Never cook again when the world’s first robotic chef comes to market

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Imagine never having to cook ever again but still having the luxury of eating, fine, restaurant quality dishes, within the comfort of your own home. And no, we are not talking about a personal chef here. As early as 2018 we could all be seeing and getting our hands on the world’s first intelligent cooking robot. A little device that could save you hours slaving away over a hot stove could be yours sooner than you think!

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The Economics of IoT

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Product companies compete by building ever bigger factories to turn out ever cheaper widgets. But a very different sort of economics comes into play when those widgets start to communicate. It’s called the network effect—when each new user of a product makes its value higher. Think of the telephone a century ago. The greater the number of people who used Bell’s invention, the more valuable it became to all of them. The telephone became a platform for countless new businesses its inventor never imagined.

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Venezuelans turn to bitcoin as the bolívar crumbles

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Venezuela’s currency has lost so much of its value that people have given up on counting the notes—they just weigh piles of cash. So far this year, the bolívar has lost nearly half its value compared to the dollar, while inflation has shot up as much as 15 times. That’s according to best estimates, since official data isn’t available.

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‘Unplugged’ Tourism Is Booming Because We’re So Addicted to Our Gadgets

If a tree falls in the Amazon, but you don’t capture it on Snapchat, did it actually fall? I had the thought while hiking through the rainforest, on the third day of a digital detox that was slowly killing me. What’s the point of eating a live worm or luring a monkey onto my shoulder if I can’t post the photos to prove it?

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Electric car market is growing 10x faster than its dirty gasoline equivalent

 There will be two million electric cars on the road by the end of 2016.

Despite low oil prices, plug-in electric vehicles (EV) are charging forward worldwide, with more than 2 million expected to be on the roads by the end of 2016, according torecent market figures.

Around 312,000 plug-in electric cars were sold during the first half of 2016, according to analysts at EV Volumes — a nearly 50 percent increase over the first half of 2015.

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Amazon Reverse-Engineers the Neighborhood Grocery Store

After conquering e-commerce, Jeff Bezos is working to take over the physical world, too.

Everything old is new again. Nearly one year after announcing plans to open its first brick-and-mortar bookstore, Amazon, having conquered e-commerce, is now planning to establish a beachhead in another corner of the physical world: convenience and grocery stores. The Wall Street Journal reports that the small storefronts would be stocked with perishable grocery items like milk and produce, and would allow for curbside pickup of groceries. Customers could also possibly use their smartphones to order nonperishable goods like cereal to their homes for same-day delivery.

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For the first time, Teens are watching YouTube more often than cable TV

 

For the first time, teens are watching YouTube more often than cable TV, according to a new survey by investment bank Piper Jaffray.

On Friday, Piper Jaffray released its semi-annual survey of 10,000 teens, and it showed YouTube inching over cable in daily use. 26% of teens said they watched YouTube every day, whereas only 25% said the same of cable TV.

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Cash is on the verge of extinction in these countries

My dad, a former Wall Street trader always advised me “cash is king” and to “hold on to it” when the economy gets tough.

But in the Netherlands, cash is definitely not getting the royal treatment. In so many places, it has simply ceased to be recognised as legal tender. More and more Dutch stores, from upscale health-food store Marqt to my local baker and bagel shop, take pin — or debit — cards exclusively. Some retailers even describe going cash-free as “cleaner” or “safer”.

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The Anti-Drone Arms Race

Last week, the director of the Federal Aviation Administration reported that his department is receiving an average of 2,000 new registration requests for drones every day, and that it has registered up to some half a million drones since new rules went into effect in January. But as sales of drones have increased, so too have other more worrying numbers. The FAA also says it receives more than 100 reports per month of drones flying around airports and other forbidden places, where they could damage infrastructure or accidentally collide with the engine of a landing airplane.

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Donesurfing: A new sport takes flight

 A brand new sport has been created specifically due to new technology: Dronesurfing.

A professional cinematographic company called Freefly used a drone, the Freefly Alta 8, on a day with minimal waves to help pull their boarder across the water. While the drone does have a 20-pound maximum cargo limit, it is able to pull a person across the water (after getting a running start).

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Drone Racing: ESPN’s Newest Televised Sport

 

First there was poker. Then there was the spelling bee, Scrabble and the recent emergence of e-sports.

Now ESPN is betting that speeding drones will be the next noncontact “sport” to find a mass audience.

The Drone Racing League announced on Wednesday that it had signed deals to broadcast a 10-episode season on ESPN and ESPN2, along with the European stations Sky Sports Mix and 7Sports. The schedule begins with an introduction to drone racing on Thursday at 11 p.m. on ESPN2.

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Discover the Hidden Patterns of Tomorrow with Futurist Thomas Frey
Unlock Your Potential, Ignite Your Success.

By delving into the futuring techniques of Futurist Thomas Frey, you’ll embark on an enlightening journey.

Learn More about this exciting program.