Föhrenbergkreis Finanzwirtschaft

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Archive for 27. November 2019

Artificial eyes: How robots will see in the future

Posted by hkarner - 27. November 2019

Date: 26-11-2019
Source: BBC By Janek Schmidt

Early Lidar „spinners“ were bulky devices

It’s never good when a giant of the technology business describes your product as „a fool’s errand“.

But that’s how Tesla’s chief executive Elon Musk branded the laser scanning system Lidar, which is being touted as the best way for autonomous cars to sense their environment.

In April he said Lidar was „expensive“ and „unnecessary“. He believes that cameras combined with artificial intelligence will be enough to allow cars to roam the streets without a human driver.

Lidar emits laser beams and measures how long they take to bounce back from objects, and this provides so-called point-clouds to draw 3D maps of the surroundings.

These can be analysed by computers to recognise objects as small as a football or as big as a football field and can measure distances very accurately.

Despite Mr Musk, some argue these $10,000 (£7,750) pieces of kit are going to be essential. „For a car to reach anything close to full autonomy it will need Lidar,“ says Spardha Taneja of Ptolemus Consulting Group, a mobility consultancy. Den Rest des Beitrags lesen »

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China Is Europe’s Problem Too

Posted by hkarner - 27. November 2019

Date: 26-11-2019

Source: The Wall Street Journal By Walter Russell Mead

Only the trans-Atlantic alliance can counter Beijing’s moves in the Pacific.

What will the trans-Atlantic alliance look like in a world focused on the Indo-Pacific? That, more than President Trump’s unpredictable diplomacy, is the question that haunts Europe.

During the Cold War, protecting Europe from Soviet aggression was Washington’s highest foreign-policy priority. That didn’t only mean that the U.S. put troops in Europe. Washington took European opinions seriously, engaged with Europeans, cut deals with them and was willing to make concessions to preserve alliance unity.

Clearly, some of that has changed. The next U.S. president may not share Mr. Trump’s undiplomatic instincts or his affinity for Brexiteers such as Nigel Farage and anti-Brussels figures like Hungary’s Viktor Orbán. But will he or she engage in the ritualistic ceremonies of diplomatic consultation with the various chancellors, presidents, commissioners and high representatives that Europeans so love? When America’s most urgent foreign policy worries involve smoothing over Japanese-Korean spats or facing down China in the Taiwan Strait, just how relevant will Europe be? When Europe calls Washington, will anybody answer the phone? Den Rest des Beitrags lesen »

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The Trade War Won’t Be Won or Lost by President Trump

Posted by hkarner - 27. November 2019

Date: 26-11-2019
Source: The Wall Street Journal

China was losing global export market share before the trade war

It is difficult for one country—even one as central to the global economy as the U.S.—to reorder global trade on its own.

China-U.S. tensions may not matter for global trade as much as investors seem to think.

Talk of a Sino-American trade war has dominated newspaper headlines, market reports and corporate boardroom discussions for the past 18 months. But, in some ways, what the escalating tariffs have shown most clearly is how difficult it is for one country—even one as central to the global economy as the U.S.—to reorder global trade on its own. Den Rest des Beitrags lesen »

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A New Climate Economy

Posted by hkarner - 27. November 2019

By Gita Bhatt

“Everybody talks about the weather, but nobody does anything about it.” The quip, attributed to 19thcentury American humorist Mark Twain, might describe the current state of play on climate change. In Twain’s day, it was absurd to suppose humans could do anything about the weather.

Today, we understand that we can and we must.

The changing climate, largely wrought by humans, is bringing rising sea levels, temperature extremes, and more frequent and harsher storms. These threaten to displace lives, livelihoods, and communities, with clear economic consequences, often at a high price tag, around the world.

Simply put, climate is the biggest risk the world faces. What can we do to move from talk to action?

This issue of Finance & Development looks at the economic and financial impact of climate policy choices. It points to concrete solutions that offer growth opportunities, driven by technological innovation, sustainable investment, and a dynamic private sector.

For IMF Managing Director Kristalina Georgieva, dealing with climate change requires not only mitigating damage, but also adapting for the future. This means pricing risk and providing incentives for green investment. Kenneth Gillingham shows that in the long run, the costs of climate action may be lower than we think. Ian Parry estimates that aggressive carbon taxes would help individual nations meet their emission-reduction goals and scale up action globally. Mark Carney and others show how harnessing finance can open enormous opportunities—from transforming energy to reinventing protein. Finally, Ralph Chami and fellow researchers highlight how saving whales can help save the planet. Den Rest des Beitrags lesen »

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