Made by XTI Aircraft, the personal jet could change the way people travel with its ability to take off and land vertically.
The jet is equipped with three ducted fans that allow it to lift off and land vertically. That means you could stash this plane on a helipad near your house since it doesn’t need a runway.
The enabling technology for insurers to use AI is the ‘ecosystem’ of sensors known as the internet of things.
It’s a new day not very far in the future. You wake up; your wristwatch has recorded how long you’ve slept, and monitored your heartbeat and breathing. You drive to work; car sensors track your speed and braking. You pick up some breakfast on your way, paying electronically; the transaction and the calorie content of your meal are recorded.
Then you have a car accident. You phone your insurance company. Your call is answered immediately. The voice on the other end knows your name and amiably chats to you about your pet cat and how your favourite football team did on the weekend.
You’re talking to a chat-bot. The reason it “knows” so much about you is because the insurance company is using artificial intelligence to scrape information about you from social media. It knows a lot more besides, because you’ve agreed to let it monitor your personal devices in exchange for cheaper insurance premiums.
This isn’t science fiction. More than three-quarters of insurance executives believe artificial intelligence will revolutionise the industry within a few years. By 2030, according to McKinsey futurists, artificial intelligence will mean your car and life insurance premiums could change based on whether you decide to take one route or another.
An MIT study predicts when artificial intelligence will take over for humans in different occupations.
While technology develops at exponential speed, transforming how we go about our everyday tasks and extending our lives, it also offers much to worry about. In particular, many top minds think that automation will cost humans their employment, with up to 47% of all jobs gone in the next 25 years. And chances are, this number could be even higher and the massive job loss will come earlier.
So when will your job become obsolete? Researchers at the University of Oxford surveyed the world’s best artificial intelligence experts to find out when exactly machines will be better at humans in various occupations.
Researchers are exploring new means of providing power.
Researchers in China are planning a solar farm in space, an ambitious project that could deliver energy at six times the intensity of installations on Earth. The project, which made the front page of China’s Science and Technology Daily last week, would orbit in space and beam down energy to a receiver.
The station would reportedly orbit 22,000 miles above the Earth and benefit from harvesting energy without any complications from seasonal changes or atmospheric conditions, providing energy 99 percent of the time. It’s expected to weigh a staggering 1,000 tons, around 600 tons more than the International Space Station, so the researchers are exploring alternatives like using robots and 3D printers to build the construction in space. The idea is nothing new: NASA started researching the idea in the mid-1970s during the Arab oil embargo, and even devised bold concepts like the SunTower:
Top speed of the production boat while hydrofoiling will be around 20 knots, or 23 mph
Raising boats out of the water on hydrofoils makes them much more comfortable and efficient – and this French design uses electric propulsion and an automatic self-stabilizing system to give you clean, quiet and sexy water transport.
More and more security holes are appearing in cryptocurrency and smart contract platforms, and some are fundamental to the way they were built.
Early last month, the security team at Coinbase noticed something strange going on in Ethereum Classic, one of the cryptocurrencies people can buy and sell using Coinbase’s popular exchange platform. Its blockchain, the history of all its transactions, was under attack.
An attacker had somehow gained control of more than half of the network’s computing power and was using it to rewrite the transaction history. That made it possible to spend the same cryptocurrency more than once—known as “double spends.” The attacker was spotted pulling this off to the tune of $1.1 million. Coinbase claims that no currency was actually stolen from any of its accounts. But a second popular exchange, Gate.io, has admitted it wasn’t so lucky, losing around $200,000 to the attacker (who, strangely, returned half of it days later).
PriPara Kids Cafe is one of the many beauty parlors in South Korea that cater to young girls. (Jean Chung/For The Washington Post)
Last year in kindergarten, Yang Hye-ji developed her morning routine. Uniform? Check. Homework? Check.
Makeup? Definitely.
“Makeup makes me look pretty,” the 7-year-old said on her second visit to the ShuShu & Sassy beauty spa in Seoul.
