After sitting below 4% for more than two years, the overall unemployment rate has topped that threshold since May… “We’re seeing a meaningful transition in the way work is done in the white-collar world, I tell people a wave is coming….” Thousands of video game workers lost jobs last year Read more…
The U.S. and China are racing to build a truly useful humanoid worker. Whoever wins could gain a huge edge in countless industries. “The time has come for robots,” Nvidia’s chief executive said at a conference in March, adding “This could very well be the largest industry of all.” China’s Read more…
Last week an Air France flight to the Caribbean had to turn around and return to Paris, after a passenger could not locate their cellphone. Because of fears that an unattended cellphone could overheat — and because the passenger and crew couldn’t find the phone — the Boeing 777 turned Read more…
If you entered media or image-making in the ’90s — magazine publishing, newspaper journalism, photography, graphic design, advertising, music, film, TV — there’s a good chance that you are now doing something else for work. That’s because those industries have shrunk or transformed themselves radically, shutting out those whose skills Read more…
No more burning fossil fuels, playing with fissile material, damming rivers, erecting wind mills, or making solar panels. All of our energy needs could potentially be supplied by the angular kinetic energy of the Earth — and because of the mass of the planet, doing so would slow its rotation Read more…
According to an article in Wired, Elon Musk has appointed a team of technologists from DOGE to “rewrite the code that runs the SSA in months.” This codebase has over 60 million lines of COBOL and handles record keeping for all American workers and payments for all Social Security recipients. Read more…
The Federal Deposit Insurance Corporation (FDIC) says banks no longer need prior approval before engaging in crypto-related activities, such as holding digital currency assets or partnering with companies in the industry. After publishing a general caution against banks participating in the industry just two years ago, the FDIC is the Read more…