Archive for the 'Elite' Category

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Musk Apparently Not Joking About Tunnel Boring Venture

January 25th, 2017

Is this real? Via: Electrek: If you weren’t convinced that Tesla CEO Elon Musk was serious about launching a new company to start digging tunnels, maybe you will be now that he is putting a timeline on the project. He announced early this morning that they have made “exciting progress” and that he expects to […]

Not The Onion: Cambridge Scientists Consider Fake News ‘Vaccine’

January 24th, 2017

Via: BBC: The appearance of fake news on websites and social media has inspired scientists to develop a “vaccine” to immunise people against the problem. A University of Cambridge study devised psychological tools to target fact distortion. Researchers suggest “pre-emptively exposing” readers to a small “dose” of the misinformation can help organisations cancel out bogus […]

Silicon Valley Billionaires Prepping for Collapse Caused by Machines Eliminating Jobs

January 23rd, 2017

Mmm hmm. Via: Recode: One of the more peculiar hobbies popular among the Silicon Valley elite is an obsession with preparing to survive for end times; its adherents are commonly called “preppers.” It’s the topic of an essay in the New Yorker this week, “Survival of the Richest” by Evan Osnos, which delves into why […]

Wyoming Wants to Ban Sale of Electricity from Large Scale Wind and Solar Projects within State

January 22nd, 2017

Disclosure: I sell solar power systems in New Zealand. — Via: Christian Science Monitor: While renewable-energy use has grown substantially over the last few years, the regulatory environment remains volatile. Some states have worked hard to stimulate renewable energy, supporting infrastructure projects and offering incentives to consumers who install home solar arrays. But others have […]

Open Thread: Donald Trump Sworn in as 45th President of the United States

January 20th, 2017

Via: AP: Pledging to empower America’s “forgotten men and women,” Donald Trump was sworn in as the 45th president of the United States Friday, taking command of a deeply divided nation and ushering in an unpredictable era in Washington. His victory gives Republicans control of the White House for the first time in eight years. […]

Elite at Davos Freak Out Over Populism

January 18th, 2017

Via: Bloomberg: On the second day of the World Economic Forum’s annual meeting in the Swiss Alps, delegates disagreed on how best to address the upending of the western political order, a debate made doubly urgent by the string of elections in Europe this year where anti-establishment parties could gain more ground. While International Monetary […]

8 Men as Rich as Half the World

January 15th, 2017

Get yourself a side hustle and a podshare. Via: ABC: The gap between the super-rich and the poorest half of the global population is starker than previously thought, with just eight men, from Bill Gates to Michael Bloomberg, owning as much wealth as 3.6 billion people, according to an analysis by Oxfam released Monday. Presenting […]

Facebook: Building 8

January 12th, 2017

Wikipedia: Transcranial Pulsed Ultrasound: Defense Advanced Research Projects Agency (DARPA) is undergoing research to develop a helmet that could control the minds of soldiers through the use of TPU. It would have the potential to control a soldier’s stress and anxiety levels with the click of a remote controlled button.[5] Sound waves would target specific […]

The One About Amazon’s Floating Warehouses

December 29th, 2016

My guess about this one is that it’s a joke—something like Elon Musk’s tunnel boring tweets. Assuming that it would be physically possible to float hundreds of tons of merchandise over a city (forget about the FAA for a moment), what would the economics of that look like? In any event, Jeff Bezos will probably […]

World’s Largest Hedge Fund to Replace Managers with Artificial Intelligence

December 22nd, 2016

Via: Guardian: The world’s largest hedge fund is building a piece of software to automate the day-to-day management of the firm, including hiring, firing and other strategic decision-making. Bridgewater Associates has a team of software engineers working on the project at the request of billionaire founder Ray Dalio, who wants to ensure the company can […]

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