Category Archives: Economy

Updates from Boeing

Boeing to Showcase the Future of Aerospace at Farnborough International Airshow
Boeing – Boeing (NYSE: BA) today announced its plans to reveal the exciting future of air and space travel at the 2018 Farnborough International Airshow, which takes place July 16-22. From hypersonic travel to the future of autonomous flight to manned space flight, Boeing will visually present the innovations that will revolutionize the way humans travel around the world and into space.

Visitors can immerse themselves in a large 360-degree theater and board next-generation aircraft through virtual and mixed reality devices. The interactive exhibit showcases Boeing’s latest family of aircraft and services, and gives visitors a first look at what the company is developing in its second century of aerospace innovation. more>

In extremis

By Nabeelah Jaffer – to understand what has led someone to extremism it is not enough to point to ideology. Ideas alone did not bring Mair to leave his home that morning with a sawn-off shotgun and a seven-inch knife. The accounts that emerged in the weeks after Cox’s murder dwelt on many details of Mair’s previously blameless life.

‘Loneliness is the common ground of terror’ – and not just the terror of totalitarian governments, of which Hannah Arendt was thinking when she wrote those words in The Origins of Totalitarianism. It also generates the sort of psychic terror that can creep up on a perfectly ordinary individual, cloaking everything in a mist of urgent fear and uncertainty.

Totalitarian ideas offer a ‘total explanation’ – a single idea is sufficient to explain everything. Independent thought is rendered irrelevant in the act of joining up to their black-and-white worldview.

Becoming an ‘idealist’ assuaged these fears (the word is perhaps better read as ‘ideologue’). After all, if you sign up to the idea that class struggle, racial competition or civilizational conflict is absolute, then you can achieve meaning and kinship as part of a race, class or civilization without ever requiring two-sided thought – the kind of thought that involves weighing competing imperatives and empathizing with a range of people. more>

Updates from Siemens

On-Trend, On-Time Fashion Design Software
Siemens – Product innovation is critical in every industry, whether it’s automotive, aerospace and defense, consumer goods, or retail. But in the “fast fashion” retail market, innovation needs to happen constantly, as customer preferences and needs for apparel, footwear and accessory goods change. The challenge is keeping up with this demand, whether you discover it on a trip to Milan or through a social network, and filtering the best ideas into a pipeline of new styles that hits the market at the right time and in the right place.

Siemens PLM Software’s solutions for apparel, footwear and accessories provides buyers, designers, technical designers, merchandisers and senior management with a central location to capture new trends, collaborate across the supply chain, and effectively manage the fashion product development process, so your company always goes to market with the optimal assortment of new styles.

You are provided with fashion design software that incorporates decision support, integrated specification management, and value chain collaboration with secure, global access for your entire team. Manufacturers and their supply chain partners are able to collaborate to deliver new styles that customer want, when they want them, and have visibility to emerging risks and opportunities. This ultimately leads to efficiencies that deliver new fashions — whether clothing, footwear or accessories — to the market that are on-trend, and on-time. more>

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Updates from Boeing

The Future is Built Here – Farnborough Airshow 2018
Boeing – The future is here at the Farnborough International Airshow, the industry’s largest air show and aerospace technology exhibition in 2018. Thousands of commercial and defense aerospace professionals will come together July 16-22 at this renowned venue outside London.

The Farnborough Airshow is legendary for its inspiring air display lineup and for showcasing new aerospace technologies. more>

Updates from Chicago Booth

By John Wasik – Finland sits at the top of the United Nations’ 2018 World Happiness Report, which ranked more than 150 countries by their happiness level. The country that gave the world the mobile game Angry Birds scored high on all six variables that the report deems pillars of happiness: income, healthy life expectancy, social support, freedom, trust, and generosity. News reports touted Finland’s stability, its free health care and higher education, and even the saunas and metal bands for which it’s famous.

