Lifeboat Foundation

Core inflation remains elevated in advanced economies, with economists calling for tighter monetary policies in order to improve price and financial stability for sustained economic growth. With inflation only slowly moving towards sustainable targets, investors can leverage insights into teen spending patterns, behaviors, and advancements in technology to identify broader economic and market trends.

In a recent Piper Sandler Taking Stock With Teens survey that analyzed discretionary spending patterns, fashion trends, technology, and brand and media preferences, inflation was determined to be the number two social concern among teens, pointing to initial signs of a slowdown in teen spending.

“Inflation reached its highest mindshare in terms of political and social issues, right behind the environment,” said Edward Yruma, senior research analyst.

The world’s massive human population is leveling off.

Most projections show we’ll hit peak humanity in the 21st century, as people choose to have smaller families and women gain power over their own reproduction. This is great news for the future of our species.

And yet alarms are sounding. While environmentalists have long warned of a planet with too many people, now some economists are warning of a future with too few. For example, economist Dean Spears from the University of Texas has written that an “unprecedented decline” in population will lead to a bleak future of slower economic growth and less innovation.

When working at the Millenium Project, a global think tank that publishes reports surrounding global problems, I decided to improve the way reports were presented by ranking the actions provided by the organization to adress the problem. I focused on the 23 actions in global challenge 7 (Rich-poor gap) and created a system focusing on two aspects: feasibility and impact.

Assigning scores from 1–10 for each of these aspects made sense as an action needs to be both implemented and impactful for it to adress the problem. By researching to assign these scores and multiplying them, I could get an overall idea of where an action would compare to another one. Below is a graph summarizing my results, followed by the details behind each ranking.

1. Make higher education more easily available to all.

Feasibility: 7

Rates of higher education have doubled worldwide 19 to 38 percent over the last two decades, indicating that increased access is very possible. Although the process of making education truly available will take decades, governments clearly recognize the need for it and are taking steps towards achieving it, with education becoming a larger percent of GDP for most countries.

Impact: 8

Higher education has been known to increase earnings significantly, thereby reducing poverty. Additionally, education has been known to have various benefits towards poverty like reducing food insecurity and standards of health.

As we plunge head-on into the game-changing dynamic of general artificial intelligence, observers are weighing in on just how huge an impact it will have on global societies. Will it drive explosive economic growth as some economists project, or are such claims unrealistically optimistic?

Few question the potential for change that AI presents. But in a world of litigation, privacy concerns and ethical boundaries, will AI be able to thrive?

Two researchers from Epoch, a research group evaluating the progression of artificial intelligence and its potential impacts, decided to explore arguments for and against the likelihood that innovation ushered in by AI will lead to explosive growth comparable to the Industrial Revolution of the 18th and 19th centuries.

The 2 SOPS or 2nd Space Operations Squadron commander, Lt Col Robert Wray… More.

Of all the missions the Space Force performs daily for a grateful nation, there is none more ubiquitous and essential than GPS. Today’s soldiers and sailors depend on reliable, accurate, and secure GPS as much as they do any weapon they employ. Meanwhile, the rest of the world is just as dependent on GPS to enable basic mobility and underpins every other sector of the modern global economy. The criticality of secure global navigation and timing to both warfighting and the national economy makes it unique – we simply could not go a day without space. In so few words, GPS’ future is ground zero for the new space race.

The 2 SOPS or 2^nd Space Operations Squadron commander, Lt Col Robert Wray reminds me that “14 of the 16 critical infrastructures designated by the Department of Homeland Security rely on 24/7 GPS to operate for the country.” But the newest GPS satellites in use today are the same school bus sized ones Gen. Hyten has lamented are, “juicy targets” for our adversaries – marvels of modern engineering, yes, but no longer sufficient to meet modern needs.

Continue reading “A Day Without Space: GPS Is Ground Zero For The New Space Race” »

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And that is just health care. In 1940, there were 42 workers per beneficiary of Social Security. Today, there are only 2.8 workers per beneficiary, and that number is getting smaller. We are going broke, and the young men who will play a huge role in determining our nation’s future are going there with AI girlfriends in their pockets.

While the concept of an AI girlfriend may seem like a joke, it really isn’t that funny. It is enabling a generation of lonely men to stay lonely and childless, which will have devastating effects on the U.S. economy in less than a decade.

Tesla is reportedly increasing the orders for its Dojo D1 supercomputer chips. The D1 is a custom Tesla application-specific integrated circuit (ASIC) that’s designed for the Dojo supercomputer, and it is reportedly ordered from Taiwan Semiconductor Manufacturing Company (TSMC).

Citing a source reportedly familiar with the matter, Taiwanese publication Economic Daily noted that Tesla will be doubling its Dojo D1 chip to 10,000 units for the coming year. Considering the Dojo supercomputer’s scalability, expectations are high that the volume of D1 chip orders from TSMC will continue to increase until 2025.

Dojo, after all, is expected to be used by Tesla for the training of its driver-assist systems and self-driving AI models. With the rollout of projects like FSD, the dedicated robotaxi, and Optimus, Dojo’s contributions to the company’s operations would likely be more substantial.

Computer performance is measured in FLOPS, or floating-point operations per second. The first supercomputer, which was developed in 1964, could run 3,000,000 FLOPS, i.e., 3 megaFLOPS. Exa means 18 zeros, meaning 1,000,000,000,000,000,000 FLOPS. An exascale computer can perform that many operations — something that is almost impossible to imagine.

Now, there is a huge advantage to commanding that kind of computing power in today’s world. Here is what the same McKinsey report says: “Exascale computing could allow scientists to solve problems that have until now been impossible. With exascale, exponential increases in memory, storage, and compute power may drive breakthroughs in several industries: energy production, storage, transmission, materials science, heavy industry, chemical design, AI and machine learning, cancer research and treatment, earthquake risk assessment, and many more.”

Put simply, China now may have the computing power at its disposal to match, or even overtake, technology leaders like the United States in several areas that could be key to becoming the dominant economic and military power in the world. China could also pair its advances in artificial intelligence with this mind-boggling computering power and achieve technological and military dominance quite quickly.