Archive for the 'Economy' Category

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Cobalt Hoarding Ahead of Assumed Electric Car Boom

February 25th, 2017

Via: Reuters: Investors are buying up physical cobalt anticipating that shortages of the metal, a key component of lithium-ion batteries used in electrical cars, will spur prices to their highest levels since the 2008 financial crisis. Prices for cobalt metal have climbed nearly 50 per cent since September to five-year peaks around US$19 ($NZ26.50) a […]

Private Prisons Back In Mix For Federal Inmates

February 23rd, 2017

Via: NPR: New Attorney General Jeff Sessions is rescinding an Obama-era memo that directed the Justice Department to reduce the use of private prisons, NPR’s Carrie Johnson reports Sessions writes in the order that returning to the Bureau of Prisons’ earlier approach would provide flexibility. “The memorandum changed long-standing policy and practice, and impaired the […]

AI Learns to Write Its Own Code by Stealing from Other Programs

February 23rd, 2017

Via: New Scientist: OUT of the way, human, I’ve got this covered. A machine learning system has gained the ability to write its own code. Created by researchers at Microsoft and the University of Cambridge, the system, called DeepCoder, solved basic challenges of the kind set by programming competitions. This kind of approach could make […]

Tesla Will Double Number of Supercharger Locations in North America in 2017

February 22nd, 2017

Via: The Verge: Tesla will double the number of Supercharger locations in North America in 2017, the company revealed today in its quarterly letter to shareholders. The company currently has 2,636 Superchargers at 373 locations across the United States, Canada, and Mexico, and plans to have twice as many locations open by the end of […]

Robots Poised to Take Over Wide Range of Military Jobs

February 21st, 2017

Via: San Diego Union Tribune: The wave of automation that swept away tens of thousands of American manufacturing and office jobs during the past two decades is now washing over the armed forces, putting both rear-echelon and front-line positions in jeopardy. “Just as in the civilian economy, automation will likely have a big impact on […]

Flashback 2013: Jeff Bezos Is Doing Huge Business with the CIA, While Keeping His Washington Post Readers in the Dark

February 17th, 2017

Not only do I buy a lot of homeschooling books for my children from Amazon, but Cryptogon depends on affiliate commissions from Amazon. Several retailers in New Zealand simply buy stuff at retail from Amazon and then send it over to NZ. (That should give you an idea of how broken retailing is in NZ […]

U.S. Solar Capacity Nearly Doubles in One Year, Blows Away Previous Records

February 15th, 2017

Disclosure: I sell solar power systems in New Zealand. — Via: Green Tech Media: In its biggest year to date, the United States solar market nearly doubled its annual record, topping out at 14,626 megawatts of solar PV installed in 2016. This represents a 95 percent increase over the previous record of 7,493 megawatts installed […]

Daimler to Convert Engine Production to Electric at Its Largest Factory

February 14th, 2017

The simplicity of EV powertrains, compared to internal combustion, means that, “The plant will require significantly fewer employees.” Via: Electrek: Daimler has ambitious plans for electric vehicle production. It is among the few major automakers that not only have accepted the transition to fully electric propulsion in the auto industry, but who have also committed […]

For the First Time, Wind on the Plains Supplied More Than Half Region’s Power

February 14th, 2017

Via: Bloomberg: Wind turbines across the Great Plains states produced, for the first time, more than half the region’s electricity Sunday. The power grid that supplies a corridor stretching from Montana to the Texas Panhandle was getting 52.1 percent of its power from wind at 4:30 a.m. on Sunday, Little Rock, Arkansas-based Southwest Power Pool […]

DroneSeed

February 13th, 2017

Forestry jobs? *poof* Via: Vimeo: DroneSeed: First Video of a Drone Planting a Tree from DroneSeed on Vimeo.

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