economic impact Archive

air forceF-35 stealth fighters still have problems but production will nearly double to lock in the money

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The F-35 program is ramping up production despite continuing operational problems and bugs. Within the next couple of years, between 12 and 15 F-35 jets will be built each month, doubling the current monthly manufacturing average of between 7 to …

blockchainOverall ICOs raising more money in 2018 but the failure and scam rate is high

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The ICO market has not collapsed. There is still more money being raised by ICO’s in 2018. December 2017 ended with a new record of $1.1 billion raised, and the first quarter of 2018 with its $5 billion raised already …

blockchainBlockchain supply chain and Blockchain IoT will significantly boost global GDP by 2030

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The world currently wastes or loses trillions of dollars from inefficient management of supply chains. There is hundreds of billions lost of fraud and counterfeiting. There is bureaucracy and administration to handle accounting, auditing and administration. There are multiple computer …

californiaUS Trade problem is the ease of switching from Boeing to Airbus or European wine instead of California wine

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An all-out trade war between the US and China would seem like a problem for the USA. A batch of Boeing orders would be replaced by Airbus. US auto and iPhone sales in China would suffer a setback, and US …

economic impactQuantum Computer spending should rapidly scale towards the $300 billion per year semiconductor level

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The market for quantum computing is projected to be around $5 billion to $10 billion a year by Morgan Stanley in the next 10 years. A report by Homeland Security Research estimates that the global market for quantum computing and …

automationBain forecasts 10-15 year automation driven economic boom but many impacts from wages losses and job losses

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Bain Consulting forecasts that the coming phase of automation could eventually eliminate up to 50% of all current jobs. The job activity analysis only suggests the potential of technology to replace humans with hardware and software. It does not take …

chinaThe US out-hustled Europe, Japan and the USSR but has slowed down just as China is passing

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The US went soft over the decades in economic competition with Europe, Japan and the USSR. Europe had to rebuild itself after World War 2 and then Europe had more regulations and less willingness to rapidly change and innovate. Japan …

deathsVenezuelan oil production might drop to 1.35 million barrels per day in 2018 or even 1 million

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Barclays analysts predicts that Venezuela’s oil production will average 1.43 million barrels per day (mb/d) in 2018. This would be a decline of roughly 700,000 bpd from the 2017 average. In the second half of 2018, output averages just 1.35 …

blockchainBlockchain will make the supply chain, food distribution and energy more efficient

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Bitcoin’s underlying blockchain technology has the potential to affect every industry. Trust, inventory and reconciliation Decentralization is valuable for resolving “the cost of trust.” The world is burdened with enormous costs because people can’t trust each other. Skyscrapers are filled …

citiesAdvanced Transforming furniture

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There is much more technology in transforming furniture than the old sofa bed. There is revolving bed and shelves and telescoping tables. The cost is higher and the materials are stronger. The cost can be justified because of the high …