There is a discussion of humanoid robot on X. There is the observation that people are not aware of the level of robots being used in the world now. There are the industrial (large robot arms) in factories. There are the Amazon large pallet bots rolling shelves to human supply chain workers. There are few …
Figure AI, startup developing humanoid robots, is talking to Microsoft and OpenAI to raise $500 million in new funding at a valuation of over $2 billion. Figure AI just made a deal with BMW to put the humanoid robots into the car factory for pilot tests over the next 12-24 months. Figure AI has performed …
EEOC Commissioner informs Mark Cuban that his hiring practice tweets describe a violation of Title VII law. As a general rule, race/sex can’t even be a motivating factor—nor a plus factor, tie-breaker, or tipping point. It’s important employers understand the ground rules here. If the EEOC determines that employers are in violation of anti-discrimination laws, …
There are some US economists who believe that people should feel good about the US economy because of the following statistics. They are disconnected or are willfully ignoring what people are experiencing. In 2019 and 2020, 18% of those earning over $100,000 were living paycheck to paycheck. In October, 2023, according to CNBC, while three-quarters …
Astrolab’s Flexible Logistics and Exploration (FLEX) rover is built to enhance Lunar and planetary mobility. In November, 2023, Lunar rover developer Astrolab announced eight customers have signed contracts worth more than $160 million for its first mission to the moon in 2026. They signed customers to fly payloads on Mission 1, a flight of the …
New Street Research provides research on the rapidly growing AI chips and AI Industry. Their projections are for a far larger industry with more infrastructure by 2027. Elon Musk had stated that AI compute was growing by 10X every 6 months, which would be faster than the New Street Projections. New Street Resear Implications: we …
The future is almost here, and nothing is creating more interest, more disruption, more profits, and more intrigue than the AI revolution and the potential for artificial intelligence warping into general AI. Open AI, effectively now a subsidiary of Microsoft, lays out that future, and Brian Wang looks at the impact of Sam Altman’s words. …
China’s overall population fell by 2.08 million in 2023, while births declined by 5.6 per cent to 9.02 million. The population collapse is global. Over 80% of the world population is in countries with declining populations or where births have dropped below replacement. Even India and Bangladesh have dropped below replacement. Once a country drops …
China has designed the world’s first large containership with a nuclear Molten Salt reactor. The design was developed by Jiangnan Shipbuilding, a division of the Chinese state-owned China State Shipbuilding Corporation (CSSC). They reported that DNV issued an Approval in Principle (AiP) certificate for the design. Nuclear commercial ships would save a lot of on …
Hyperloop One (aka Virgin Hyperloop or Virgin Hyperloop One) was an American transportation technology company that worked to commercialize the high-speed travel concept called the Hyperloop, a variant of the vacuum train. Hyperloop One had raised $450 million to develop a hypersonic train concept. The high speed vacuum train concept was originally by Elon Musk …
The Bureau of Economic Analysis gave their PCE )Personal Consumption Expenditures (PCE) Price Index) report and it came in better than expectations. However, the financial markets had mostly been expecting a report with no inflation. The Bond and stock market are already been pricing in a Federal Reserve interest rate cut in March 2024. Inflation …