Even years into the deployment of the internet, many believed that it was still a fad. Of course, the internet has since become a major influence on our lives, from how we buy goods and services, to the ways we socialize with friends, to the Arab Spring, to the 2016 U.S. presidential election. Yet, in the […]
» Currently browsing: Economy
Should robots pay taxes? It may sound strange, but a number of prominent people have been asking this question lately. As fears about the impact of automation grow, calls for a “robot tax” are gaining momentum. Earlier this month, the European parliament considered one for the EU. Benoît Hamon, the French Socialist party presidential candidate […]
In a major price surge, Dash has nearly doubled market cap over the last month, overtaking Litecoin and Monero to become the fourth most valued cryptocurrency. This week one year ago, Dash was the #7 ranked cryptocurrency with a market cap of about $23 mln. This number grew steadily over the course of the year, finishing out the year with […]
Jeff Hancock likes to give his Stanford University students weekend assignments that let them experience concepts discussed in class for themselves. Before 2008, he would sometimes challenge his students to stay off the internet for 48 hours and then discuss how it affected them. But when Hancock returned to work in 2009, after a year-long sabbatical, […]
Jon Zornow, the founder of Sewbo, made waves in September after announcing that he had built the first robot to sew a t-shirt without human intervention. Using a robot arm and an automatic sewing machine, Zornow took some carefully prepared material and ran it through a pre-programmed series of moves. It worked. Out popped a […]
Automation could replace 250,000 jobs in government over the next 10 to 15 years — with potentially one million more under threat. The UK’s public sector workforce stood at around 5.3 million in the middle of last year, and has been falling since 2009, when it stood at 6.4 million. But that could be slashed significantly […]
It’s the kind of stat you might casually tell a friend at a bar: For the last six years, Japan has sold more adult diapers than baby diapers. But Japan’s fertility problems are far more grave than toilet-related trivia. Over the last decade, Japan has seen its elderly population swell, new family-planning stall, and its economy shrink because of persistently low […]
When Donald Trump won the election, many in Silicon Valley were flummoxed: “How could a bigoted billionaire with no government experience and a twitchy Twitter trigger finger win the U.S. presidential election?” they asked themselves.
A company is planning to build the world’s first floating city in the middle of the Pacific Ocean. The government of French Polynesia has signed an agreement with a US firm and they hope construction work will begin in 2019. The Seasteading Institute has spent the past five years trying to work out how to build “permanent, innovative communities […]
I’m certainly not going to win any popularity contests for writing this article. The last thing anybody wants to talk about after a presidential election is a patent bubble. After all, most of us took a nice stock market beat down during the recent housing bubble and mortgage crisis.