The Future This Week: July 10, 2017

“Tesla is becoming a real car company.”–Elon Musk

The stock market has considered Tesla almost more than a car company for some time now.  If you are concerned about its valuation, take a look back at Seeking Delphi™ podcast #4 on Technology Investing for The Future, and the Gartner Hype Cycle.  Whatever happens–and whatever you believe–Tesla made the first major step towards becoming a real car company this past week.  The public will vote with their wallets.  Stay tuned.

Electric Cars–Elon Musk tweeted photos of the new mass market Tesla Model 3.  Production has begun and is targeted to ramp up to 20,000 vehicles per month by the end of the year.

Tesla Model 3

Volvo announced plans to become the first premium auto make to abandon all-gasoline cars.  By 2019, all of its vehicles will be either hybrids or all-electric.

Artificial Intelligence–Wired Magazine reports that banks are increasingly resorting to artificial intelligence to detect currency transfers by terrorist organizations.  In the past, simple logic algorithms had been used to detect suspicious transactions.  But the increasing use of micro-transfers by ISIS and other groups has fueled the need for more powerful tools.

Virtual Reality–Swedish company Starbreeze is pursuing an ambitious plan to launch arcade-style virtual reality parlors.   Starbreeze is pushing ahead despite many previous retail VR disappointments by other companies.  The current venture, in partnership with Acer, will place these entertainment centers in IMAX theaters.

Global Economy–The IMF’s latest projections say China’s purchasing power parity GDP will surpass that of the US, Germany and Japan combined by 2022.  Their per capita purchasing power parity GDP will still be far down the list of countries, and GDP in total nominal dollars will still trail the U.S.

Robotics/Automation– An Australian firm Fastbricks Robotics has announced that it is being backed by Caterpillar to develop a home-building robot.  Its Hadrain X can lay down 1,000 bricks and hour a construct an entire home in two days.

Science fiction author Will Mitchell discussed the prospects for deployment self-replicating machines, to aid in the exploitation of space, on Seeking Delphi™ podcast #14.

A reminder that the Seeking Delphi™ podcast is available on iTunesPlayerFM and , and has a channel on YouTube.  You can also follow us on Facebook.

The Future This Week, April 2, 2017: Robot Job Apocalypse?

“The danger of the past was that men became slaves. The danger of the future is that men may become robots.”–Erich Fromm

You’re fired!

Today’s lead story brings to mind a classic gag from Woody Allen’s early stand-up comic days.  He told the story of how his father came home from work one day to report that he had been laid off from his factory job; he was replaced by a 50-dollar part on the assembly line.  The sad thing was, his mother immediately ran out and bought one of those parts.

The notion that a manufacturing plant  could be comprised of 3D printers run and maintained by robots is mind boggling.  So who maintains the maintenance robots?  Maintenance maintenance robots?  And who maintains the maintenance maintenance robots….?

3D Printing/Automation–

Yes, Voodoo manufacturing has created the world’s first robot-run 3D printing plant.   It allows the humans to concentrate on the creative work while the robots do the menial work, 24/7.  So what happens when A.I. starts doing the creative work?

Writing in the futures blog on Futurizon,  Ian Pearson, Ph.D., takes the position that A.I. will actually create jobs, not take them.  Dr. Pearson will be my guest on the Seeking Delphi podcast, the week of April 10.

 

Miranda. Maybe this is where all those lost socks went?

Space/NASA–NASA astronauts made a big booboo when they lost an important part of the International Space Station during a spacewalk earlier this week.   One of four pieces of cloth shielding designed to protect the station from impacts by small bits of orbiting  space junk, broke free and floated away.  The astronauts were able to make the other three pieces make do.  That’s a good thing.  For all we know, the interplanetary lost and found could be on Miranda.

Next Big Future reports that there is a push within the Chinese government to triple spending on space science over the next several years.  It’s still far less than NASA spends, though. Projections through the year 2030 are provided.

Digital Media–Business Insider issued a report, along with a free slide presentation, on the future of TV and the digital media that is rapidly replacing it.  Most notable is a forecast that fully 75% of all mobile data will be video by 2022.  My guest next week will be filmmaker and author Steven Katz  to discuss the future of  cinema and the digital video entertainment it is competing with.

Cargo drone or killer whale?

Aviation/Drones– An automated  amphibious cargo drones the size of a Boeing 777 could take to the skies by 2020.  Daily Mail reports that the California company building them is about 70% complete on the first test model.  The final production model will have a carrying capacity of 200,000 pounds.

Biotech/Anti-Aging–PureTech Health has licensed a possible anti-aging compound from NovartisMIT Technology Review reported that Boston-based startup company .  The drug, everolimus has been shown in clinical trials to increase effectiveness of flu vaccines in elderly patients, suggesting that it effectively makes immune systems younger.  The substance is related to rapamycin, which has previously been shown to increase average life span in mice by as much as 25%.

A reminder that the Seeking Delphi™ podcast is available on iTunes, and has a channel on YouTube.  You can also follow us on Facebook.