“Nobody likes taxes. So it’s a brave move by Justin Trudeau, Canada’s prime minister, to announce that the entire country must pay if it continues to burn fossil fuels.”
Category: economics
Nice POV read.
We know that emerging innovations within cutting-edge science and technology (S&T) areas carry the potential to revolutionize governmental structures, economies, and life as we know it. Yet, others have argued that such technologies could yield doomsday scenarios and that military applications of such technologies have even greater potential than nuclear weapons to radically change the balance of power. These S&T areas include robotics and autonomous unmanned system; artificial intelligence; biotechnology, including synthetic and systems biology; the cognitive neurosciences; nanotechnology, including stealth meta-materials; additive manufacturing (aka 3D printing); and the intersection of each with information and computing technologies, i.e., cyber-everything. These concepts and the underlying strategic importance were articulated at the multi-national level in NATO’s May 2010 New Strategic Concept paper: “Less predictable is the possibility that research breakthroughs will transform the technological battlefield … The most destructive periods of history tend to be those when the means of aggression have gained the upper hand in the art of waging war.”
As new and unpredicted technologies are emerging at a seemingly unprecedented pace globally, communication of those new discoveries is occurring faster than ever, meaning that the unique ownership of a new technology is no longer a sufficient position, if not impossible. They’re becoming cheaper and more readily available. In today’s world, recognition of the potential applications of a technology and a sense of purpose in exploiting it are far more important than simply having access to it.
While the suggestions like those that nanotechnology will enable a new class of weapons that will alter the geopolitical landscape remain unrealized, a number of unresolved security puzzles underlying emerging technologies have implications for international security, defense policy, deterrence, governance, and arms control regimes.
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Random numbers have become important in daily life, given how they are at the heart of e-commerce and secure communications and also form the basis of statistical methods of solving problems in engineering and economics. And yet, truly random numbers are difficult to generate. A series of seemingly random numbers can still show patterns, and this can lead to frauds in e-commerce or errors in computations. Carlos Abellani, Waldimar Amaya, David Domenech, Pascual Munoz, Jose Capmany, Stefano Longhi, Morgan W Michell and Valerio Pruneri from the Institutes of Science and Technology and the Institute of Research and Advanced Studies at Barcelona, Polytechnic University and the firm, VLC Photonica, at Valencia and the Institute of Photonics and Nanotechnology at Milan, describe in the Optical Society’s journal, Optica, a method of using quantum effects to generate truly random numbers with the help of a miniature device that can be embedded in a mobile phone. The operative quality of random numbers is that those in a series cannot be predicted from the preceding ones, nor even any of the digits that appear in them.
Once a random number has been exchanged by a pair of correspondents, they can base a code on this number and keep their exchanges confidential. Devices like computers, which handle e-commerce transactions, thus routinely generate hundreds of large random numbers. The numbers generated by a complex formula are based on a “seed” number to get started, and do pass many statistical tests of randomness. The numbers, however, are not truly random and if a third party should guess the “seed” that was used, he/she could work out the numbers and impersonate others in transactions. Real random numbers are created not by a formula but by physical processes, like the last digits of the number of grains in a handful of sand, the throw of honest dice or even the last digit of the daily stock market index.
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China has its sights to be the World’s SV.
Editor’s Note:
The New York Times business bestseller Start-Up Nation: The Story of Israel’s Economic Miracle which explores the roots of Israeli innovation has garnered global attention and won its co-authors Dan Senor and Saul Singer worldwide fame overnight. In a recent interview with Global Times reporter Zhang Ni (GT) in Beijing, Singer (S), who served as an adviser to the US House Foreign Affairs Committee before moving to Israel in 1994, said he believes China is more innovative than people think. He suggested that China is ahead of the US in some aspects, as Facebook is now trying to copy China’s WeChat.
GT: Do you think China is a start-up nation? Do you think China is an innovative country?
S: The process that happened first in the US and then in Israel is happening now in a very big way in China. Entrepreneurship is growing rapidly in China. There are probably thousands of start-ups already. In addition to this natural growth, the Chinese government is strongly encouraging people. Entrepreneurship is very risky and difficult. When you have encouragement from the government, it makes things easier. China is already producing some very innovative companies as well as a lot of start-ups. This process has moved fast in the past five years and is going to move tremendously as well in the next five. I think China is much more innovative than people think. They just don’t realize how innovative Tencent, Huawei and Xiaomi or many start-ups are.