She was wrapped in a child-size pink robe and wearing a bunny hairband. Her face was gently touched up with a puff. Her lips got a swipe of pink gloss.
South Korea’s cosmetics industry, known as K-beauty, has become an Asian powerhouse and global phenomenon for its rigorous step-by-step regimens.
But exacting beauty norms also put enormous pressure on South Korean women, making the country one of the world’s centers for plastic surgery. And increasingly, the beauty industry is looking at younger and younger girls.
Understanding what the next generation will bring to the workplace
Remarkably health-conscious, radically inclusive, highly entrepreneurial and competitive. These are just a few of the words used to describe Generation Z, which includes individuals born after 1995. These characteristics are important to recognize when considering Gen Z’s overall impact on the workforce, but it’s also important to consider what other traits they exhibit that could jolt an organization.
This generation is already larger in number than millennials, and therefore is truly the future of the global economy, an economy that is already at our doorstep. Is your business prepared to attract, retain, develop and engage them? What makes this population so unique, and what does this mean for your company?
As a futurist, I’m often asked about the future of jobs. It is a concern for policy-makers, employers and the general population alike. What I realized, however, is that no one cares about losing the job itself. What they are worried about is how they will make a living in a future where they have become obsolete.
And yes, the fear of artificial intelligence (AI) is real. The McKinsey Global Institute estimates AI can automate 50% of all paid tasks today. Our primitive machine learning AI can easily complete repetitive human tasks better than any human could, including recognizing speech, context, shapes, and images. These narrow AI can also complete tasks like navigating an unpredictable field of obstacles, play an instrument, analyze large amounts of unorganized data and more. In 2021, AI will safely complete repetitive tasks with random components, like driving vehicles on crowded streets better than any human driver.
The speed at which AI is improving is astounding. The smart software is improving at an exponential rate since our software engineers use older versions of AI to help them program AI software updates.
In fact, developments in AI is so impressive and there is so much money invested by major well-known multinationals right now that most AI experts expect a human-level AI to emerge before the year 2040.
What will happen to the job market between now and the year 2040?
Your health depends on many factors, such as the quality of food you eat, what you put on your body, what you breathe, what chemicals you are exposed to, how much exercise you get every day, and more. While there is a considerable amount of control that comes with each of these factors, there can also be an unfortunate lack of it — depending on where you live.
I live in the beautiful northwestern city, Boise, the capital of the state of Idaho. In the last few years, Boise has been listed as one of the fastest growing cities in the United States. But that’s not all it’s known for. The City of Trees sits in the Treasure Valley, surrounded by mountains that offer skiing excursions, thousands of hiking routes of all levels, and rivers and lakes where you can go boating, kayaking, floating, swimming, and fishing.
The food culture is incredible. Local restaurants seem to pop up everyday, many prioritizing local and ethical sourcing, some fully vegan or vegetarian, and almost all serving high-quality, delicious foods that residents will not only enjoy but will feel great after eating.
These are just a few factors that make Boise a great home for its residents, not only for entertainment and happiness, but for their health as well.
Unfortunately, not every city in the U.S. is as wholesome and thriving as Boise. Where Boise has rivers and lakes, other towns have toxic water that cannot be played in and requires extensive treatment to be drinkable. Where Boise has many opportunities for hiking, biking, and walking, other cities don’t have access to trails or safe places to do them. Where Boise has high-quality restaurants and grocery stores, other towns have food deserts and only fast food options.
Science-fiction author and futurist Arthur C. Clarke once observed that any sufficiently advanced technology is indistinguishable from magic. That certainly sums up the new Levia lamp, created by Italian designed studio Idea3Di. At first glance, the stylish lamp — which is mounted on a base made of either Carrara or Black Marquina marble — simply looks like an attractive piece of quasi-industrial chic design. Look closer, however, and the lamp’s oversized LED filament levitates below the lamp stem, creating an otherworldly effect that’s sure to wow visitors.