Now Sweeney, 50, is embarking on the biggest battle in his company’s 30-year history: Epic is suing Apple and Google in a legal challenge that could remake the future of the digital economy.
Over the course of his career Tim Sweeney has been unafraid to take on tech industry giants.
A major skills shortage in quantum computing could harm the UK economy unless universities recruit more students.
That’s not to say Taiwan is the only player in the semiconductor supply chain. The U.S. still holds dominant positions, notably in chip design and electronic software tools; ASML Holding NV of the Netherlands has a monopoly on the machines needed to fabricate the best chips; Japan is a key supplier of equipment, chemicals and wafers.
U.S., European and Japanese automakers are lobbying their governments for help, with Taiwan and TSMC being asked to step in. Chancellor Angela Merkel and President Emmanuel Macron discussed the potential for shortages last year and agreed on the need to accelerate Europe’s push to develop its own chip industry, according to a French official with knowledge of the matter.
The auto industry’s pleas illustrate how TSMC’s chip-making skills have handed Taiwan political and economic leverage in a world where technology is being enlisted in the great power rivalry between the U.S. and China — a standoff unlikely to ease under the administration of Joe Biden.
Taiwan’s grip on the semiconductor business — despite being under constant threat of invasion by Beijing — also represents a choke point in the global supply chain that’s giving new urgency to plans from Tokyo to Washington and Beijing to increase self-reliance.
Hyosung Chairman Hyun-Joon Cho has begun to activate the hydrogen economy by preparing to construct the world’s largest liquid hydrogen factory following a large-scale investment in carbon fiber last year.
Hyosung joined hands with the Linde Group, a global chemical company specializing in industrial gas, to establish a value chain encompassing the production and transportation of liquid hydrogen and installation and operation of charging stations by investing KRW 300 billion in all by 2022. For this purpose, an MOU was signed by Hyosung Chairman Hyun-Joon Cho and Linde Korea Chairman Baek-Seok Seong on April 28 at the head office of Hyosung in Mapo, Seoul.
To expand charging infrastructure by constructing a liquid hydrogen factory with annual production capacity of 13000 tons in Yongyeon by 2022.
In the coming Age of Superintelligence [and automation] everyone should be entitled to social dividend, “free” money such as UBI, just for being alive. We should not forget that the wealthiest of us would not be as fortunate without civilization. Otherwise, Jeff Bezos would have to forage for food in the Amazon jungle all by himself. Being a human today is more than enough of a fair contribution to receive free money from the government. Going forward we’ll see more and more prominent voices vouching for UBI.
#HybridEconomy #UniversalBasicIncome #UBI #BasicIncome #SocialDividend #TaxWallStreet #WealthTax #InheritanceTax
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TODAY AT 7:05 AM
Earthling University (A planetary Network of Scholars)
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What do you think Eric Klien.
A universal basic income worth about one-fifth of workers’ median wages did not reduce the amount of effort employees put into their work, according to an experiment conducted by Spanish economists, a sign that the policy initiative could help mitigate inequalities and the impact of automation.
Providing workers with a universal basic income did not reduce the amount of effort they put into their work, according to an experiment conducted by Spanish economists, a sign that the policy initiative could help mitigate inequalities and debunking a common criticism of the proposal.
Examining a universal basic income worth about one-fifth of workers’ median wages, the researchers also found that the threat of being replaced by robots did not impact workers’ productivity, nor did a tax on firms when they replace a worker with a robot or automated process, though the latter successfully created a disincentive for managers.
Puts into perspective the cycles and forces that have driven the successes and failures of all the world’s major countries throughout history. Dalio reveals the timeless and universal dynamics that were behind these shifts, while also offering practical principles for policymakers, business leaders, investors, and others operating in this environment.
From the #1 New York Times bestselling author of Principles and legendary investor Ray Dalio, who has spent half a century studying global markets, The Changing World Order examines history’s most turbulent economic and political periods to reveal why the times ahead will likely be radically different from those we’ve experienced in our lifetimes.
Wow…even I was amazed by these stats and timeline… and I am an unapologetic optimist and futurist who wants to live forever lol.
This video is a synopsis of our research report “Rethinking Energy 2020–2030: 100% Solar, Wind, and Batteries is Just the Beginning” that was published on October 27th, 2020 and is available for download free of charge from our RethinkX website https://www.rethinkx.com/energy.
We are on the cusp of the fastest, deepest, most profound disruption of the energy sector in over a century. Like most disruptions, this one is being driven by the convergence of several key technologies whose costs and capabilities have been improving on consistent and predictable trajectories – namely, solar photovoltaic power, wind power, and lithium-ion battery energy storage.
