China Dictating to Silicon Valley
"Chinese manufacturers have helped send the price of conventional solar panels plunging and grabbed market share far more quickly than anyone anticipated."
"A few years ago, Silicon Valley start-ups like Solyndra, Nanosolar and MiaSolé dreamed of transforming the economics of solar power by reinventing the technology used to make solar panels and deeply cutting the cost of production. ... But as the companies finally begin mass production—Solyndra just flipped the switch on a $733 million factory here last month—they are finding that the economics of the industry have already been transformed, by the Chinese. ... 'The solar market has changed so much it’s almost enough to make you want to cry,' said Joseph Laia, chief executive of MiaSolé."
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Big tech is making its opening moves into the health care scene, but its focus on tech-savvy millennials may miss the mark.
- Companies like Apple, Amazon, and Google have been busy investing in health care companies, developing new apps, and hiring health professionals for new business ventures.
- Their current focus appears to be on tech-savvy millennials, but the bulk of health care expenditures goes to the elderly.
- Big tech should look to integrating its most promising health care devise, the smartphone, more thoroughly into health care.
A new study, led by psychologist Jean Twenge, points to the screen as the problem.
- In a new study, adolescents and young adults are experiencing increased rates of depression and suicide attempts.
- The data cover the years 2005–2017, tracking perfectly with the introduction of the iPhone and widespread dissemination of smartphones.
- Interestingly, the highest increase in depressive incidents was among individuals in the top income bracket.
Here's why universal basic income will hurt the 99%, and make the 1% even richer.
- Universal basic income is a band-aid solution that will not solve wealth inequality, says Rushkoff.
- Funneling money to the 99% perpetuates their roles as consumers, pumping money straight back up to the 1% at the top of the pyramid.
- Rushkoff suggests universal basic assets instead, so that the people at the bottom of the pyramid can own some means of production and participate in the profits of mega-rich companies.
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