predictions Archive

artificial intelligenceAI projects are on pace to take over most of the world’s computing resources around 2025

OpenAI has determined that the computing used in Artificial Intelligence projects has doubled every 3 months since 2012. This has been an increase of 300,000 times since 2012 versus 12 times if it was following a Moore’s law doubling every …

citiesChina’s Casino City Macau will have highest per capita GDP in 2020

The IMF’s World Economic Outlook Update predicts Macau will behave the world’s highest per capita GDP of US$143,116 in 2020. Qatar will be second with US$139,151. Qatar has a population of 2.5 million. Macau has a population of 650,000. Macau …

bitcoinExchange Traded Funds Explained and Advantages When Cryptocurrency ETFs are approved

Exchange traded funds can be traded like stocks but they can track any index or type of financial assets. They can track commodities or a basket of stocks or bonds. There are several groups trying to create cryptocurrency ETFs. There …

bitcoinRounding up hyperbullish price predictions and the stated reasons

Bitcoin has fallen back to the mid-$7000 support level after rallying over $8000. Bitcoin had a peak in January, 2018. Various bitcoin bulls have doubled down on their price predictions. Most of the hyperbullish predictions of $25,000 to 100,000 prices …

economic impactUS composite PMI indicator consistent with annualized GDP of 3.5%

Chris Williamson, chief business economist at IHS Markit indicates the US PMI is consistent with an annualized GDP of 3.5%. A markedly improved service sector performance takes the final composite PMI reading above the flash estimate and to its highest …

economic impactUS economy looking strong for rest of 2018 and 2019 despite trade fears

Friday’s economic data provided evidence the U.S. economy is heading into the second half of 2018 with strong momentum. Economists are slowly ratcheting up expectations for growth through the end of the year, with widely followed measures putting the second …

futureMicrosoft wants low error topological quantum computers on its Azure cloud within 5 years

Microsoft is leading the development of topological quantum computing which it claims is far less error-prone than rival quantum computing approaches. Microsoft wants to apply 1000 low error topological quantum qubits in about five years on the Azure cloud computing …

asiaASEAN economy should be larger than European Union by 2050

With a projected annual growth rate of over 5% a year, ASEAN is forecasted to overtake the EU and Japan to become the 4th largest economy in the world by 2050, behind China, India, and the US. This growth is …

asiaASEAN economy should be larger than European Union by 2050

With a projected annual growth rate of over 5% a year, ASEAN is forecasted to overtake the EU and Japan to become the 4th largest economy in the world by 2050, behind China, India, and the US. This growth is …

iranIran’s political and economic collapse seems gradual but could it shift to sudden?

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 …