Skip to main content

Home/ CIS Focal Issue/ Group items tagged Economies

Rss Feed Group items tagged

Maria Gurova

The Personal Blog of Zack Kanter - How Uber's Autonomous Cars Will Destroy 10 Million J... - 1 views

  • . Autonomous cars will be commonplace by 2025 and have a near monopoly by 2030
  • They will cause unprecedented job loss and a fundamental restructuring of our economy, solve large portions of our environmental problems, prevent tens of thousands of deaths per year, save millions of hours with increased productivity, and create entire new industries that we cannot even imagine from our current vantage point.
  • Morgan Stanley’s research shows that cars are driven just 4% of the time,5 which is an astonishing waste considering that the average cost of car ownership is nearly $9,000 per year.6
  • ...4 more annotations...
  • The car purchasers of the future will not be you and me – cars will be purchased and operated by ride sharing and car sharing companies.
  • , it is unlikely that major automakers like General Motors, Ford, and Toyota will survive the leap.
  • while startup automakers like Tesla will thrive on a smaller number of fleet sales to operators like Uber by offering standardized models with fewer options.
  • 884,000 people are employed in motor vehicles and parts manufacturing, and an additional 3.02 million in the dealer and maintenance network.22 Truck, bus, delivery, and taxi drivers account for nearly 6 million professional driving jobs. Virtually all of these 10 million jobs will be eliminated within 10-15 years
  •  
    an article about autonomous transportation and how disruptive they might be not only for the car and transport industry but for entire economy
Maria Gurova

Developed world plays waiting game with mobile payments - FT.com - 0 views

  • High-profile mobile money launches by Apple and Samsung may have caught the headlines
  • But it is the developments in payments systems in supposedly less developed nations in Africa and Asia that point the way to the probable future for wider mobile banking.
  • the reality remains that the mobile phone as a means of payment remains relatively niche even in developed markets.
  • ...6 more annotations...
  • But analysts anticipate a further shift as more financial services and greater interactivity are added, which is when mobile payments will become mobile banking.
  • In the UK, for example, just 1 per cent
  • the mobile phone is taking on extra roles as a place to keep money safe and move it around, as well as to acquire other financial services from trusted providers.
  • services are quickly expanding to include loan disbursement, bill payment and micro insurance.
  • In the next few years mobile banking apps will become the predominant means to access all routine banking services, from applying for a loan or overdraft increase to letting the bank know you are moving house
  • So while we are working closely with digital giants such as Apple, Samsung and Google to roll out their payment services, we’re also working with the banks to create their own payment functionality embedded within their existing hugely popular banking apps
  •  
    The article is about a shifting consumer behaviour in mobile payments and that it's not driven by developed economies with the established finical systems but rather by the emerging regions, like Africa and Asia 
Olga Bykova

The 5-Step Uber Playbook That Will Disrupt The On-Demand Economy | TechCrunch - 1 views

  • the ODE efficiently mobilizes supply chains and workforces while enabling collaboration and asset sharing. Uber harnesses the supply effortlessly because their workforce is essentially any person with a smartphone and a car. Sharing and access by phone is nothing new, but Uber was one of the first to apply it to the ODE in a massive scale.
  • One-Click Interface
  • While the one-click interface creates a compelling user experience, the optimized value chain is what makes the user stick around in the long term
  • ...1 more annotation...
  • Simplifying (the push of a button gets you a ride or lunch delivery) Speed (time reduction from order to delivery) Trust (reliable customers, reliable delivery)
  •  
    A frontrunner in the on-demand economy (ODE)
al_semenchenko

Can You Teach a Coal Miner to Code? - Backchannel - Medium - 1 views

  • As America switches from an industrial economy to a digital one, its bluest collar workers are facing the toughest challenge of their lives. Can miners really learn how to code?
  • Say what you will about the long-term environmental effects (Justice, for one, is very pro-coal) but the impact on the area’s one-source economy has been brutal.
  • The Rusty Justice seminar concludes for today. The coders swivel back to their computers, and Michael announces weekend plans to no one in particular: “Looks like I better learn C#.”
  • ...2 more annotations...
  • What they’re building in its place is all so fragile and new. Parrish is worried even about the effect of U.S. Secretary of Labor Thomas Perez coming to shake the coders’ hands, or reporters like me coming to do stories. “We just don’t want all the notoriety to give the false illusion that we developed all the skills.”
  • BitSource would like to hire a second class of coders at the beginning of the new year. He, Parrish, and Hall want to fill up their buildings, create an incubator for entrepreneurs, a makerspace for craftsmen, and, someday, if they play their cards incredibly well, a bonafide Pikeville tech scene. You know, make Bloomberg in his smart suit eat crow for once.
  •  
    Due to technoligical advensments many job will become absoulete but workers will be able to learn new professions quickly.
Ekaterina Yanovskaya

