David Forrest

9,223 Added | 2 Magazines | 24 Likes | 13 Following | 678 Followers | @innovationwatch | David Forrest is a Canadian writer and strategy consultant Twitter: @innovationwatch

A popular cryptocurrency could be using more than a country's worth of electricity

Thus far, 2017 has proven to be a notable year for cryptocurrencies — and not just the one most everyone’s familiar with.<p>While Bitcoin has been on a continuous upward trend, it’s major competitor Ether is following close behind. Despite last week’s flash crash and Sunday’s "fake news" market value …

Cryptocurrency

The cryptocurrency universe keeps expanding

Bitcoin is the original cryptocurrency, and its meteoric rise has made it a mainstay of conversation for investors, media, and technologists alike.<p>In fact, the innovation of the blockchain is changing entire markets, while causing ripples with central banks and the financial industry. At time of …

Cryptocurrency

Exxon’s support for a carbon tax is the first step in big oil’s long, negotiated surrender

The industry sees the writing on the wall.<p>It made news last week when ExxonMobil, along with a slate of other big companies, including other oil giants, backed a plan for a substantial, rising US carbon tax<b>.</b><p>The plan was put forward by the Climate Leadership Council, a new group that is seeking a …

Climate

Forget Coal: Asteroid Mining Is Coming Sooner Than You Think

Robots are paving the way toward lucrative space mining as NASA and private startups launch pioneering prospecting missions to precious metal-rich asteroids.<p>President Donald Trump is obsessed with returning America to its coal mining past—but scientists and entreprenurs have far more ambitious …

Space Exploration

Hampton Creek is now growing its own meat in labs—and it says it will get to stores first

The maker of vegan mayonnaise has been working on getting lab-made meat onto dinner tables everywhere. It’s just that nobody knew about it.<p>Hampton Creek—a company that built its name on plant-based condiments and vegan-friendly cookie doughs—today revealed that, for the last year, it has been …

Agriculture

Google’s $2.7 Billion Fine: What It Means and What Happens Next

The European Commission on Tuesday rocked Google with a massive fine for violating antitrust laws. The EC's $2.7 billion penalty, which also requires …

Google

Meet the world’s most powerful computer

Two decades ago China did not have a single supercomputer – and now it has the world’s most powerful.<p>China only started producing its first computer chips in 2001. But its chip industry has developed at an awesome pace.<p>So much so that Chinese-made chips power the world’s most powerful …

Supercomputers

These Google StreetView Cars Are Now Mapping And Measuring Pollution

The maps can help cities and residents figure out causes and solutions to urban air quality problems.<p>If you stand next to an experimental Google StreetView car in Oakland, you’ll hear whirring. On top of the vehicle–below the usual cameras taking photos of the street–a mechanical system with pumps …

Pollution

Amazon and Whole Foods Are Headed for a Culture Clash

Ever since Amazon announced last week that it’s planning to buy Whole Foods for $13.7 billion, lots of people have been wondering whether robots will …

Whole Foods

Four Reasons Why China's Industries Will Dominate The World By 2030

When it comes to industrial dominance, fortunes can change drastically. However, by observing current trends, the ability of China’s industries to soar to the top in 2030 is unmistakable.<p>For almost three decades, China’s economy–powered by its industries–has continued to grow at an astronomical …

Green Bonds

Three-quarters of world has little or no confidence in Trump, Pew study finds

Support for US president now below that of George Bush following Iraq invasion Israel and Russia have faith in Trump – not so European allies<p>More than three-quarters of the world has little or no confidence in Donald Trump’s global leadership and his signature policies, with support for the …

Donald Trump

Here's how we can create jobs in the age of robots and low growth

The growth economy suffers from a productivity paradox. Corporations compete to reduce the time and effort that goes into production processes, which …

Economics

Artificial Intelligence Will Enable 38% Profit Gains By 2035

• By 2035 AI technologies have the potential to increase productivity 40% or more.<br>• AI will increase economic growth an average of 1.7% across 16 industries by 2035.<br>• Information and Communication, Manufacturing and Financial Services will be the top three industries that gain economic growth in 2035 …

Intelligence

Changing Company Culture Requires a Movement, Not a Mandate

Culture is like the wind. It is invisible, yet its effect can be seen and felt. When it is blowing in your direction, it makes for smooth sailing. When it is blowing against you, everything is more difficult.<p>For organizations seeking to become more adaptive and innovative, culture change is often …

Harvard Business Review

4 Things the Most Respected Leaders Do for Their Employees

These common human traits seem so logical in every day relationships. Why are they so rare to find in bosses?<p>Whenever I conduct workshops for leadership teams, I break them into groups of three and ask the question, "Think of a time when you worked for the best boss you ever had. What made him or …

Leadership

Europe and Japan Near Trade Deal as U.S. Takes Protectionist Path

The European Union and Japan are close to sealing one of the largest trade agreements ever, a deal that could further isolate the United States as President Trump forges a protectionist path.<p>The deal, which brings together two giants encompassing a quarter of the world’s economy, would be a potent …

Economics

Google Unveils an AI Investment Fund. It's Betting on an App Store for Algorithms.

