Lifeboat Foundation: Safeguarding Humanity
Toggle light / dark theme

Blog

Category: business

Autonomous deliveries and drones

UPS execs insist that the UPS driver is a core element to its success and the face of the company, but they have tested the use of drone deliveries for some applications including dropping essential supplies in Rwanda and demonstrating how medicine could be delivered to islands. In rural areas, where drones have open air to execute deliveries and the distance between stops makes it challenging for the drivers to be efficient, drones launched from the roofs of UPS trucks offer a solid solution to cut costs and improve service. Drones could also be deployed in UPS sorting facilities and warehouses to get items on high shelves or in remote areas.

The technology used by UPS generates a cache of data that opens up even more opportunities to become more efficient, improve the customer experience, innovate delivery solutions, and more. From optimizing the UPS network to driving operational improvements, big data and artificial intelligence are at the core of UPS’s business performance.

Read more

During Hurricane Katrina and other severe storms that have hit New Orleans, power outages, flooding and wind damage combined to cut off people from clean drinking water, food, medical care, shelter, prescriptions and other vital services.

In a year-long project, researchers at Sandia and Los Alamos national laboratories teamed up with the City of New Orleans to analyze ways to increase community resilience and improve the availability of critical lifeline services during and after severe weather.

The team used historical hurricane scenarios to model how storms cause localized flooding, disrupt the electrical system and cut off parts of the community from lifeline services. Sandia researchers then developed a tool to analyze and identify existing clusters of businesses and community resources in areas less prone to inundation—such as gas stations, grocery stores and pharmacies that could be outfitted with microgrids to boost resilience.

Read more

We were interested to learn that Juvenescence Limited, a biotech and development company involved in the development of therapies that target the aging processes, has successfully raised $50 million in a series A financing round.

Jim Mellon, the chairman of Juvenescence Limited, said, “We are delighted with the progress we have made and the faith that investors have placed in us to build a world-class company, one that we hope will lead the field in longevity science for the benefit of humanity as well as yield superb returns for our shareholders. Our company ethos is to advance the science that will add years of healthy life to every human being, and that is exactly what we are executing on at record speed.”

Juvenescence has raised $63 million from various international investors since its creation in October 2016 and is now moving forward with a number of key projects. The company is comprised of a number of industry leaders in business as well as a solid scientific team led by Dr. Declan Doogan and Dr. Annalisa Jenkins.

Read more

In a profound talk about technology and power, author and historian Yuval Noah Harari explains the important difference between fascism and nationalism — and what the consolidation of our data means for the future of democracy. Appearing as a hologram live from Tel Aviv, Harari warns that the greatest danger that now faces liberal democracy is that the revolution in information technology will make dictatorships more efficient and capable of control. “The enemies of liberal democracy hack our feelings of fear and hate and vanity, and then use these feelings to polarize and destroy,” Harari says. “It is the responsibility of all of us to get to know our weaknesses and make sure they don’t become weapons.” (Followed by a brief conversation with TED curator Chris Anderson)

Check out more TED Talks: http://www.ted.com

The TED Talks channel features the best talks and performances from the TED Conference, where the world’s leading thinkers and doers give the talk of their lives in 18 minutes (or less). Look for talks on Technology, Entertainment and Design — plus science, business, global issues, the arts and more.

Follow TED on Twitter: http://www.twitter.com/TEDTalks
Like TED on Facebook: https://www.facebook.com/TED

Read more

I love clearing the air with a single dismissive answer to a seemingly complex question. Short, dismissive retorts are definitive, but arrogant. It reminds readers that I am sometimes a smart a*ss.

Is technical analysis a reasoned approach for
investors to predict future value of an asset?

In a word, the answer is “Hell No!”. (Actually, that’s two words. Feel free to drop the adjective). Although many technical analysts earnestly believe their craft, the approach has no value and does not hold up to a fundamental (aka: facts-based) approach.

One word arrogance comes with an obligation to substantiate—and, so, let’s begin with examples of each approach.

Investment advisors often classify their approach to studying an equity, instrument or market as either a fundamental or technical. For example…

  • Fundamental research of a corporate stock entails the analysis of the founders’ backgrounds, competitors, market analysis, regulatory environment, product potential and risks, patents (age and legal challenges), track record, and long term trends affecting supply and demand.A fundamental analysis may study the current share price, but only to ascertain the price-to-earnings ratio compared to long term prospects. That is, has the market bid the stock up to a price that lacks a basis for long term returns?
    .
  • On the other hand, a technical approach tries to divine trends from recent performance—typically charting statistics and pointing to various graph traits such as resistance, double shoulders, and number of reversals. The approach is more concerned with assumptions and expectations of investor behavior—or hypotheses and superstition related to numerology—than it is with customers, products, facts and market demand.

Do you see the difference? Fundamental analysis is rooted in SWOT: Study strengths, weaknesses, opportunities, and threats. Technical analysis dismisses all of that. If technical jargon and approach sound a bit like a Gypsy fortune teller, that’s because it is exactly that! It is not rooted in revenue and market realities. Even if an analyst or advisor is earnest, the approach is complete hokum.

