Work is broken. Can we fix it?

The Future of Work issue of the Highlight looks at the workers Americans dubbed “essential” and then largely left behind in the work revolution. Can we make work better for the nation’s crucial workforce? 

“We often begin to understand things only after they break down. This is why, in addition to being a worldwide catastrophe, the pandemic has been a large-scale philosophical experiment,” Jonathan Malesic, author of The End of Burnout: Why Work Drains Us and How to Build Better Lives, writes in this month’s issue of the Highlight. 

What has broken down, of course, is work, and what American workers, policymakers, and employers now can see plainly are the countless truths the pandemic laid bare: that productivity does not actually require an air-polluting, hourlong daily drive to a soulless downtown office building; that a fair and just society ought not put the poorest, most vulnerable Americans in danger in the name of capitalism; that the entire economy might just be held together by a rapidly dwindling sea of people — child care workers — earning roughly $13 an hour, with no benefits. 

In this month’s Future of Work issue, the Highlight and Recode teamed up to explore the precarity faced by those workers whom the Great Resignation did not offer much in the way of increased power or security. We look beyond simply what is broken about their working lives, asking policy experts and workers themselves: What could make work better? 

Continue reading… “Work is broken. Can we fix it?”

ELON MUSK’S BORING COMPANY RAISES $675M TO SCALE LOOP PROJECTS

By Rebecca Bellan

The Boring Company, Tesla CEO Elon Musk’s project to build underground highways to alleviate traffic congestion, has raised a $675 million Series C round, bringing its valuation up to $5.7 billion.

The round was led by Vy Capital and Sequoia Capital, with participation from Valor Equity Partners, Founders Fund, 8VC, Craft Ventures, and DFJ Growth. The company says it will use the funds to significantly increase hiring across engineering, operations and production in order to build and scale Loop projects and accelerate the research and development of Prufrock, the company’s next generation tunnelling machine.

In October, The Boring Company (TBC) received initial approval to build a transportation system that would shuttle passengers in Tesla vehicles via a network of tunnels under Las Vegas beyond its current 1.7 mile footprint that currently connects the Las Vegas Convention Center (LVCC) campus to a 29-mile route that would hit all the best tourist spots in the city of sin. Operation on the updated Vegas loop should commence this year, according to the company.

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Ep. 82 with eric yakes

Watch our interview with Eric Yakes on Youtube or listen on the Futurati Podcast website

Eric Yakes graduated with a double major in finance and economics from Creighton University, and 3 years later earned his CFA charter. He began his career at FTI Consulting in their Corporate Finance and Restructuring group and then moved to Lion Equity Partners, a distressed buyout private equity fund. All the while he intently followed Bitcoin, and its development eventually led him to author the book “The 7th Property: Bitcoin and the Monetary Revolution”.

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eVTOL: The flying vehicles that may be the future of transportation

A Hexa in the air

By Anderson Cooper

If you’ve ever had the fantasy of soaring over bumper-to-bumper traffic in a flying vehicle, that may be possible sooner than you think. Not with a flying car, but with a battery-powered aircraft called an eVTOL, a clunky acronym for electric vertical takeoff and landing vehicle. Dozens of companies are spending billions of dollars to make eVTOLs that will operate like air taxis – taking off and landing from what are called vertiports on the tops of buildings, parking garages or helipads in congested cities.  EVTOLs promise a faster, safer and greener mode of transportation – potentially changing the way we work and live. Sound too good to be true? We went for a joyride to find out.

If this looks like an oversized drone I’m about to take off in, that’s pretty much what it is. 

It’s a single-seat eVTOL called Hexa, powered by 18 propellers, each with its own battery. No jet fuel required. 

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American Research Team Puts New Spin On Old Technique To Produce 3D-Printed Organs

A technician checks on a 3D printer as it constructs a model human figure in the exhibition ‘3D: printing the future’ in the Science Museum on October 8, 2013 in London, England. The exhibition, which opens to the public tomorrow, features over 600 3D printed objects ranging from: replacement organs, artworks, aircraft parts and a handgun.

By Michael Leidig

The idea, however, has been beset with technical problems that have, to date, limited the type of organs that can be printed.

With too few organs to go around to satisfy the demand for transplants, scientists are now pinning their hopes on the possibility of 3D-printing technology.

In the United States alone there are an estimated 112,000 people currently waiting for urgent transplants and there is, therefore, plenty of demand for the possibility of 3D-printed organs.

The idea, however, has been beset with technical problems that have, to date, limited the type of organs that can be printed.

But researchers at the Stevens Institute of Technology, a private research university in New Jersey, are now pushing through these barriers by revamping a decades-old technique to reproduce any tissue type.

The work, led by Robert Chang, an associate professor in the mechanical engineering department at Stevens’ Schaefer School of Engineering & Science, could open up pathways for 3D printing any kind of organ at any time, even skin directly on an open wound.

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AI Speeds Precision Medicine for Parkinson’s Disease

Robotics combined with AI machine learning spots Parkinson’s disease signatures.

By Vanessa Lancaster

KEY POINTS

  • Over 10 million people worldwide live with Parkinson’s disease, including nearly a million Americans.
  • A new study uses AI deep learning that finds cellular disease signatures to help accelerate the discovery of novel therapeutics for Parkinson’s. 
  • This unique AI deep learning platform solution is not limited to Parkinson’s disease. It can be repurposed for other disease signatures.

Artificial intelligence (AI), machine learning, and robotics are accelerating precision medicine for neurodegenerative diseases and brain disorders.

