Lifeboat Foundation: Safeguarding Humanity
Toggle light / dark theme

Blog

Category: economics – Page 79

This is a farm in China.
This is a Mcdonalds in New York.
This is an apartment complex in Mumbai.
And this is a skyscraper in London.

What do all these have in common? Well as it turns out. All of these places’ successes or failures…
Economic booms or collapses…
And even population growth or famines…
Might soon be decided by the nation of Morocco.

And probably not for the reasons that you might think. In fact, this future economic trajectory was likely decided by a tiny little creature a couple centuries ago.

This a bat. In the modern world, we view bats as things that both control insect population, as well as creatures that spread rare diseases.

Continue reading “How Morocco Secretly Controls China, India, The United States, And the World” | >

And just as private space travel is now materializing, many industry observers are forecasting that the same business model will give rise to commercial fusion — desperately needed to decarbonize the energy economy — within a decade. “There’s a very good shot to get there within less than ten years,” says Michl Binderbauer, chief executive of TAE Technologies. In the FIA report, a majority of respondents thought that fusion would power an electrical grid somewhere in the world in the 2030s.

An emerging industry of nuclear-fusion firms promises to have commercial reactors ready in the next decade.

Read more | >

By analyzing data from the global online intelligence platform BuiltWith, my colleagues and I have been exploring new ways to measure a nation’s actual digital footprint – from the bottom-up. We have developed two new experimental measures of national digital infrastructure – one focused on domestic digital infrastructure (DDI) and another that looks at a nation’s online export ambitions (DXI).

We plan to develop these further and explore how they may be used to feature in a future index of Digital Economic Investment next year.

This first measure: Digital Domestic Infrastructure (DDI), has a domestic focus and simply looks at the number of websites in each country using the top-level country domain as a simple filter for geography. We digital infrastructure consists of much more than websites and online services but that is a useful guide at a national scale into a nations investments and assets in the digital economy. We’ve also filtered for domains that are hosted by or invest in paid technologies (a data feature BuiltWith offers), so as to distinguish active websites from those that are idle or redirected – typically held by domain squatters. This also removes counts of hobby or personal websites as, while there’s an amazing array of free, open source technologies to be used in building digital services online, most commercial services now have at least one form of paid technology in their mix.

Read more | >

The UK’s Reaction Engines has announced a joint venture to create compact, lightweight ammonia reactors it says can be used to decarbonize difficult sectors like shipping and off-grid energy generation – and surprisingly, also aviation.

We’ve written before about ammonia’s potential in the clean transport sector; check out our ammonia clean fuel primer piece from September. Compared against hydrogen, ammonia’s much easier and cheaper to store and transport, and although it only carries about 20 percent as much energy as hydrogen by weight, it carries about 70 percent more energy than liquid H2 by volume.

The weight issue generally rules ammonia out of aviation discussions; at less than half the specific energy of jet fuel it looks less attractive than hydrogen. But hydrogen’s volume issues must also be taken into account. Today’s airliners are built for jet fuel so retro-fitting large-volume long-range hydrogen tanks can mean you lose seats. And anyone who’s flown economy can attest, airlines really like fitting in as many seats as they can.

Read more | >

Nov 11 (Reuters) — Companies in North America added a record number of robots in the first nine months of this year as they rushed to speed up assembly lines and struggled to add human workers.

Factories and other industrial users ordered 29,000 robots, 37% more than during the same period last year, valued at $1.48 billion, according to data compiled by the industry group the Association for Advancing Automation. That surpassed the previous peak set in the same time period in 2017, before the global pandemic upended economies.

The rush to add robots is part of a larger upswing in investment as companies seek to keep up with strong demand, which in some cases has contributed to shortages of key goods. At the same time, many firms have struggled to lure back workers displaced by the pandemic and view robots as an alternative to adding human muscle on their assembly lines.

Read more | >

Tesla rival Rivian stock price was valued at over $100 billion after it was publicized at the world’s largest IPO in 2021.

The Rivian stock price was valued at over $100 billion after it was publicized at the world’s largest IPO in 2021. With this, Tesla CEO Elon Musk has given some warning that Rivian may face.

