Here Are The Top 10 Emerging Technologies For 2014

The World Economic Forum, famous for its annual Davos convention in Switzerland, has put out a new report identifying the top technological trends for the coming year.

 

“Technology has become perhaps the greatest agent of change in the modern world,” writes WEF’s Noubar Afeyan. “While never without risk, positive technological breakthroughs promise innovative solutions to the most pressing global challenges of our time, from resource scarcity to global environmental change.”

“By highlighting the most important technological breakthroughs, the Council aims to raise awareness of their potential and contribute to closing gaps in investment, regulation and public understanding,” he writes.

From wearable electronics to brain-computer interfaces, here are the big technologies to look out for this year.

Read more: http://www.businessinsider.com/top-10-emerging-technologies-2014-2?op=1#ixzz2ucYzbOpa

Read more: http://www.businessinsider.com/

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What Alan Greenspan Has Learned Since 2008

Not long after Alan Greenspan stepped down as Federal Reserve chairman in 2006, global financial markets began to unravel. The collapse of a few financial institutions, the near-collapse of many others, a massive bailout by multiple governments, and the worst economic downturn in three-quarters of a century ensued. Lots of people blamed Greenspan for some or all of this, and the man himself famously allowed, in a Congressional hearing in October 2008, that he had “found a flaw” in his model of how the world works.

Then, somewhat remarkably for a guy who had recently turned 80, he actually set to work trying to figure out what he’d gotten wrong. “It seems sort of silly,” he says now, “but I’ve learned more in the last three or four years than the previous ten.” In the fall he came out with a book setting out his new and improved worldview, The Map and the Territory: Risk, Human Nature, and the Future of Forecasting. But even that’s not the end of it. “I guess they shut it down in June,” he says, estimating when the book went to the printer. “I’ve come a long way since then.”

http://blogs.hbr.org/2014/01/what-alan-greenspan-has-learned-since-2008/

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Warning :: WhatsApp and Tesla set the scene for soaring valuations

It is often a sign of a bubble when analysts and commentators rush to explain away each new upward step in valuations – and then come up with expansive arguments to justify why prices should be even higher.

Two events in the tech world in recent days seem to fit this description all too well.

Exhibit A was Facebook’s $19bn offer for WhatsApp. The most striking thing about the reception to this deal was how quickly Wall Street came to feel comfortable about the eye-popping price. There was universal amazement when the news broke, but most analysts quickly picked themselves up off the floor and rushed to explain why it made perfect sense.

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The Unlikely Tale of How ARM Came to Rule the World

This is a story about ARM Holdings (ARMH), the mobile technology company. But before it gets going, here are a few things you need to know:

1. ARM is a company made up mostly of chip engineers. They design parts of chips—such as graphics and communication bits—and they design entire chips.

2. ARM sells these designs and licenses its chip architecture to dozens of companies, including Apple (AAPL), Samsung Electronics (005930:KS), Qualcomm (QCOM), and Nvidia (NVDA).

3. As a result, just about every smartphone, mobile phone, and tablet runs on an ARM chip.

4. In fact, you can argue that ARM-based products are now the most-used consumer products in the world, outflanking even Coca-Cola (KO) and McDonald’s (MCD) by some measures. (I recently made just such an argument.)

5. A great many people have not heard of ARM. This is because the company has largely kept to itself from a headquarters in Cambridge, England.

6. Its anonymity is sort of incredible when you think about it, considering that ARM has arguably had a more profound effect on modern living than just about any other company.

Picture an idyllic scene in the English countryside—like Downton Abbey, but bigger. That’s Cambridge. It has these ancient college buildings that are cathedrals to learning. On a warm day, students stream out and head to the river to go punting or get a pint and lounge around in grassy fields. It’s a place that begs you to get lost in thought.

 

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NY is ‘Billionaire Capital Of The World’

For the first time, New York City has surpassed Moscow for the most billionaire residents, according to the latest global rich list from Hurun, a group that tracks wealth in China.

According to Hurun, New York added 14 billionaires this year, bringing its total to 84. Moscow, meanwhile, lost a billionaire, lowering its headcount to 77.

 

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This is what Twitter looks like when two groups with different political views talk.

 

As part of a new study on Twitter’s network structures, the Pew Research Center and the Social Media Research Foundation tracked a single hashtag related to America’s budget conflict over two days. What the researchers found are “large dense groups that have little inter-connection or bridge between them.”

In the map above, the cluster to the right is the “liberal group” and the one to the left the “conservative group.” Not only do they rarely talk to each other, they also use different hashtags and link to different websites within their tweets. Only the rare user, such as @YasserMohamed2 (now suspended) has links to both groups. Unsurprisingly, researchers call this a “polarized crowd.” It is one of six archetypical network structures they found to exist on Twitter.

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