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Oil-producing nations struggling with economic woes as society shifts towards electric movement

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Oil-producing nations located in the Middle East and North Africa are struggling with their economies, most of which are not diversified enough to offset the losses caused by falls in the price of crude.

A quick check shows that the current price of a barrel of crude oil – which is about 160 litres – is just above $40, which is significantly lower than certainly Arab countries need it to be.

According to the Economist, Algeria needs the price to be about $157 a barrel, while Oman wants to get to at least $87. [Read more…] about Oil-producing nations struggling with economic woes as society shifts towards electric movement

Campaign to Stop Killer Robots sends peace envoy robot to United Nations

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The Campaign to Stop Killer Robots – an actual political and social group run mostly by humans – has sent a peace envoy robot to deliver a letter to the United Nations building in New York, in the US.

According to the Guardian newspaper, the campaign group will give UN diplomats a letter in which it is demanding that the world stops the development of autonomous war machines.

These can include, but are not limited to, technologies such as drones, tanks and other other machinery controlled by an autonomous computer which is running artificial intelligence systems that decide whether to kill people or not. [Read more…] about Campaign to Stop Killer Robots sends peace envoy robot to United Nations

Samsung moves into the vertical farming market

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Agricultural innovations are essential for feeding our ever-growing global population.

Especially these days, as industrialisation and global warming continue to negatively affect soil fertility and reduce the amount of arable land.

According to the United Nations, the world’s population is set to reach 9.8 billion by 2050.

[Read more…] about Samsung moves into the vertical farming market

US will regain top spot from China in manufacturing by 2020, says report

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The United States will regain its lead as the world’s most competitive manufacturing nation by the year 2020, according to a report by economic analyst Deloitte. 

Deloitte made its forecast after surveying the opinions of manufacturing industry executives for its 2016 Global Manufacturing Competitiveness Index.

Deloitte says “executives expect the US to assume the top position before the end of the decade”.  [Read more…] about US will regain top spot from China in manufacturing by 2020, says report

UN technology boss proclaims the end of human innovation

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United Nations CITO Atefeh Riazi. Image: New York City Housing Authority
United Nations CITO Atefeh Riazi. Image: New York City Housing Authority

United Nations Chief Technology Officer Atefeh Riazi says the end is nigh for human innovation. 

In an interview with TechRepublic, Riazi says all future innovations will be made by computers.

“The next innovations will come through artificial intelligence,” says Riazi. “It will be the AI innovating.

“We need to think about our role as technologists and we need to think about the ramifications – positive and negative – and we need to transform ourselves as innovators.”

Full story at TechRepublic