Rivian Stock Price Prediction: Elon Musk Gives Heads-Up to the Challenges

Continue reading “Rivian Stock Price Prediction: Elon Musk Reveals “True Test” for New Tesla Competitor” | >

The same goes for the broader economy. Lower subsidies, higher taxes and pricier labour have eroded some of Saudi Arabia’s traditional selling points for firms. It is unclear what will replace them.

Until the government banned the practice, residents of Abha would chop down juniper trees for firewood, to stave off the winter chill. As part of the regional tourism project, developers plan to plant 1m trees to reforest the mountains. It will be a long time before visitors can appreciate them: they grow just 5cm a year in the region’s dry climate, says Turki al-Bishri, a local guide. For all the talk of rapid change, the slow-growing juniper may offer a better glimpse of Saudi Arabia’s economic future. ■

This article appeared in the Middle East & Africa section of the print edition under the headline “No tourist Mecca”.

Read more | >

Universal Basic Income is soon going to become a necessity due to Robots becoming exponentially more capable of doing jobs which previously could only be performed by humans. This has become especially apparent with Elon Musk’s new venture in the form of Tesla Robot Optimus which is aimed to be shown off in 2022. Whether or not Elon Musk’s predictions will turn out to be true is yet to be seen, but it’s clear that we will need some kind of Passive income in the form of UBI.

In this video I will show you how you can use that knowledge to prepare yourself for a world with Universal Basic Income, how to make more money than anyone else and even double your income in the end.
–

If you enjoyed this video, please consider rating this video and subscribing to our channel for more frequent uploads. Thank you! smile
–
TIMESTAMPS:
00:00 How Robots will change Society.
01:32 What is happening right now.
03:04 The Future of Employment.
05:05 Example of how this is happening.
06:47 The Negatives.
07:38 Last Words.
–
#robots #ubi #jobs

Read more | >

In response to the so-called “labor shortage,” companies are looking to finally replace replace workers with machines — and robotics companies couldn’t be happier to oblige.

David Zapico, the CEO of robotics company Ametek Inc., told Bloomberg News that his company is “firing on all cylinders” because, as he put it, “people want to remove labor.”

He’s not alone in his musings. Executives at Hormel Foods Corp and Domino’s Pizza also confirmed to Bloomberg that they’re investing in automation in an effort to reduce labor costs and respond to a “tight labor supply,” as one Hormel vice president put it.

Read more | >

Circa 2021

Decarbonisation of the iron and steel industry would require the use of innovative low-carbon production technologies. Use of 100% hydrogen in a shaft furnace (SF) to reduce iron ore has the potential to reduce emissions from iron and steel production significantly. In this work, results from the techno-economic assessment of a H2-SF connected to an electric arc furnace(EAF) for steel production are presented under two scenarios. In the first scenario H2 is produced from molten metal methane pyrolysis in an electrically heated liquid metal bubble column reactor. Grid connected low-temperature alkaline electrolyser was considered for H2 production in the second scenario. In both cases, 59.25 kgH2 was required for the production of one ton of liquid steel (tls). The specific energy consumption (SEC) for the methane pyrolysis based system was found to be 5.16 MWh/tls. The system used 1.51 MWh/tls of electricity, and required 263 kg/tls of methane, corresponding to an energy consumption of 3.65 MWh/tls. The water electrolysis based system consumed 3.96 MWh/tls of electricity, at an electrolyser efficiency of 50 KWh/kgH 2. Both systems have direct emissions of 129.4 kgCO2/tls. The indirect emissions are dependent on the source of natural gas, pellet making process and the grid-emission factor. Indirect emissions for the electrolysis based system could be negligible, if the electricity is generated from renewable energy sources. The levellized cost of production(LCOP) was found to be $631, and $669 respectively at a discount rate of 8%, for a plant-life of 20 years. The LCOP of a natural gas reforming based direct reduction steelmaking plant of operating under similar conditions was found to be $414. Uncertainty analysis was conducted for the NPV and IRR values.

Read more | >