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But still there are many areas such as carpenter, electrician e.t.c where remote work is not possible.

As jarring as the transition to remote work was during the coronavirus pandemic, it was modest compared to what’s coming next, says Adam Ozimek, a labor economist at the freelancing platform Upwork. He argues that the next phase of remote work will transform economies, as more companies revise their policies to accommodate employees who have permanently shifted to working remotely, and more workers move to places they’ve always wanted to live but couldn’t.

The views expressed in this article are those of the author alone and not the World Economic Forum.

Continue reading “The next phase of remote work will be even more disruptive” »

A new smart type of food packaging promises to eliminate food poisoning by killing harmful bacteria.

According to scientists, the packaging destroys hazardous bacteria like E.coli, Salmonella, and Listeria, allowing meat, fish, fruit, and vegetables to last longer.

“Food safety and waste have become a major societal challenge of our times with immense public health and economic impact which compromises food security. One of the most efficient ways to enhance food safety and reduce spoilage and waste is to develop efficient, biodegradable non-toxic food packaging materials,” Philip Demokritou of Harvard Chan School, who co-led the work, said in a statement.

Advocating enhanced international action on human rights of older persons — dr. claudia mahler, IE, united nations human rights, UNHCR.

The United Nations Human Rights Council (UNHRC — https://www.ohchr.org/en/hrbodies/hrc/pages/aboutcouncil.aspx) is a United Nations (https://www.un.org/en/) body whose mission is to promote and protect human rights around the world.

Continue reading “Dr. Claudia Mahler — IE, Human Rights Of Older Persons — United Nations Human Rights Council (UNHRC)” »

How to check the trends of Supercomputing Progress, and how this is as close to a pure indicator of technological progress rates as one can find. The recent flattening of this trend has revealed a flattening in all technological and economic progress relative to long-term trendlines.

Top500.org chart : https://top500.org/statistics/perfdevel/

Continue reading “Supercomputing! The Purest Indicator of Structural Technological and Economic Progress (1H 2022)” »

In 1987, at the beginning of the IT-driven technological revolution, the Nobel-Prize-winning economist Robert famously quipped that “you can see the computer age everywhere but in the productivity statistics.”

More than 30 years later, another technological revolution seems imminent. In what is called “the Fourth Industrial revolution,” attention is devoted to automation and robots. Many have argued that robots may significantly transform corporations, leading to massive worker displacement and a significant increase in firms’ capital intensity. Yet, despite these omnipresent predictions, it is hard to find robots not only in aggregate productivity statistics but also anywhere else.

While investment in robots has increased significantly in recent years, it remains a small share of total investment. The use of robots is almost zero in industries other than manufacturing, and even within manufacturing, robotization is very low for all but a few poster-child industries, such as automotive. For example, in the manufacturing sector, robots account for around 2.1% of total capital expenditures. For the economy as a whole, robots account for about 0.3% of total investment in equipment. Moreover, recent increases in sales of robotics are driven mostly by China and other developing nations as they play catch up in manufacturing, rather than by increasing robotization in developed countries. These low levels of robotization cast doubt on doomsday projections in which robots will cut demand for human employees.

Continue reading “The Robots Are Not Coming” »

Real-estate transactions in the metaverse are reaching record highs. We spoke with companies investing in digital real estate to understand the economic model, and why investors are spending millions on virtual property. Photo: Republic Realm.

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Continue reading “Investors Buy Up Metaverse Real Estate in Virtual Land Boom | WSJ” »

This article was contributed by Valerias Bangert, strategy and innovation consultant, founder of three media outlets, and published author.

AI job automation: The debate

The debate around whether AI will automate jobs away is heating up. AI critics claim that these statistical models lack the creativity and intuition of human workers and that they are thus doomed to specific, repetitive tasks. However, this pessimism fundamentally underestimates the power of AI. While AI job automation has already replaced around 400,000 factory jobs in the U.S. from 1990 to 2007, with another 2 million on the way, AI today is automating the economy in a much more subtle way.

Virginia mom April Stringfield is now the owner of Habitat for Humanity’s first 3D-printed home — built in record time, thanks to new construction tech.

The massive time and money savings from 3D printing means the nonprofit is very likely to print more in the future.

Continue reading “3D-printed home cuts construction time from 4 weeks to 28 hours, says Habitat for Humanity” »

We’re moving past the bottleneck of available space launches.

The bottleneck nature of space launches is beginning to change.

Continue reading “A New Wave of Space Companies Is Coming. Can It Help Life on Earth?” »