What is the future for Russia's economy? | Forum:Blog Forum:Blog | The World Economic F... - 0 views

  • Russia’s economy is at a turning point. Following a decade of spectacular growth fueled by high energy prices, the country could either use its newfound riches to finance much-needed modernization and become a driver of innovation and growth, or muddle through by continuing to rely on its large yet maturing hydrocarbon base.
  • Ranking the importance of different drivers for Russia’s economic development in terms of impact and uncertainty over the way in which they may evolve over time, the group highlighted oil and gas prices as well as economic diversification and competition as critical uncertainties (see exhibit).
asibilev

Will China really dominate? | World Finance - 0 views

  • In the case of Russia, these numbers assume that its current demographic decline is counterbalanced and gradually reversed by the effects of an Arctic windfall, and that it can maintain effective control of its Far East region.
  • Ignoring the effects of environmental change, China will be by far the largest economy, with a GDP that is 40 percent of the total for the top twenty economies. The US will be second with a GDP well under half that of China. India will be third and Brazil will be fourth.
  • Taking environmental change into account, China and the US will be neck-and-neck with 24 percent each of the GDP for the top twenty, Russia will be third, Brazil fourth and India fifth. Most of China’s catch-up will happen early, prior to 2030; before climate change really bites.
asibilev

Технологии: Петербуржец запустил Locolo: Airbnb для аренды вещей - 1 views

  • Петербуржец запустил Locolo: Airbnb для аренды вещей
  • Бывший издатель онлайн-журнала Apparat Артем Игнатьев анонсировал запуск сервиса для аренды вещей от пользователя к пользователю. Locolo обещает помочь, если вам понадобятся колонки для вечеринки, дрель на сутки или фрак на свадьбу.
  • Люди перестали хотеть обладать самими вещами, им нужна лишь их временная польза. Именно поэтому развиваются сервисы по шерингу машин, аренде квартир и прочего.
  • ...1 more annotation...
  • В нашей стране люди не до конца понимают, что не обязательно обладать вещами, а можно их брать лишь тогда, когда они тебе нужны, а тем самым можно экономить и даже зарабатывать. Поэтому мы целимся в основном на европейский и американский рынки. Там всем знакома культура sharing economy, и люди знают подобные сервисы.
evgeny lavrov

http://www.wired.com/partners/bnymellon/futureofmoney/ - 0 views

  • M-Pesa’s success has been phenomenal. Recent statistics show that fully one-quarter of the Kenyan economy flows through M-Pesa.
  • Other countries are taking a crack at a similar mobile digital currency. Vodacom
  • has launched M-Pesa in other African nations, as well as India and parts of Eastern Europe. In Latin America, Ecuador recently announced it would launch a nationwide digital currency, residing largely on people’s smartphones
  • ...6 more annotations...
  • digital currency will bring the same safety and ease of monetary transfer that the M-Pesa has to Kenyans to the roughly 40% of Ecuadoreans who don’t have access to a bank account. Plus, it offers Ecuadoreans the opportunity to start saving
  • What is increasingly evident is that the traditional role of banks is being reimagined by non-banking software and hardware companies
  • Bitcoin will increasingly enter the mainstream and challenge the traditional rails of finance along which money has moved.
  • Goods of all kinds can reach customers in places that just didn’t make financial sense in the past.
  • This leads to the increased competition for all kinds of things, especially for information-based products and services that the United States leans on for much of its economy. Digital currencies, Bitcoin in particular, will lower economic barriers.
  • It might be different kinds of loans, payroll and other small business services and specialized accounts that serve specific needs and populations.
Anna Dubinina

How robots will reshape the economy (based on U.S. example) - 0 views

  • Few doubt that our future — both immediate and long term — will be heavily impacted by robots
  • A pair of Oxford researchers recently estimated that 47 percent of the total U.S. employment is at risk of being eliminated.
  • On the other end of the spectrum, Mercedes announced it is trading out some of its production robots for human labor — the machines could not keep up with the increasing options for customization
  • ...5 more annotations...
  • robots in the workplace will likely help reverse this trend.
  • The vast majority of automation technology will not outright replace humans; instead, it will simply make their work more efficient.
  • As the global supply chain matured, market pressures drove American companies to offshore their work to other countries that offered inexpensive labor
  • This is not to say that all white-collar workers should enroll in engineering night classes, but knowing how technology works at a base level will make you better at your job 
  • Employers need to actively promote training programs that empower employees to work more effectively with new tech.
al_semenchenko

