A new technology is underway in the construction of the first robot cargo ship. This will be the first unmanned cargo ship to set sail. It is being constructed by Rolls-Royce. There is a catch. The international laws on shipping were set in place because of unions. As is, international shipping law states that ocean-going vessels […]
Quantum Encryption is a dream that is rapidly coming true (University of Science and Technology China). At this level, it can make data secure and virtually impossible to hack. This will put the NSA back to the stone age where they belong. Crimes will have to be solved the old fashion way instead of hacking someone’s cell phone to figure out where their […]
While many people make it sound like the end of the world is approaching with the Federal Communications Commission (FCC) vote to repeal the Obama-era power grab to regulate the internet, the reality is not much is likely to change. The FCC repealed the Obama act in a 3-2 vote, but what is not being explained […]
QUESTION: Hello. You mentioned that the tax cut will allow many companies to expand and hire more staff. At a WSJ forum, Gary Cohen asked a group of CEO’s if they would expand or hire more workers with the corporate tax cut and less than a dozen raised their hands. Some have commented that the savings […]
At the peak of the Economic Confidence Model 1878.15 (February 24th), the Public Wave before the Private Wave that peaked in 1929, technology was frightening people. The NY Times editorial came out about one month from the ECM turning point on March 25th, 1878 against this horrible person by the name of Thomas Edison. What did they think […]
The Maldives has introduced what may become the next innovation. Maldives Immigration has introduced a new type of ID card that replaces your credit card, passport, drivers license and healthcare insurance card all wrapped up in one. The next step will be to put this on a biochip and insert it into your skin so […]
Dubai’s Road & Transportation Agency plans to launch trips with the first fully-electric autonomous aerial vehicle drone. The Prime Minister of the UAE wants 25% of all passenger trips to be made in driverless vehicles by 2030. Perhaps we will try it out in our office in Abu Dhabi. This is the future and it […]
QUESTION: Cyberattacks vs. Cash elimination – an argument against eliminating cash. Hello Mr. Armstrong, it is quite apparent that no government, no financial institution, Anti-virus software developer, or either ‘whatever’ is is really capable to stop cyberattacks. Now these people want to eliminate cash, make larger cash amounts illegal. So theoretically these cyber attackers could/ maybe […]
People talk about the changing environment. In the financial world around us, things are also changing dramatically. What use to be is no more. There are no real ticker-tape parades any more and future pits are closing opting for online trading. What is changing and why can we not see it? The internet has changed the […]
I found what I want for Christmas – Google’s prototype for a flying car. It would be really nice if we could ban all people from government who have zero experience in the real world who love to be career politicians to tell the rest of us what to do. Then we need to take […]
