from the world's big
Jean-Pierre Rosso on The Future of Energy
Mr. Rosso has been Chairman of World Economic Forum USA Inc. since April 2006. Mr. Rosso served as Chairman of CNH Global N.V. from November 1999 until his retirement in May 2004; was Chief Executive Officer of CNH Global N.V. from November 1999 to November 2000; and Chief Executive Officer of Case Corporation from April 1994 to November 1999 and Chairman from March 1996 to November 1996. He is also a director of ADC Telecommunications, Inc., Bombardier Inc., and Eurazeo.
Question: Can the world handle a global oil shock?
Jean Pierre Rosso: Well, I don’t know whether having the price are above the $110 versus 20 not long ago [inaudible] already a shock, what I realized what I observes is that we live with it and so it is sort of baffling in many ways but it is the way it is. So I don’t think we have a we have an oil short pact, we already have it and we are surviving it, I don’t think we, the last older shot that we had been in 70s. And I think the overall system now is much more sophisticated than it was 30 years ago in many respects but also in terms of production, distribution of oil.,so I don’t see a repeat of what happend in the 70s now. Personal opinion of course but I think the awareness that first of all I personally seeing oil is not already have been depleted, and that is one point, that doesn’t mean that we should not pursue aggressively all other forms of energies and to me the major reason to doing this, good reason is of course to upset potential risk of not having oil, but the major reason is to carbon emissions, the major reason is to protect the planet. So and obviously the alternative energies will not replace oil, but they will contribute to a better balance or energy sources so the only way to deal with the energy requirements of the world which will ever increase and unless we find a way to migrate into some other planets, will be to use all, all forms of the energies, oil and obviously nuclear and all the other alternative energy we need all of them it is not matter of choosing one we need all of them.
Question: Is oil managed rationally?
Jean Pierre Rosso: Yeah, because it is a market, it is a commodity market and then we have producers and buyers and well. It is I don’t know about may be my answer is not correct because in fact, they don’t have a choice but we don’t have a choice we have to buy oil, so in a way we don’t have alternatives to go to, so it is not a true market in a way. The more I think about it, thinking loud now. It is not a true market because we are going to buy oil, until we are, because we are dependent here is the word, we are really dependent on oil, so if you depending in something I don’t think you can call it a free market.
Question: How is the petrol dollar shaping the new world?
Jean Pierre Rosso: I mean certainly one observation you can make is that the funds are accumulated by the oil producers, which are called now sovereign funds. Because they are state funds, have gone tremendously with the ever increasing consumption of oil, demand for oil and the price of the dollart, the weakness of the dollar I mean which had contributed to the rise of the price of oil., So this some of those countries are sitting on huge funds now that they are deploying. so upto now with , I think some very good level of discipline in terms of looking on investments that are appropriate investments. Some people think that may be they will probably this power in to with the political motive and I don’t think so but I think that certainly in New York they are more concerned about this, and we limit probably we will limit those investment to some maximum level, but up to now the evidence is that, they are trying to invest there money smartly, as they should and I think that is good because when investment goes across borders like this, the best thing for the world going forward, one of the some of the best things as far as trade and across borders and investment across borders, because the more of this we do, the more tied we are together . So when China is heavily invested in US or vice versa then they are ties that are established here, that people have a hard time considering breaking up because they would, they loose-loose situation. So this is I think this is a positive thing. I think the US should invest massively in alternative energies including nuclear, I think US should reduce in dependence on oil, and you can argue of both course about drilling more, particularly in Alaska where pores and corns there but I think what the US should do is, in some I have said this is to embark into a massive plan to develop all resources of energies.
Date Recorded: 03/19/2008
It’s time for the U.S. to get serious about alternative energy.
If machines develop consciousness, or if we manage to give it to them, the human-robot dynamic will forever be different.
- Does AI—and, more specifically, conscious AI—deserve moral rights? In this thought exploration, evolutionary biologist Richard Dawkins, ethics and tech professor Joanna Bryson, philosopher and cognitive scientist Susan Schneider, physicist Max Tegmark, philosopher Peter Singer, and bioethicist Glenn Cohen all weigh in on the question of AI rights.
- Given the grave tragedy of slavery throughout human history, philosophers and technologists must answer this question ahead of technological development to avoid humanity creating a slave class of conscious beings.
- One potential safeguard against that? Regulation. Once we define the context in which AI requires rights, the simplest solution may be to not build that thing.
Duke University researchers might have solved a half-century old problem.
- Duke University researchers created a hydrogel that appears to be as strong and flexible as human cartilage.
- The blend of three polymers provides enough flexibility and durability to mimic the knee.
- The next step is to test this hydrogel in sheep; human use can take at least three years.
Duke researchers have developed the first gel-based synthetic cartilage with the strength of the real thing. A quarter-sized disc of the material can withstand the weight of a 100-pound kettlebell without tearing or losing its shape.