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“The biggest challenges facing the rich world today are persistent unemployment, widening income inequality, and accelerating climate change. … In Reinventing Prosperity, Graeme Maxton and Jorgen Randers take a radically different approach and offer thirteen politically feasible proposals to improve our world.”
Hmmm; China stepping up their game on global governance.
Premier Li embarked on a very significant tour on the 18th of September. The tour comprises of visits to New York to attend the 71st session of the United Nations General Assembly and pay official visits to Canada and Cuba upon the invitations from the respective countries.
The 71st session of the UN General Assembly will be an important one. Every session of the UN General Assembly is an historic moment, but among other things the 71st session will be the last one attended by US President Barack Obama and UN Secretary-General Ban Ki-moon, as both are about to leave office. Thus, along with discussions of global matters, the assembled leaders will also bid farewell to two of the most famous and powerful leaders among them.
The UN General Assembly session is usually the biggest multilateral event of the calendar year, with most of the top world leaders in attendance. It makes it a perfect opportunity for leaders to meet each other on the side-lines to discuss matters and touch base on past, present and future agreements and understandings between countries. Being the Premier of the second largest economy in the world, Premier Li will most definitely have a very hectic few days in New York meeting his counterparts from other countries and streamlining and strengthening communications with them while attending various engagements at the UN headquarters. At the General Assembly session during the general debates, the premier will sketch out China’s stance on global governance and international order in front of other global leaders and he will highlight measures for coping with global challenges.
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No surprise at all. My 13 year old nephew wants to be the next Steve Jobs. Along with learning Quantum & Biology, I will need to suggest that he should focus on China as a possible future.
China’s provincial city of Hangzhou is buzzing with tech activity, with officials aiming to open thousands of tech enterprises by the end of the decade. As Tara Joseph reports, the city is brimming with tech office parks and tech products, though truly innovative concepts are still missing.
They’re calling it Asia’s Silicon Valley In the city of Hangzhou about 100 miles south of Shanghai… you can order your dinner on your phone without a waitress… Or pay for a haircut with a quick swipe. …everyday signs of the start-ups that officials hope can one day drive the economy. (SOUNDBITE) (English) TARA JOSEPH, REUTERS CORRESPONDENT, SAYING: “Here its easy to run into people talking about building a new app — or planning a new tech venture — and every where you go in this city there are new office parks sprouting called tech zones and massive office blocks going up. The scale is absolutely mind boggling.” Hangzhou’s officials have a plan to open a thousand high tech enterprises… employing three HUNDRED thousand people by the end of the decade. It started here with tech giant Alibaba — now a multi-billion dollar company listed in New York led by rock star CEO Jack Ma. In its wake, a new wave of entrepreneurs have emerged — like Li Hongwei.
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Moscow, Sep 11 (IANS) The announcement of the Russia-US ceasefire deal for Syria, paving the way for new negotiations on the latter’s future, comes ahead of a major global conference here next week under the auspices of the International Association of Science Parks and Areas of Innovation (IASP).
The Spain-headquartered IASP is the largest worldwide network of science parks and areas of innovation, uniting technology parks, business incubators and institutions, and it has a Special Consultative Status with the United Nations Economic and Social Council (ECOSOC).
Its mandate is to contribute to global economic development through innovation, entrepreneurship, and the transfer of knowledge and technology.
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Saudi’s new friend.
Once termed by Napoleon Bonaparte as the “sleeping giant,” China has now woken up and is living up to his prophecy: “The giant sleeps, and let it, for should it wake the world will shake.” China has now woken up and is shaking the world.
For 500 years China did little. While it was rich in resources it was plundered by the European powers. After the Maoist revolution, it began a process of unification and then focused on production. Many experiments were made including the ill-fated “cultural revolution.” But the Chinese determination for achieving parity on a world scale paid off. In the initial growing process, they were described as the “yellow pencil” and what not, but they persevered. And it was American President Richard Nixon who had to go to China in 1972 to meet Chairman Mao Zedong and establish relations that admitted China to the world stage.
Saudi Arabia established diplomatic relations with China in 1990 and from that day onward, economic relations were being cemented. China became an important oil importer. However, the significance of this relation zoomed every year with the Chinese’s capacity to excel in business and industry.
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