Apple Stole My Music. No, Seriously. | vellumatlanta - 0 views

  • “Wait,” I asked, “so it’s supposed to delete my personal files from my internal hard drive without asking my permission?” “Yes,” she replied.
  • through the Apple Music subscription, which I had, Apple now deletes files from its users’ computers. When I signed up for Apple Music, iTunes evaluated my massive collection of Mp3s and WAV files, scanned Apple’s database for what it considered matches, then removed the original files from my internal hard drive. REMOVED them. Deleted. If Apple Music saw a file it didn’t recognize—which came up often, since I’m a freelance composer and have many music files that I created myself—it would then download it to Apple’s database, delete it from my hard drive, and serve it back to me when I wanted to listen, just like it would with my other music files it had deleted.
  • What Apple considers a “match” often isn’t. That rare, early version of Fountains of Wayne’s “I’ll Do The Driving,” labeled as such? Still had its same label, but was instead replaced by the later-released, more widely available version of the song. The piano demo of “Sister Jack” that I downloaded directly from Spoon’s website ten years ago? Replaced with the alternate, more common demo version of the song. What this means, then, is that Apple is engineering a future in which rare, or varying, mixes and versions of songs won’t exist unless Apple decides they do.
  • ...2 more annotations...
  • I save WAV files of my own compositions rather than Mp3s. WAV files have about ten times the number of samples, so they just sound better. Since Apple Music does not support WAV files, as they stole my compositions and stored them in their servers, they also converted them to Mp3s or AACs. So not only do I need to keep paying Apple Music just to access my own files, but I have to hear an inferior version of each recording instead of the one I created.
  • iCloud Music Library is turned on automatically when you set up your Apple Music Subscription…When your Apple Music Subscription term ends, you will lose access to any songs stored in your iCloud Music Library.
Maria Gurova

The Airbnb vs. New York hearing: Lots of yelling, no decisions - 0 views

  • The City Council's Housing and Buildings Committee heard testimony Tuesday from residents, housing advocates, city officials and companies about the effects of the growing industry on the city.
  • In November 2014, about 15,300 New York City listings were entire homes or apartments representing about 59% of the available listings on the site that month, according to Slee. There were also 9,704 listings for private rooms, and 753 listings for shared rooms. The analysis also showed that 2,764 users were renting out two or more units, which opponents have cited as evidence the service is helping illegal hotels. More than 200 users were renting out five units or more
  • Airbnb is calling for "smart regulation," which it has had success with in cities including Portland, Oregon; San Jose and San Francisco, California; Amsterdam; and Paris. Airbnb collects lodging tax directly from hosts in those cities, and several local governments have passed laws that allow short-term rentals in some form.
  • ...1 more annotation...
  • Both sides agreed on seemingly only one thing: That a discussion and regulation of short-term rentals in New York City is overdue.
Maria Gurova

FuturePundit: Regulations For Offspring Genetic Engineering - 0 views

  • The prospect of genetically much altered future generations is no longer in the distant science fiction future but rather in the "some of the people reading this will live to see it on large scale" future.
  • Some more competitive governments might mandate genetic editing to put a floor on intelligence. Want a first class high tech economy? Allow no kid below 120 IQ. The first government to do that will have the highest per capita income economy in the world 50 years later if not much sooner.
  • My expectation is that differences in regulatory response to germ line genetic engineering technologies will cause the populations of the world's various countries to diverge in a variety of ways that will be immediately visibl
  •  
    in the highly delicate mater of genetic engineering that might become a reality sooner that one might expect, how would the individual governments react? And is this an internal affair that is to be handled inside the country that might get the first access to the high-end bio engineering technology. 
Vladimir Antonov

China bought nearly half of the world's luxury goods last year - 0 views

  • Consumers in China spent $116.8 billion on luxury goods abroad in 2015
  • This translates to 46% of the global volume of high-end goods, which includes branded leather goods, cosmetics and electronics, according to consultants at Beijing-based Fortune Character Group, which derived these figures from the revenues of some 20,000 brands.
  • The government says that 120 million Chinese tourists — just about 1% of the population — went overseas in 2015, and contributed to 12% of global spending on their holidays.
  • ...4 more annotations...
  • Many Chinese buyers are keen to make their high-end purchases overseas because luxury goods imported into China are priced at a premium, in part because of high import tariffs. The China Chamber of International Commerce found last year that high-end goods were priced at up to 68% higher in China compared to prices in the U.S. and Europe.
  • This has resulted in many overseas brands shutting their mainland stores, such as French fashion house Louis Vuitton, which closed stores in Guangzhou, Harbin and Urumqi last year. Other luxury goods brands such as Burberry, Hermes, Armani and Prada also shut outlets in China over the past two years.
  • Some brands remain bullish on China, however. Apple, for one, has been aggressively expanding in the country in the past year, and has set a goal to have 40 stores in Greater China by mid-2016
  • Domestic retail has been growing as an economic driver for the country, as the economy faces its slowest growth rate in two decades. Consumption contributed to 66.4% of GDP in 2015, up 15.4% from 2014.
  •  
    Asian expansion overseas growth continues, also confirms global vs local trend.
Maria Gurova

