the nonprofit is core to our mission and will continue to exist.”

Sep 1, 2024

What Are the Causes of Human Progress?

Posted by in categories: economics, innovation

Summary: Human progress requires a culture of openness to change and innovation, which historically has been rare and resisted by established elites. Periods of remarkable achievement, like that seen in Enlightenment Europe, occurred when societies embraced new ideas and allowed for intellectual and economic freedom. The key to sustained progress lies in maintaining a culture of optimism and a politico-economic system that encourages innovation rather than suppressing it.

To make progress, we must do something differently from what we did yesterday, and we must do it faster, better, or with less effort. To accomplish that, we innovate, and we imitate. That takes a certain openness to surprises, and that openness is rare. It is difficult to come up with something that never existed. It’s also dangerous, since most innovations fail.

If you live close to subsistence level, you don’t have a margin for error. So, if someone wants to hunt in a new way or experiment with a new crop, it is not necessarily popular. There is a reason why most historical societies that came up with a way of sustaining themselves tried to stick to that recipe and considered innovators troublemakers.

Aug 31, 2024

Nuclear reactors a mile underground promise safe, cheap power

Posted by in categories: economics, nuclear energy

Startup Deep Fission has come up with a new way to deal with the economic and safety problems of nuclear power that is, to say the least, novel. The idea is to build a reactor that’s under 30 inches (76 cm) wide and stick it down a mile-deep (1.6-km) drill shaft.

With its promise of limitless energy by breaking down matter itself, nuclear power has long held a utopian promise for humanity. However, economic and safety considerations, along with political opposition, have hindered its development – especially in the very countries that developed the technology.

The safety and economic factors are related because the high cost of building nuclear power stations has very little to do with the nuclear technology itself. Nuclear fuel, even with all the processing costs included, only comes to about US$1,663 per kilogram (2.2 lb). Because nuclear fuel has such an incredible energy density, that’s about 0.46 ¢/kWh – and the fuel costs keep dropping as the technology becomes more efficient.

Aug 28, 2024

Scientists develop DMG equalization strategy via femtosecond laser micromachining induced refractive index tailoring

Posted by in categories: economics, internet, virtual reality

Optical fiber, as a physical medium for information transmission, is the “highway” of modern economic and social development. However, with the continuous emergence of high-speed and high-capacity communication scenarios such as virtual reality, 5G, intelligent driving, and the Internet of Things (IoT), there is an upper limit to the communication capacity (traffic flow) of the traditional single-mode fiber-optic communication system (highway).

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