Archive for the 'Economy' Category
‘About Half of All U.S. Retail Jobs Could Vanish Due to Computerization’
June 1st, 2017Via: Kansas City Star: Consider this before you assume you can have a long or lucrative career in the retail industry: Up to half of all current jobs in the retail sector are likely to vanish because of e-commerce, automation of jobs and the closing of brick-and-mortar stores. Millions of retail jobs — as we […]
Microsoft Co-Founder Built the World’s Largest Plane to Launch Rockets Into Space
May 31st, 2017Via: The Verge: Microsoft co-founder Paul Allen has spent the last six years working on a giant aircraft capable of launching rockets to space. Today, his company Stratolaunch Systems literally rolled that plane out of its hangar in the Mojave Desert for the first time ever. It’s called the Stratolaunch aircraft, and it’s massive. The […]
Bloomberg: Electric Vehicles Cheaper than Gas Vehicles by 2025
May 31st, 2017I agree with this assessment much more than the one that said no gas cars by 2025. Via: Bloomberg: Now research from Bloomberg New Energy Finance indicates that falling battery costs will mean electric vehicles will also be cheaper to buy in the U.S. and Europe as soon as 2025. Batteries currently account for about […]
Biggest Threat to Utilities Is Not Solar + Storage, It’s Their Own Greed
May 31st, 2017Disclosure: I sell solar power systems in New Zealand. — I had written a long, obscenity laden rant about the retail energy cartel in New Zealand as the commentary on this story. Upon reading over what I’d written, and cleaning the spit off my screen, I realized that A) I’d written it all before and […]
Russian Explorers Find ‘Swamp’ of Soviet Money
May 29th, 2017I’m not sure at what age I’ll begin formal Homeschooling – Cryptogon Edition with my children, but this will be a great one for when I teach them about the fiat currency scam. Via: BBC: A group of explorers in Russia have found around a billion roubles in old Soviet money at an abandoned mine, […]
80% of Millennials Say They Want to Buy a Home—But Most Have Less Than $1,000 Saved
May 29th, 2017Via: CNBC: Millennials aren’t buying homes in the same numbers as previous and older generations, but it’s not because they don’t want to. The vast majority of millennials do indeed aim to buy someday, or would even like to now if they could. Unfortunately, the numbers don’t look good. New data from Apartment List shows […]
Google Now Tracks Your Credit Card Purchases and Connects Them to Its Online Profile of You
May 29th, 2017Via: MIT Technology Review: Google’s new ability to match people’s offline credit card purchases to their online lives is a stunning display of surveillance capitalism in action. The capability, which Google unveiled this week, allows the company to connect the dots between the ads that it shows its users and what they end up actually […]
Zbigniew Brzezinski Dies at 89
May 26th, 2017Via: Bloomberg: Zbigniew Brzezinski, who as national security adviser to President Jimmy Carter advocated a hard line toward the Soviet Union and helped develop the unsuccessful military mission to rescue American hostages in Iran, has died. He was 89.
How Facebook’s Tentacles Reach Further Than You Think
May 26th, 2017Via: BBC: Facebook’s collection of data makes it one of the most influential organisations in the world. Share Lab wanted to look “under the bonnet” at the tech giant’s algorithms and connections to better understand the social structure and power relations within the company. … “If Facebook were a country, it would be bigger than […]
The Trump Organization Says It’s ‘Not Practical’ to Comply With the Emoluments Clause
May 25th, 2017Via: The Atlantic: Days before taking office, Donald Trump said his company would donate all profits from foreign governments to the U.S. Treasury, part of an effort to avoid even the appearance of a conflict with the Constitution’s emoluments clause. Now, however, the Trump Organization is telling Congress that determining exactly how much of its […]
