We believe that everyone’s future can be richer, happier and more efficient, but you can’t embrace that future unless you take the first most crucial step, being informed of it.
Welcome to The Tipping Point, a regular post on future tech for people who don’t have enough time to read the full news stories. Instead we shorten these, concentrate everything into one post, put that in your face, and you have to suck it. So let’s go!
This Weeks News!
“The publication reported last week that a UK energy company’s chief executive was tricked into wiring €200,000 (or about $220,000 USD) to a Hungarian supplier because he believed his boss was instructing him to do so. But the energy company’s insurance firm, Euler Hermes Group SA, told the WSJ that a clever AI-equipped fraudster was using deepfake software to mimic the voice of the executive and demand his underling pay him within the hour.”
AI: A New Era Beckons as First Drug Is Created by AI
“Insilico Medicine has achieved a world first by successfully designing, synthesizing, and validating a new drug from the ground up and taking just 46 days to do so. It achieved this impressive feat using AI. This is the first time that AI has been used to successfully create a new drug, and it took record time compared to traditional methods.”
“If you open Facebook’s mobile app today, it will likely suggest that you try the company’s new Dating service, which just launched in the U.S. after a rollout in 19 other countries last year. But with the company’s track record of mishandling user data, and its business model of monetizing our sensitive information to power third-party targeted advertising, potential users should view Facebook’s desire to peek into our bedrooms as a huge red flag.”
“The Exynos line of processors powers many of Samsung’s international devices (rather than Qualcomm’s Snapdragon chips, which Samsung uses in its US releases). Samsung says the 980 is capable of download speeds of up to 2.55 gigabits per second on a 5G connection. The chip also packs a total of eight CPU cores — two Cortex-A77 and six Cortex-A55 — and a Mali-G76 GPU.”
CRYPTO: Bitcoin Fixes This
“This past week marked that time of year when global central bankers, establishment economists and CNBC, et al. descend on Jackson Hole, Wyoming to discuss the systemic issues that plague our economy. Never seeming to find an answer but constantly in search of it; it is the perennial Jackson Hole dilemma. There is always much fanfare and this year was no different.”
“The share of wind and solar power in the energy mix on Australia’s main grid hit a new peak on Saturday – a share of 40.9 per cent, and also reached a new record for the share of all renewables, including hydro. The new level was reached between 11am and 12pm on Saturday, at which point a total of 9,696MW of rooftop solar, utility scale solar and wind was contributing to the grid, a 40.9 per cent share of generation. It might have been even higher but for some curtailment of solar farms at the time.”
“A small clinical trial, which was conducted by a team of researchers led by Dr. Greg Fahy, has shown for the first time in humans that reversing biological age may be possible.The results of TRIIM are in”
“A drone video has been released showing the aftermath left by Hurricane Dorian that hit the Bahamas earlier this week. The video gives us an insight into the damage and destruction caused by the deadly hurricane as the cleanup and restoration process begins.”
“Porsche has unveiled today its highly-anticipated first all-electric car, the Taycan, and it delivers on most of our expectations, except maybe for the price, with a range of 280 miles (WLTP) and impressive performance.”
“VW has finally, finally announced the production version of their brand new ID.3! They have been teasing and speaking about it for years now and they’ve even been advertising and hyping it in camouflage. Thankfully the wait is (mostly) over and we now know a lot more solid details about it.”
And that’s it for this week! Let us know in the comments what you think or if you have found any other important news!
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