I have researched, invested, consulted and been an economic columnist for years. I have also made my mark in the blockchain space. But until now, I have hesitated to call out technical charts and advisors for what they are…

Have you noticed that analysts who produce technical charts make their income by working for someone? Why don’t they make a living from their incredible ability to recognize patterns and extrapolate trends? This rhetorical question has a startlingly simple answer: Every random walk appears to have patterns. The wiring of our brain guarantees that anyone can find patterns in historical data. But the constant analysis of patterns by countless investors guarantees that the next pattern will be unrelated to the last ones. That’s why short term movement is called a “random walk”. Behaviorists and neuroscientists recognize that apparent relationships of past trends can only be correlated to future patterns in the context of historical analysis (i.e. after it has occurred).

Decisions based on a technical analysis—instead of solid research into fundamentals—is the sign of an inexperienced or gullible investor. Some advisors who cite technical charts know this. Technicals have no correlation to long term appreciation, asset quality or risks. They only point to short term possibilities.

The problem with focusing on short-term movement is that you will certainly lose to insiders, lightning-fast program traders, built in arbitrage mechanisms and every unexpected good news/bad news bulletin.

If you seek to build a profit in the long run, then do your research up front, enter gradually, and hold for the long term. Of course, you should periodically reevaluate your positions and react to significant news events from trusted sources. But you should not anguish over your portfolio every day or even every month.

  • Know your objectives
  • Set realistic targets
  • Research by reading contrarians and skeptics (They help you to avoid confirmation bias)
  • Study comparables and reason through the likelihood that another technology or instrument poses a threat to the asset that interests you
  • Then, invest only what you can afford to lose and don’t second guess yourself frequently
  • Dollar-cost-average
  • Revaluate semi-annually or when meeting with direct sources of solid, fundamental information

Finally, if someone tries to dazzle you with charts of recent performance and talk of a “resistance level” or support trends, smile and nod in approval—but don’t dare fall for the Ouija board. Send them to me. I will straighten them out.

Who says so? Does the author have credentials?

I originally wrote this article for another publication. Readers challenged my credentials by pointing out that I am not a academic economist, investment broker or financial advisor. That’s true…

I am not an academic economist, but I have certainly been recognized as a practical economist. Beyond investor, and business columnist, I have been keynote speaker at global economic summits. I am on the New Money Systems Board at Lifeboat Foundation, and my career is centered around research and public presentations about money supply, government policy and blockchain based currencies. I have advised members of president Obama’s council of economic advisors and I have recently been named Top Writer in Economics by Quora.

Does all of this qualify me to make dismissive conclusions about technical analysis? That’s up to you! This Lifeboat article is an opinion. My opinion is dressed as authoritative fact, because I have been around this block many times. I know the score.

Related:

Philip Raymond co-chairs CRYPSA, hosts the Bitcoin Event and is keynote speaker at Cryptocurrency Conferences. He sits on the Lifeboat New Money Systems board. Book a presentation or consulting engagement.

A transition is happening in the satellite business. Fast-moving technology and evolving customer demands are driving operators to rethink major investments in new satellites and consider other options such as squeezing a few more years of service out of their current platforms.

Which makes this an opportune moment for the arrival of in-orbit servicing.

Sometime in early 2019, the first commercial servicing spacecraft is scheduled to launch. The Mission Extension Vehicle built by Orbital ATK on behalf of subsidiary SpaceLogistics, will the first of several such robotic craft that are poised to compete for a share of about $3 billion worth of in-orbit services that satellite operators and government agencies are projected to buy over the coming decade.

Read more

For the first time, Volkswagen experts have succeeded in simulating industrially relevant molecules using a quantum computer. This is especially important for the development of high-performance electric vehicle batteries. The experts have successfully simulated molecules such as lithium-hydrogen and carbon chains. Now they are working on more complex chemical compounds. In the long term, they want to simulate the chemical structure of a complete electric vehicle battery on a quantum computer. Their objective is to develop a “tailor-made battery”, a configurable chemical blueprint that is ready for production. Volkswagen is presenting its research work connected with quantum computing at the CEBIT technology show (Hanover, June 12–15).

Martin Hofmann, CIO of the Volkswagen Group, says: “We are focusing on the modernization of IT systems throughout the Group. The objective is to intensify the digitalization of work processes – to make them simpler, more secure and more efficient and to support new business models. This is why we are combining our core task with the introduction of specific key technologies for Volkswagen. These include the Internet of Things and artificial intelligence, as well as quantum computing.”

The objective is a “tailor-made battery”, a configurable blueprint Using newly developed algorithms, the Volkswagen experts have laid the foundation for simulating and optimizing the chemical structure of high-performance electric vehicle batteries on a quantum computer. In the long term, such a quantum algorithm could simulate the chemical composition of a battery on the basis of different criteria such as weight reduction, maximum power density or cell assembly and provide a design which could be used directly for production. This would significantly accelerate the battery development process, which has been time-consuming and resource-intensive to date.

Read more

AMD at Computex 2018 unveiled what may turn out to be one of the most exciting GPU designs in town, the world’s first 7nm GPU, which packs as much as 32GB of high-bandwidth memory.

However, that product won’t really be available for purchase anytime soon, unless you’re in the business of developing machine learning (ML) and artificial intelligence (AI) products.

Don’t Miss : Amazon’s offering a rare discount on the adapter that speeds up your Fire TV Stick or 4K Fire TV.

Read more

http://www.blogtalkradio.com/entrepreneursempower/2018/06/03/free-your-mind-with-trease-smith-guest-ira-pastor