If India can consistently outperform China on GDP growth by 3% per year then should catch up on per capita GDP in about 40 years

HSBC and rating agency Fitch have forecast India’s gross domestic product (GDP) to grow at 8.3 per cent in 2016-17. China is likely to have GDP growth at 6.5-7.0% in 2016 and 2017. The IMF has China having per capita GDP on a purchasing power parity basis of $13993 in 2015 and India with $6167. …

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China, India and Russia have supersonic cruise missiles and are nearing hypersonic cruise missiles

The Chaoxun-1 (CX-1) is a supersonic anti-ship cruise missile (ASCM) built by a subsidiary of the China Aerospace Science and Technology Corporation (CASC), a major Chinese space and defense company. According to CASC, the CX-1 is a two-stage ASCM with a range of up to 280 km while carrying a 260-kilogram warhead. The missile also …

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Alexa ranks Nextbigfuture as the second Science news and media weblog

Alexa ranks Nextbigfuture as the second science news and media weblog. Nextbigfuture is about the ten thousandth site overall in the United States and about 50,000th worldwide per Alexa traffic ranking. Brian WangBrian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked …

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China and Russia are leaders in Illicit Financial Flows

The Illicit Financial Flows from Developing Countries: 2003-2012 report reaffirms the $1 trillion estimate of unrecorded money shifting yearly out of emerging market and developing countries. They use the World Bank Residual Method and International Monetary Fund Direction of Trade Statistics. Both are dependent on data filed by governments with these institutions. Global Financial Integrity …

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Mars Curiosity Rover measures a tenfold spike in methane which could mean life on Mars

NASA’s Mars Curiosity rover has measured a tenfold spike in methane, an organic chemical, in the atmosphere around it and detected other organic molecules in a rock-powder sample collected by the robotic laboratory’s drill. “This temporary increase in methane — sharply up and then back down — tells us there must be some relatively localized …

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Vote and comment on new logo designs for Nextbigfuture

Vote and comment on new logo designs for Nextbigfuture. Thanks for any input. Brian WangBrian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging …

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Ultra wealthy have twice as much private equity than public stocks

Almost US$13 trillion of the world’s UHNW (ultra high new worth, those with over $30 million) wealth is held in private company holdings, nearly twice the amount held in public company stakes. The combined wealth of the world’s UHNW individuals – defined as those with US$30 million and above in net assets – increased by …

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Movies where human video gamers save humanity won’t happen as Artificial Intelligence is becoming superior to humans at video games

The main point of Google DeepMind’s AI, says Hassabis, is to create computers that can “solve any problem”. “AI has huge potential to be amazing for humanity”, he mentions in the Technology Review interview. Accelerating the way we combat disease is one idea. Using trial and error, Deep Mind systems became better than humans at …

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Japan wants elder care robots instead of foreign workers

According to Transparency Market Research, the medical robotic systems market will reach $13.6bn in 2018 (from $5.5bn in 2011), with the lion’s share going to surgical robots while the rest is used for other forms of health robotics such as prosthetics, robot nurses and micro-robots that deliver pills to specific parts of the body. Japan …

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Google X reveals Project Wing its two year old drone package delivery program

[The Atlantic] For two years, Google has been working to build flying robot drone that can deliver products across a city in a minute or two. Project Wing is a secret drone program that’s been running for two years at Google X. Taken with the company’s other robotics investments, Google’s corporate posture has become even …

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Novartis is betting billions on getting true cures for cancers with major commercialization in a few years but taking 20-30 years for the medical transformation

Developments at the University of Pennsylvania point to what would rank among the great milestones in the history of mankind: a true cure for cancer. Of 22 children and 5 adults with Emily’s disease [acute lymphoblastic leukemia], ALL, 27 had a complete remission, in which cancer becomes undetectable. These were gravely ill patients out of …

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