Photo: Feichen Yang.<p>That's the word from a team in the Department of Chemistry and Department of Mechanical Engineering and Materials Science at Duke University. Their <a href="https://onlinelibrary.wiley.com/doi/abs/10.1002/adfm.202003451" target="_blank">new paper</a>, published in the journal,<em> Advanced Functional Materials</em>, details this exciting evolution of this frustrating joint.<br></p><p>Researchers have sought materials strong and versatile enough to repair a knee since at least the seventies. This new hydrogel, comprised of three polymers, might be it. When two of the polymers are stretched, a third keeps the entire structure intact. When pulled 100,000 times, the cartilage held up as well as materials used in bone implants. The team also rubbed the hydrogel against natural cartilage a million times and found it to be as wear-resistant as the real thing. </p><p>The hydrogel has the appearance of Jell-O and is comprised of 60 percent water. Co-author, Feichen Yang, <a href="https://today.duke.edu/2020/06/lab-first-cartilage-mimicking-gel-strong-enough-knees" target="_blank">says</a> this network of polymers is particularly durable: "Only this combination of all three components is both flexible and stiff and therefore strong." </p><p> As with any new material, a lot of testing must be conducted. They don't foresee this hydrogel being implanted into human bodies for at least three years. The next step is to test it out in sheep. </p><p>Still, this is an exciting step forward in the rehabilitation of one of our trickiest joints. Given the potential reward, the wait is worth it. </p><p><span></span>--</p><p><em>Stay in touch with Derek on <a href="http://www.twitter.com/derekberes" target="_blank">Twitter</a>, <a href="https://www.facebook.com/DerekBeresdotcom" target="_blank">Facebook</a> and <a href="https://derekberes.substack.com/" target="_blank">Substack</a>. His next book is</em> "<em>Hero's Dose: The Case For Psychedelics in Ritual and Therapy."</em></p>
What would it be like to experience the 4th dimension?
Physicists have understood at least theoretically, that there may be higher dimensions, besides our normal three. The first clue came in 1905 when Einstein developed his theory of special relativity. Of course, by dimensions we’re talking about length, width, and height. Generally speaking, when we talk about a fourth dimension, it’s considered space-time. But here, physicists mean a spatial dimension beyond the normal three, not a parallel universe, as such dimensions are mistaken for in popular sci-fi shows.
An algorithm may allow doctors to assess PTSD candidates for early intervention after traumatic ER visits.
- 10-15% of people visiting emergency rooms eventually develop symptoms of long-lasting PTSD.
- Early treatment is available but there's been no way to tell who needs it.
- Using clinical data already being collected, machine learning can identify who's at risk.
The psychological scars a traumatic experience can leave behind may have a more profound effect on a person than the original traumatic experience. Long after an acute emergency is resolved, victims of post-traumatic stress disorder (PTSD) continue to suffer its consequences.
In the U.S. some 30 million patients are annually treated in emergency departments (EDs) for a range of traumatic injuries. Add to that urgent admissions to the ED with the onset of COVID-19 symptoms. Health experts predict that some 10 percent to 15 percent of these people will develop long-lasting PTSD within a year of the initial incident. While there are interventions that can help individuals avoid PTSD, there's been no reliable way to identify those most likely to need it.
That may now have changed. A multi-disciplinary team of researchers has developed a method for predicting who is most likely to develop PTSD after a traumatic emergency-room experience. Their study is published in the journal Nature Medicine.
70 data points and machine learning
Image source: Creators Collective/Unsplash
Study lead author Katharina Schultebraucks of Columbia University's Department Vagelos College of Physicians and Surgeons says:
"For many trauma patients, the ED visit is often their sole contact with the health care system. The time immediately after a traumatic injury is a critical window for identifying people at risk for PTSD and arranging appropriate follow-up treatment. The earlier we can treat those at risk, the better the likely outcomes."
The new PTSD test uses machine learning and 70 clinical data points plus a clinical stress-level assessment to develop a PTSD score for an individual that identifies their risk of acquiring the condition.
Among the 70 data points are stress hormone levels, inflammatory signals, high blood pressure, and an anxiety-level assessment. Says Schultebraucks, "We selected measures that are routinely collected in the ED and logged in the electronic medical record, plus answers to a few short questions about the psychological stress response. The idea was to create a tool that would be universally available and would add little burden to ED personnel."
Researchers used data from adult trauma survivors in Atlanta, Georgia (377 individuals) and New York City (221 individuals) to test their system.
Of this cohort, 90 percent of those predicted to be at high risk developed long-lasting PTSD symptoms within a year of the initial traumatic event — just 5 percent of people who never developed PTSD symptoms had been erroneously identified as being at risk.
On the other side of the coin, 29 percent of individuals were 'false negatives," tagged by the algorithm as not being at risk of PTSD, but then developing symptoms.
Image source: Külli Kittus/Unsplash
Schultebraucks looks forward to more testing as the researchers continue to refine their algorithm and to instill confidence in the approach among ED clinicians: "Because previous models for predicting PTSD risk have not been validated in independent samples like our model, they haven't been adopted in clinical practice." She expects that, "Testing and validation of our model in larger samples will be necessary for the algorithm to be ready-to-use in the general population."
"Currently only 7% of level-1 trauma centers routinely screen for PTSD," notes Schultebraucks. "We hope that the algorithm will provide ED clinicians with a rapid, automatic readout that they could use for discharge planning and the prevention of PTSD." She envisions the algorithm being implemented in the future as a feature of electronic medical records.
The researchers also plan to test their algorithm at predicting PTSD in people whose traumatic experiences come in the form of health events such as heart attacks and strokes, as opposed to visits to the emergency department.