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Disruptive Innovation: Why AI Will Spark Exponential Economic Growth

ByBizMan

 The innovation and investment guru Cathy Wood gave a TED talk in December 2023 about 5 pivotal innovation platforms that will (continue) to change the world as we know it. Her group expects to see exponential sustained growth that is fueled by the productivity gains in these areas, especially where they converge. The 5 platforms (AI, Robotics, Energy Storage, DNA sequencing, and blockchain) are described below, with AI in the center. One example she uses…

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Misery Index (and Pain Index)

ByBizMan

The Misery Index hasn’t been talked about much since the 1970s when unemployment was really high and inflation was double digit. The argument is that high unemployment is painful, and high inflation is painful, so when you add the two together you get a good measure of the misery throughout the economy. Both presidents Ford and Carter had average Misery indexes of 16, but Carter when out of office in 1980 leaving a Misery Index…

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Cool Motor that Runs on Air

ByBizMan

A lot like a perpetual motor: no fool’n. As a kid, college really, I was intrigued about the idea of a “perpetual” motor. A motor that ran forever. My idea seemed like it should work, but I had a hard time getting someone to explain why it wouldn’t. My idea was based on the flywheel of the single engine Briggs & Stratton where a magnet on the flywheel creates the spark for the ignition on…

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FinTech unicorns are taking out some BIG bank Donkeys

ByBizMan

Here’s a great InfoGraphic about the FinTech market and the unicorns ($2B startups) that are hanging out, and disrupting, in the Financial space.Natania K brought it up on LinkedIn: Our Global Startup Heat Map showcases 4 top asset management solutions, ready to impact the energy industry: http://bit.ly/2L2FlfE I love this “Innovation Map” and the unicorns are proof positive that the addressable market of some of the slices of new Fin Services are addressable and viable…

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XGame Innovation in Carbon Capture

ByBizMan

Look at the great innovations up in Canada in the CCS xGames. Checkout the blog at SustainZine related to this very cool competition: http://sustainzine.blogspot.com/2017/01/co2-xgame-winners-in-canada-losers-in.htmlHere’s some info on this big competition in Canada: CBC News discusses competition sponsored by Canada’s Oil Sands Innovation Alliance and U.S. company NRG. Normally you think of Carbon Capture & Sequester as a dead cost. Take carbon dioxide out of the atmosphere (maybe at a smoke stack where it is highly concentrated, and pump…

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Olivier Scalabre: The next manufacturing revolution is here | TED Talk | TED.com

ByBizMan

Olivier Scalabre: The next manufacturing revolution is here | TED Talk | TED.com: Yes. It is here. The next generation of manufacturing.This is an absolutely spot on TED talk related to the world of manufacturing. Everyone in the USA wines and complains about the flight of manufacturing from the USA. We don’t make anything any more. That’s not really true. We still make a lot of stuff, but the percentage of the workforce that makes…