Archive for the 'Economy' Category

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Google Trialing Ride Hailing Service in Phoenix with 100 Self Driving Minivans, 500 More on Order

April 25th, 2017

Via: Vox: For years, Google — which recently renamed its self-driving car division “Waymo” — has been viewed as having the industry’s leading self-driving car technology. In the past couple of years, Waymo has had dozens of cars on the road racking up more than 2 million miles of real-world driving experience. Now Waymo is […]

New Zealand: Ongoing Dairy Pollution of Te Waikoropupu Springs Reserve

April 17th, 2017

Disclosure: I am involved with the effort to bring attention to the pollution and water take issues at Te Waikoropupu Springs Reserve. — Intensive dairy farming is destroying freshwater resources around New Zealand. It turns out the crown jewel of them all, a national treasure and a globally unique ecosystem is now threatened. How does […]

U.S. Electricity Demand Peaked in 2007

April 13th, 2017

Disclosure: I sell solar power systems in New Zealand. — There are many likely small components of this, such as efficiency gains, small scale solar masking loads behind the meter (might explain 1% of demand decline), and high prices for electricity in some areas. But… Via: Bloomberg: Part of the reason is that a grim […]

Delivery Robots: A Revolutionary Step or Sidewalk-Clogging Nightmare?

April 12th, 2017

Via: Guardian: Sharing a sidewalk with one of DoorDash’s delivery robots is a bit like getting stuck behind someone playing Pokémon Go on his smartphone. The robot moves a little bit slower than you want to; every few meters it pauses, jerking to the left or right, perhaps turning around, then turning again before continuing […]

Chinese Firm Halves Worker Costs by Hiring Army of Robots to Sort Out 200,000 Packages a Day

April 11th, 2017

Via: South China Morning Post: A viral video showing an army of little orange robots sorting out packages in a warehouse in eastern China is the latest example of how machines are increasingly taking over menial factory work on the mainland. The behind-the-scenes footage of the self-charging robot army in a sorting centre of Chinese […]

‘An Estimated $3 Trillion in Daily Commerce Flows Through COBOL Systems’

April 10th, 2017

Via: Reuters: The Common Business-Oriented Language was developed nearly 60 years ago and has been gradually replaced by newer, more versatile languages such as Java, C and Python. Although few universities still offer COBOL courses, the language remains crucial to businesses and institutions around the world. In the United States, the financial sector, major corporations […]

Donald Trump Warns That Attacking Syria Could Start World War III

April 8th, 2017

Via: The Dollar Vigilante:

Florida’s Money Laundering Suburb

April 5th, 2017

Via: USA Today: In a community known mostly as a getaway from the urban problems of Miami, the flood of drug money has confounded law enforcement agencies. “We always thought we would get to it at some point,” said Charlie Blau, a former federal prosecutor who oversaw the first money laundering sting in Miami. “We […]

Amazon’s Robot War Is Spreading

April 5th, 2017

Via: Bloomberg: It was Amazon that drove America’s warehouse operators into the robot business. Quiet Logistics, which ships apparel out of its Devens, Mass., warehouse, had been using robots made by a company called Kiva Systems. When Amazon bought Kiva in 2012, Quiet hired scientists. In 2015 it spun out a new company called Locus […]

Tesla’s Market Cap Surpasses Ford’s

April 3rd, 2017

Via: Bloomberg: Tesla Inc.’s Elon Musk poked fun at short sellers as his electric-car maker’s stock surged to a record, vaulting its market value past century-old rival Ford Motor Co. “Stormy weather in Shortville…” the chief executive officer tweeted Monday, as Tesla shares climbed as much as 5.8 percent. The maker of Model S sedans […]

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