Reinventing the company | The Economist - 2 views

  • Across industries, disrupters are reinventing how the business works. Less obvious, and just as important, they are also reinventing what it is to be a company.
  • The rise of big financial institutions (that hold about 70% of the value of America’s stockmarkets) has further weakened the link between the people who nominally own companies and the companies themselves.
  • The number of companies listed on America’s stock exchanges has fallen by half since 1996, partly because of consolidation, but also because talented managers would sooner stay private.
  • ...5 more annotations...
  • Astute investors like Jorge Paulo Lemann, of 3G Capital, specialise in buying public companies and running them like private ones, with lean staffing and a focus on the long term.
  • But the most interesting alternative to public companies is a new breed of high-potential startups
  • The central difference lies in ownership: whereas nobody is sure who owns public companies, startups go to great lengths to define who owns what.
  • New companies also exploit new technology, which enables them to go global without being big themselves.
  • They can incorporate online for a few hundred dollars, raise money from crowdsourcing sites such as Kickstarter, hire programmers from Upwork, rent computer-processing power from Amazon, find manufacturers on Alibaba, arrange payments systems at Square, and immediately set about conquering the world.
  •  
    The hot and innovative private startups challenge the existing corporate structures used in the public companies. in order to attract and hold the young talent public companies must adapt new organization structures and people management approaches. can private business change the notion of what is a corporation or are they simply not influential enough?
Maria Gurova

Meanwhile in the Future: Everybody Is Reviewed in a Reputation Database - 2 views

  • Recently, an app called Peeple got a whole lot of attention for trying to be the Yelp for Humans
  • But what would it be like if we lived in a world where everything you do is subject to a rating doled out by a combination of machines and other people?
  • Michael Fertik, the founder of Reputation.com and the author of the book The Reputation Economy, talks on the episode about all the ways that brands and companies are already compiling your information into a profile that helps them make decisions about you. Linkedin, AirBnB, Uber, they’re all gathering what Fertik calls your “digital exhaust” to learn more about you
  • ...4 more annotations...
  • So what makes Peeple different from say AirBnB where you rate your tenants? Jeff Hancock, a professor of communications at Standford, says it comes down to turning your interpersonal relationships into transactions.
  • But in 15 or 20 years, all those reputation systems might be combined. And they might totally dictate your life: what jobs you get, what insurance you’re offered, who you date, where you live
  • Fertik predicts that in just five years, companies won’t post jobs, but rather plug in their desires into a database to find the right person. Jobs will come to you, he says. But part of that selection process will probably include parameters outside someone’s direct qualifications
  • If financial success, personal success, housing, food options, all that is tied into this reputation system, the people who have the understanding and the money to make that reputation system work for them will succeed
al_semenchenko

RuTracker запустил бота в Telegram - FURFUR - FURFUR - 0 views

  • Бот поддерживает функцию поиска по раздачам и может сортировать по сидам, личам, размеру раздачи, дате регистрации и количеству скачиваний.
  • чуть больше двух недель назад бота в мессенджере запустила «Флибуста». Он бесплатно распространяет книги, в том числе и те, за которые онлайн-библиотеку забанили на территории страны.
  • Правообладатели уже пригрозили заблокировать мессенджер, если администрация Telegram не удалит бота.
alexbelov

Stae wants to prepare cities for the future | TechCrunch - 0 views

  • innovation is coming from private companies. These companies are starting to have better insights about how a city works compared to local governments.
  • Cities should be collecting all the data these companies are generating — Airbnb, Uber, drone delivery, Google self-driving cars. You can run analytics and look at the efficiency of the city
  • The startup is building a platform so that all the companies can send their data to this platform using an API approach.
  • ...2 more annotations...
  • Stae is starting with a compliance and payment platform for the sharing economy. Stae wants to create an API that would let Airbnb seamlessly pay (for example) $.75 to the city for a one night stay
  • Boston is the first partner city to test the platform.
  •  
    A NY startup is trying to build a platform that would collect data generated by a city to make the city smarter. The accumulated information will be used for making management decisions data-driven. They will start with providing payment platform to collect local taxes from cervices like Airbnb and Uber. The first city to take part in this experiment is Boston.
al_semenchenko

Hardly Pocket Change: Mobile Gamers Spend An Average Of $87 Dollars On In-app Purchases... - 1 views

  • Slice Intelligence just revealed that people who bought products in mobile video games last year spent an average of $87 dollars on their “free-to-play” games. This redefines how we view hardcore gamers: people who purchase games for traditional consoles and PCs spend only $5 dollars more on average on their gaming entertainment.
  • The mobile game with the largest average in-app spend is Game of War, where players spend, on average, $550
1 - 20 of 76 Next › Last »
Showing 20 items per page