According to a new report commissioned by Facebook and conducted by Deloitte, the social networking site had a global economic impact of $227 billion and indirectly created 4.5 million jobs in 2014. Continue Reading »
BMW workers use 3D printed protective wear
The designer leggings manufacturer, Bombsheller, based in Seattle, Washington, claims to be the world’s first fully-programmable clothes factory. Continue Reading »
2014 was the best year for venture capital investments since 2000, with $43.3 billion invested.
Mobile tech generated $3.3 trillion in revenue in 2014
Mobile technology has had a great impact on the global economy, and a new report is showing us just how big that impact actually is. According to a report by The Boston Consulting Group, mobile technology generated $3.3 trillion in revenue in 2014.
A machine that administers sedatives recently began treating patients at a Seattle hospital. At a Silicon Valley hotel, a bellhop robot delivers items to people’s rooms. Last spring, a software algorithm wrote a breaking news article about an earthquake that The Los Angeles Times published.
Although fears that technology will displace jobs are at least as old as the Luddites, there are signs that this time may really be different. The technological breakthroughs of recent years — allowing machines to mimic the human mind — are enabling machines to do knowledge jobs and service jobs, in addition to factory and clerical work.
An Electronic Arts employee works on a character for “MySims.”
The U.S. economy is on the upswing. Unemployment is down to 5.8 percent, and we’re adding hundreds of thousands of new jobs every months — and the video game industry is partially responsible for that.
By Adam Riva: The global economy and any form of government that utilizes it are inherently obsolete and structurally unsound. They cannot be “fixed” because their very underpinning is a mishmash of competition, hierarchy, fractional reserve banking, and fiat currency – all operating under scarcity, coercion, inequality, and varying forms and degrees of economic slavery. We must stop trying to patch the tire and replace it altogether. We are long overdue for a true revolution in the monetary sector of society.
There seems to be bad news everywhere you look these days. Sometimes it seems like the world is falling apart. Between Ebola, climate change, Russia’s invasion of the Ukraine, and the ongoing war in Iraq and Syria.
In terms of balanced growth, the US is the strongest economy in the world right now.
Here are a few charts that show the state of investment around the world. The data, taken from FRED, shows the percentage change in trailing twelve month real gross fixed capital formation from 1Q 2000 levels.
Smart cites tap into technology and social experiments.
Cities are becoming the focal point for policy and investment activities that drive economic growth and build more resilient social structures to address disasters, climate change, and healthcare. The ongoing financial crisis has prompted city managers globally to think about ways to achieve greater efficiencies and compete against other cities and regions for talent and business.