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90% of natural disasters are flood related. Flooding will occur and people will build in areas that can and will flood so how can we change the outcomes in the future? Why not have floating homes that are anchored to their site but rise and lower with the flood with zero damage? I am about to start a new company that can manufacture those homes. If you want to know more contact me directly.


Engineers at Ruhr-Universität Bochum have developed a new statistical model that predicts how likely extreme flood events are in Germany. In contrast to earlier models, they distinguish between several types of floods with different causes, such as heavy rain, snow or spatially extended rain events with long durations. The model improves the assessment of flood risks and to plan appropriate protective measures. The team led by Professor Andreas Schumann from the Institute of Hydrology, Water Resources Management and Environmental Engineering reports on its work in the Bochum science magazine Rubin.

In their model, the hydrologists distinguish between three main types of flood, which stem from different causes: heavy , which lasts one or two days; prolonged rain over four to five days; and snow-related flooding.

In general, annual maximum values are analysed statistically without distinguishing between the different types of flooding. However, this is precisely what is required in order to estimate the likelihood of flooding under consideration of the regional conditions. Brief, localised heavy rain can, for instance, cause rivers to break their banks if their catchment is small, but for large river basins events with long durations are more relevant, which result in an overlay of flood waves from tributaries.

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When we think of robots manipulating objects, we tend to think of endless banks of robot arms in some high-tech assembly line, dancing their mechanical dance in perfect synchronization. They grab an object, turn it round a bit, and put it down again, before repeating the action with an identical object time and again. But what if a robot could look at any item, and decide how best to pick it up, and perform tasks with it, all by itself? That’s the aim of DON – a new neural network and robotic hand at MIT’s Computer Science and Artificial Intelligence Laboratory (CSAIL).

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WASHINGTON — A startup company planning to develop orbital propellant depots to assist satellite servicing ventures has raised an initial round of funding to support a first launch as soon as next year.

Orbit Fab, a Silicon Valley-based company with about a dozen employees, said Aug. 28 that a round of funding led by venture capital firm Bolt will enable it to demonstrate technology for fuel tanks that could be used by future satellite servicing systems.

“We differentiate ourselves from the satellite servicing operators in that we’re looking to put up just dumb tanks full of propellant, to provide that propellant where it’s needed, and we’re looking to partner with the satellite servicing operators to help improve their business models,” said Daniel Faber, chief executive of Orbit Fab, in an interview.

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The virtual currency markets have been through booms and busts before — and recovered to boom again. But this bust could have a more lasting impact on the technology’s adoption because of the sheer number of ordinary people who invested in digital tokens over the last year, and who are likely to associate cryptocurrencies with financial ruin for a very long time.


The number of people who bought virtual currencies more than doubled last winter. For people who got in late, the bust has been disastrous.

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“This is the dark side of technological revolutions and that dark side has always been there,” Haldane added. “That hollowing out is going to be potentially on a much greater scale in the future, when we have machines both thinking and doing — replacing both the cognitive and the technical skills of humans.”


Haldane said that the so-called Fourth Industrial Revolution — a digitally-driven paradigm shift similar to previous industrial revolutions in the West — had the potential to displace numerous jobs and leave people “technologically unemployed.”

“Each of those [industrial revolutions] had a wrenching and lengthy impact on the jobs market, on the lives and livelihoods of large swathes of society,” Haldane told the BBC.

The BOE economist cautioned that previous industrial revolutions resulted in “heightened social tensions,” “financial tensions” and “inequality.” The First Industrial Revolution, which took place during the Victorian era, transformed Britain’s economy, leading to the creation of ground-breaking industrial innovations including the steam train and advanced machine tools, all the while resulting in layoffs especially in industries like textiles.

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Doctor? Who?


New York University said Thursday that it will cover tuition for all its medical students regardless of their financial situation, a first among the nation’s major medical schools and an attempt to expand career options for graduates who won’t be saddled with six-figure debt [Editor’s note: the link may be paywalled]. From a report: School officials worry that rising tuition and soaring loan balances are pushing new doctors into high-paying fields and contributing to a shortage of researchers and primary care physicians. Medical schools nationwide have been conducting aggressive fundraising campaigns to compete for top prospects, alleviate the debt burden and give graduates more career choices. NYU raised more than $450 million of the roughly $600 million it estimates it will need to fund the tuition package in perpetuity, including $100 million from Home Depot founder Kenneth Langone and his wife, Elaine. The school will provide full-tuition scholarships for 92 first-year students — another 10 are already covered through M.D./PhD programs — as well as 350 students already partway through the M.D.-only degree program.

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