U.S. Department of Transportation said it would use the same process to consider approval of drone taxis that would carry passengers and cargo for hire as it does for approving traditional commercial air carriers. Under U.S. law, the agency must certify that any business carrying people or cargo for hire is economically “fit, willing and …
Video is much more than just a source of entertainment, it’s also a powerful medium for learning. YouTube has a wealth of resources to help people advance their careers, prepare for new jobs or grow their businesses. More than 500 million learning-related videos are viewed on the platform every day. These videos are made and …
Eight years after Iran’s Green Movement and antigovernment protests, will the current unrest in the nation have no lasting impact or is it the beginning of the end for the repressive theocracy? Abbas Milani, a Hoover research fellow has made the case that Iran could be on the brink Ernest Hemingway said ‘How did you …
Eight years after Iran’s Green Movement and antigovernment protests, will the current unrest in the nation have no lasting impact or is it the beginning of the end for the repressive theocracy? Abbas Milani, a Hoover research fellow has made the case that Iran could be on the brink Ernest Hemingway said ‘How did you …
How large are the benefits of transportation infrastructure projects, and what explains these benefits? Before 1870, India barely had railroads. It didn’t have many canals either, and only a small percentage of the population lived along the three main rivers. So when goods needed to be transported, people used steer, which could pull freight about …
Poor countries tend to have out one-tenth of the crop yield per hectare compared to the yield from rich countries. Farmers in rich countries are more productive than those in poor countries because they use better technology and infrastructure, and are subject to better government policies. If all the world’s farmers extracted the maximum potential …
In CBO’s (Congressional Budget Office) projections, the growth of real GDP exceeds the growth of real potential output over the next two years, putting upward pressure on inflation and interest rates. But during the 2020– 2026 period, a number of factors dampen economic growth: higher interest rates and prices, slower growth in federal outlays, and the …
Tesla will be expanding into the Chinese electric vehicle market since Beijing will be removing foreign ownership caps. Telsa will be welcomed according to the president of a Chinese electric vehicle start-up. “Tesla reminds me of Apple. It educated the high-end market for China, but it also spurred a lot of competitive, diverse brands like …
The loading of fuel assemblies into the core of unit 1 of the Sanmen nuclear power plant in China’s Zhejiang province began today following the issuance of a permit by the country’s nuclear regulator. The unit is later this year expected to become the first Westinghouse AP1000 to enter operation. In September 2007, Westinghouse and …
The goal of the Google Quantum AI lab is to build a quantum computer that can be used to solve real-world problems. Our strategy is to explore near-term applications using systems that are forward compatible to a large-scale universal error-corrected quantum computer. In order for a quantum processor to be able to run algorithms beyond …
Global business value derived from artificial intelligence (AI) is projected to total $1.2 trillion in 2018, an increase of 70 percent from 2017, according to Gartner, Inc. AI-derived business value is forecast to reach $3.9 trillion in 2022. The Gartner AI-derived business value forecast assesses the total business value of AI across all the enterprise …