This is an update of the 17 September 2018 release of this article analysing the economic costs of climate change on the U.S. economy in 2018. This update integrates the consequences, and especially the costs, of the super hurricane “Michael”, which hammered the Florida panhandle, then Georgia, North Carolina and Virginia, between the 10 and the 14 of October 2018 (Camilla Domonoske, “Michael Will Costs Insurers Billions, but Won’t Overwhelm the Industry, Analysts Say”, NPR, October 14, 2018).
“Michael” took over from “Florence”, the monster storm that hit and battered the U.S. East Coast on 12 September 2018. It looks like a new climate-related disaster “peak”. It could announce a transition towards possibly worse, considering the last 12 months of climate hellish conditions.
Thus, a major question arises: is climate change becoming a major risk for the U.S. economy? If yes, how should economic actors react (Jean-Michel Valantin, “Climate Change: The Long Planetary Bombing”, The Red (Team) Analysis Society, September 18, 2017)?
On 12 October, Chinese Huawei launched its new Quantum Computing Simulation HiQ Cloud Service Platform (Press Release). On 13 September 2018, the U.S. House of Representatives approved the “H.R. 6227: National Quantum Initiative Act” with $1.275 billion budget from 2019 to 2023 on quantum research. The Chinese government yearly investment in quantum science is estimated to $ … Continue reading The Coming Quantum Computing Disruption, Artificial Intelligence and Geopolitics (1)
On 24 September 2018, the U.S. Secretary of Commerce imposed new tariffs on 200 billion dollars worth of Chinese goods, thus widely escalating the “trade war” initiated by president Donald Trump against China in April 2018. Beijing immediately retaliated with tariffs on 60 billions worth of American goods (Will Martin, “China Hits Back at Trump … Continue reading The U.S. Economy, between the Climate Hammer and the Trade War Anvil – the Soybean Case
[Fully rewritten version v3] To exist, risk and foresight products as well as warnings must be delivered to those who must act upon them, the customers, clients or users. These anticipation analyses must also be actionable, which means that they need to include the right information necessary to see action taken. Yet, if you deliver … Continue reading Revisiting Timeliness for Strategic Foresight and Warning and Risk Management
This article defines and briefly explains the various names and labels given to activities and practices anticipating or foreseeing the future. Indeed, from risk management to Strategic Foresight and Warning (SF&W) the field of anticipation includes many perspectives and practices centred on different themes. Meanwhile, various actors use different names for SF&W, or very similar approaches. It is thus important to clarify what various labels and names mean, even if borders between categories are often fuzzy.
Impact on Issues and Uncertainties Critical Uncertainty ➚➚➚ Disruption of the current AI-power race for private and public actors alike – The U.S. takes a very serious lead in the race. ➚➚ Accelerating expansion of AI ➚➚ Accelerating emergence of the AI-world ➚➚ Increased odds to see the U.S. consolidating its lead in the AI-power race ➚➚ Escalating AI-power … Continue reading $2 Billion for Next Gen Artificial Intelligence for U.S. Defence – Signal
Impact on Issues and Uncertainties ➚➚ Accelerating expansion of AI ➚➚ Accelerating emergence of the AI-world ➚ Redrawing of the power map of the world along AI-power status lines ➚ Escalating AI-power race notably between the U.S. and China. ➚ Rising challenge for the rest of the world to catch up ➚ China influence and capability in terms … Continue reading Impacts of Chinese Baidu new no-code tool to build AI-programs – Signal
This article looks at the way the warming ocean exerts a growing pressure on food security and the economy. It is a follow-up to “The U.S. Navy vs Climate Change Insecurity” (Jean-Michel Valantin, June 15, 2018), where we focused on the current climate and ocean change becoming a major strategic threat, because of the rapid … Continue reading The Warming Ocean as Planetary Threat
This article focuses on the political and geopolitical consequences of the feedback relationship linking Artificial Intelligence (AI) in its Deep Learning component and computing power – hardware – or rather high performance computing power (HPC). It builds on a first part where we explained and detailed this connection. Related Artificial Intelligence, Computing Power and Geopolitics … Continue reading Artificial Intelligence, Computing Power and Geopolitics (2)
The U.S. Navy is under higher and growing pressure from climate and ocean change. This situation is emphasized in The Impact of Sea-Level Rise and Climate Change on Department of Defense Installations on Atolls in the Pacific Ocean (Curt D. Storlazzi, Stephen B. Gingerich et al., February 2018, full pdf report), funded among others by the Department … Continue reading The U.S. Navy vs Climate and Ocean Change Insecurity (1)