Google just placed yet another bet on the idea that artificial intelligence will remake the world—and throw off wild profits.<p>The company disclosed …

Machine Learning

Unbreakable: China doubles down on quantum internet

China has set a new distance record for photon entanglement, the foundation for a communications network secured by the code to end all codes.<p>June …

Quantum Mechanics

A little bit, better: Consortium to build quantum computers 10,000 times faster than classic machines

The consortium will develop the computational framework and design quantum annealers, specialised processors that power quantum optimisation.<p>The …

Quantum Mechanics

Google is Closer Than Ever to a Quantum Computer Breakthrough

Google’s 49 Qubit Chip<p>Google is maintaining its edge in the world of quantum computing. Its 20-qubit processor is currently undergoing tests, and the …

Quantum Mechanics

Eva the dog saved from amputation using groundbreaking bone-growing goo

A groundbreaking bone-mending technique could save soldiers and landmine victims from amputation after it was trialled successfully on a pet dog.<p>Vets and scientists successfully repaired the leg of a two-year-old Munsterlander named Eva who suffered a serious leg fracture of her right foreleg after …

Breakthroughs

Happiness research suggests this is the biggest obstacle to your creativity

From Vincent Van Gogh on through Kanye West, the figure of the broody, tortured artist looms large in the popular imagination. But research suggests …

Creativity

To Lead Across Cultures, Focus on Hierarchy and Decision Making

Cultural differences in leadership styles often create unexpected misunderstandings. Americans, for example, are used to thinking of the Japanese as hierarchical while considering themselves egalitarian. Yet the Japanese find Americans confusing to deal with. Although American bosses are outwardly …

Management

Petasense emerges from stealth to help companies monitor machine health

Industrial IoT startup Petasense emerged from stealth today, officially announcing $1.8 million in seed funding and a hardware/software solution designed to help industrial customers understand when equipment needs maintenance by “listening” to its vibrations.<p>As it turns out, machines vibrate at a …

Om Malik

The revolutionary technology pushing Sweden toward the seemingly impossible goal of zero emissions

Degerhamn, Sweden<p>As far as the eye can see, the only thing polluting our pristine environment is the gas-guzzling car I’m riding in.<p>It’s a chilly April morning in Kalmar county in southern Sweden, and as we drive past pastel-colored wooden houses separated by acres of farmland, Martin Olofsson, a …

Sweden

The Science Of Why It's Too Hot For Some Planes To Fly In The Southwest U.S.

The National Weather Service in Phoenix, Arizona confirmed on Tuesday morning that a record high temperature was set Monday June 19th. <i>The temperature was 118 degrees F.</i> This tied the record set only a year ago in 2016. The National Weather Service also tweeted this ominous statement<p>……If we hit our …

Climate Change

Augmentation Versus Automation: AI’s Utility in the Workplace

<i>On May 23, 2017, the MIT Sloan School of Management hosted the 14th annual CIO Symposium: “The CIO Adventure: Now, Next and… Beyond.” The one-day</i> …

Intelligence

Cholesterol-lowering vaccine jab to stop heart attacks could be close

Vaccine to be trialled by humans could be effective alternative to statins<p>A vaccine jab that prevents heart attacks could be imminent after promising early research shows how the immune system can be directed to lower cholesterol.<p>Patients have already been enrolled into a phase one trial to see if …

Medicine

The Mathematical Corporation: Where Machine Intelligence and Human Ingenuity Achieve the Impossible

By Josh Sullivan & Angela ZutavernHow companies in industries such as pharmaceuticals are starting to learn that by giving more data away, they …

Innovation

Can Algae Replace Oil Wells? Craig Venter And Exxon Take A Step Toward Saying 'Yes'

Think of them as Sumo wrestler algae: fat, but also fit. It’s fat (more correctly, lipids) that can be made into biofuels, which, if they were as cheap as petroleum, would yield untold ecological advantages. But how do you make algae better at making fat? Changing one gene can make the little green …

DNA