A new study published in Nature Communications reveals a high-throughput screening platform using AI deep learning that finds cellular disease signatures to help accelerate the discovery of novel therapeutics for Parkinson’s disease (PD).

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Abundant “Secret Doors” on Human Proteins Could Be Game-Changer for Drug Discovery

A three-dimensional animation of the human protein PSD95-PDZ3 showing the binding partner CRIPT (yellow) in the active site with the blue-to-red color gradient indicating increasing potential for allosteric effects. Based on PDB accession 1BE9.

By CENTER FOR GENOMIC REGULATION

Identification of hidden vulnerabilities on surface of ‘undruggable’ proteins could transform treatment of disease.

The number of potential therapeutic targets on the surfaces of human proteins is much greater than previously thought, according to the findings of a new study in the journal Nature.

A ground-breaking new technique developed by researchers at the Center for Genomic Regulation (CRG) in Barcelona has revealed the existence of a multitude of previously secret doors that control protein function and which could, in theory, be targeted to dramatically change the course of conditions as varied as dementia, cancer and infectious diseases.

The method, in which tens of thousands of experiments are performed at the same time, has been used to chart the first ever map of these elusive targets, also known as allosteric sites, in two of the most common human proteins, revealing they are abundant and identifiable.Official HCP Treatment Website – Partial-Onset Seizure InfoA Therapy Option May Reduce Your Patient’s Seizures. Learn Treatment Info Now.Prescription Treatment Website

The approach could be a game-changer for drug discovery, leading to safer, smarter and more effective medicines. It enables research labs around the world to find and exploit vulnerabilities in any protein – including those previously thought ‘undruggable’.

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Pentagon wants SpaceX delivering cargo around the globe — and a live test could come next year

A SpaceX Falcon 9 rocket carrying the company’s Crew Dragon spacecraft is seen in this false color infrared exposure as it is launched on NASA’s SpaceX Demo-2 mission to the International Space Station on May 30, 2020.

By Aaron Mehta 

WASHINGTON — U.S. Transportation Command is taking the potential for cargo delivery via orbit seriously enough that it hopes to test the concept with SpaceX as soon as next year, the command’s head said Wednesday.

In what he called a “provocative thought,” Gen. Stephen Lyons said: “I’m really excited about the team that’s working with SpaceX on an opportunity, even perhaps in as early as ’21, to conduct a joint proof of principle” for space-based delivery.

The dream, Lyons told the National Defense Transportation Association, is to be able to move 80 tons of cargo — the equivalent of a C-17 transport — via a space-based vehicle anywhere on the globe within one hour.

“Think about the speed associated with that, whether a small force element or other capability,” he said. “I can tell you [SpaceX is] moving very, very rapidly in this area.”

A TRANSCOM spokesman said details of the potential “proof of principle” are being worked out with SpaceX, and it will involve “delivering cargo from one place to another through space.”

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South Australian fuel stations to begin accepting Bitcoin

Motorists will soon be able to pay for their fuel with digital currencies, thanks to a deal between Crypto.com and OTR

By Ben ZACHARIAH

A major service station chain in South Australia will soon accept cryptocurrency for fuel purchases.

According to the Adelaide newspaper The Advertiser, On The Run (OTR) – operators of 170 BP service stations across the state – will begin taking Bitcoin and other cryptocurrencies from July.

Other businesses within the OTR service stations will also make the move, meaning people will be able purchase food and drink from cafes, Subway, Oporto, and Wok In A Box using the payment method.

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90% of long-haul trucking may soon be self-driving. Are you ready to share the road with an autonomous 18-wheeler?

BY TRISTAN BOVE

Elon Musk has called them the most impactful technology on the horizon. But unions are lobbying against their widespread use, citing studies showing they may kill up to 500,000 jobs.

They are autonomous trucks, which supporters pitch as the remedy to a growing demand for shipping and for greater safety on the road. If the technology becomes good enough, the logistics industry will be radically changed, with trucks operating nearly around the clock as they crisscross the country. 

The number of companies racing to perfect automated trucking technology is long. Last year, Tesla revealed plans for its own autonomous truck called Semi, which relies on battery power and has a range of up to 500 miles. Meanwhile, Daimler, one of the world’s largest trucking companies, has announced a $573 million investment in self-driving trucks. And Aurora, another major player in the space, has gone so far as to create its own autonomous truck operating system.

Still, it will be years before drivers are completely absent from behind the wheel of 18-wheelers, experts tell Fortune. The technology must still be improved so it can reliably operate in extreme weather while officials must rewrite regulations that were originally created for human truck drivers.

As it stands, the U.S. government has opened the door to autonomous trucking—but only to a point. The U.S. Department of Transportation announced a $100 million plan for autonomous car research, including a $60 million grant for private companies. In March, Transportation Secretary Pete Buttigieg said that the government would not stand in the way of innovation, and that there would be “meaningful developments” in autonomous vehicle policy this decade.

“This is a marathon, not a sprint,” Steve Viscelli, a sociologist at the University of Pennsylvania researching automation and labor markets, told Fortune. “This is a decades-long sustained investment by the U.S. government. And so I would not bet against this technology being successful.”

Continue reading… “90% of long-haul trucking may soon be self-driving. Are you ready to share the road with an autonomous 18-wheeler?”

Ep. 80 with george selgin

Watch our interview with George Selgin on Youtube or listen on the Futurati Podcast website. 

George Selgin is a senior fellow and director emeritus of the the Center for Monetary and Financial Alternatives at the Cato Institute and professor emeritus of economics at the University of Georgia. His research covers a broad range of topics within the field of monetary economics, including monetary history, macroeconomic theory, and the history of monetary thought.

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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.