Richest 1% on Target to Own Two-Thirds of all Wealth by 2030
By: The Guardian April 7, 2018 The world’s richest 1% are on course to control as much as two-thirds of the world’s wealth by 2030, according to a shocking analysis that has lead to a cross-party call for action. World leaders are being warned that the continued accumulation of wealth at the top […]
MIT Developed a Headset That Can Read Your Thoughts
By: Mike Peterson April 6, 2018 Researchers at the Massachusetts Institute of Technology (MIT) have developed a device that can, basically, read your mind. At least, sort of. The prototype device, dubbed AlterEgo, was developed by a team at MIT’s Media Lab. It’s a wearable headset that can actually understand and read the words you […]
Everything the left thinks it knows about inequality is wrong
By: IEA April 5, 2018 Listen to the Dear Leader Jeremy Corbyn and his fellow travellers, and one would think that economic inequality in the UK is going through the roof. “We cannot go on creating worse levels of inequality,” Corbyn said last year. Left-wing commentators such as Polly Toynbee and Will Hutton have in […]
Loneliness and Other Digital Addiction Symptoms Are Seen in Students
By: Everyday Health Date: April 4, 2018 Are smartphones making us feel bad? New research has found that compared with university students who used their phones the least, students who used their phones the most reported higher levels of isolation, loneliness, depression, and anxiety. In a survey published online last week in the journal NeuroRegulation, Erik Peper, […]
Leaked: Cambridge Analytica’s blueprint for Trump victory
By: The Guardian March 23, 2018 The blueprint for how Cambridge Analytica claimed to have won the White House for Donald Trump by using Google, Snapchat, Twitter, Facebook and YouTube is revealed for the first time in an internal company document obtained by the Guardian. The 27-page presentation was produced by the Cambridge Analytica officials […]
Big fish: The seven largest types of institutional investors
By: CFA Institute Contributor March 07, 2017 Say whatever you want about the world, but there’s never been a better time to be an end investor. Many things investment professionals fear — fee compression, automation, artificial intelligence (AI), and blockchain — benefit clients through higher account balances and lower fees. Asset owners are the largest […]
Air taxis: we have lift-off…
By: Ian Tucker March 4, 2018 Airbus Vahana Last month Airbus released a video of the first successful test flight of its electric vertical take-off and landing (eVTOL) autonomous drone. Although it only hovered in the air for 53 seconds, the fact that its eight rotors were powered entirely by electricity was a landmark for […]
The fall of ‘don’t be evil’ in tech
By: February 26, 2018 Major tech companies like Google, Twitter and Facebook are increasingly under scrutiny for their role in spreading misinformation during the 2016 election. Facebook and Google recently admitted that Kremlin-linked agents bought thousands of dollars worth of targeted ads to provoke social tensions and distort reality during the campaign. The episode is […]
A universal basic income could be a price worth paying to cut regulations
By: Ryan Bourne February 24, 2018 Suppose the government redistributed to every adult Briton a basic, unconditional income of £10,000 from tax revenues. Would aggregate employment levels a) rise, b) fall, or c) stay the same? This is the blue-sky policy question that former Labour leader Ed Miliband has been toying with. He’s not alone. […]