Yet abundance does not equate to happiness, according to research—even on a longer time frame. In most developed countries, the average person is rich by the standards of a century ago. Millions more people have access to safe food, clean drinking water, and in most cases state-funded health care.

And in countries with a growing middle class, millions more are now finding themselves able to purchase big-screen televisions, smart phones, and cars.

But this growth in wealth hasn’t made people happier.

People gain more happiness when they satisfy their inherent rather than learned preferences—needs rather than wants. more>

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Updates from Siemens

Product Realization for Aerospace and Defense
Siemens – Aerospace companies need to win business in an environment that is increasingly competitive, both locally and globally. This requires proving your ability to meet target dates and costs in production while delivering products that meet customer requirements.

Increasing demand in some sectors, such as commercial aircraft, drives a requirement for higher levels of productivity. You have to take advantage of new materials and processes to build the most competitive products.

Efficient manufacturing within budget and schedule targets is an operational imperative for successful aerospace and defense companies. “Program Execution Excellence” is the Siemens PLM Software perspective on how leading aerospace and defense companies can effectively deliver consistent execution with customers and their suppliers during product realization. more>

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Guidelines to Achieve Digital Transformation

GSR-18 BEST PRACTICE GUIDELINES ON NEW REGULATORY FRONTIERS TO ACHIEVE DIGITAL TRANSFORMATION
itu.int – Digitization is increasingly and fundamentally changing societies and economies and disrupting many sectors in what has been termed the 4th Industrial Revolution. Meanwhile, ICT regulation has evolved globally over the past ten years and has experienced steady transformation.

As regulators, we need to keep pace with advances in technology, address the new regulatory frontiers and create the foundation upon which digital transformation can achieve its full potential. Being prepared for digital transformation and emerging technologies such as Artificial Intelligence (AI), the Internet of Things (IoT), Machine to Machine communications (M2M) and 5G is fundamental.

Advances in technology are creating new social phenomena and business models that impact every aspect of our personal and professional lives – and which challenge regulatory paradigms. M2M, cloud computing, 5G, AI and IoT are all bringing further profound change. Recognizing the potential of emerging technologies and the impact that policy and regulatory frameworks can have on their success, regulators should encourage a regulatory paradigm pushing frontiers and enabling the digital transformation. more> draft doc (pdf)

Towards The Disappearance Of Politics?

BOOK REVIEW

The Human Condition, Author: Hannah Arendt.

By Valerio Alfonso Bruno – Today, erosion of the public sphere is once more a harsh reality, as is particularly evident in the current weakness of “Western Democracies.”

The substantial risk of leaving democratic institutions only formally alive, but significantly lacking any content, is encouraging a deep reflexion on the reasons behind this erosion of the space for public debate and active political action.

However, some frequent arguments are employed by different people (belonging to political parties, policy-makers, academia, analysts, media) to justify the impossibility of developing a comprehensive political debate within contemporary democracies. At least four main orders of arguments can be identified that are used to justify the shrinking of the Vita Activa:

  1. technical complexity,
  2. global issues,
  3. trivialization of politics and
  4. ideological taboo.

Open, pluralistic, debate within democratic societies is unfortunately the first victim of the current political environment, as seen recently in the US and Italy.

The limitation of the public debate by reason of technical complexity and growingly global issues, or trivial generalization and ideological taboos, is dangerously forcing democracies’ citizens into political passivity, narrowing de facto the window of alternatives to an extreme degree, and resulting is an increased polarization. more>

How Japan could soon offer lessons for the Fourth Industrial Revolution

By Murat Sönmez – Leveraging fast-emerging technologies like self-driving cars, artificial intelligence and data-intensive precision medicine to address social challenges is a goal that many countries share. The most successful will have at least two things in common: a strong sense of mission across government, industry and civil society; and the right mix of intellectual and industrial assets to apply to the task.

Japan, I’m convinced, possesses both in abundance.

In recent months, I have worked closely with Japanese government, business and civil society leaders to establish the World Economic Forum Centre for the Fourth Industrial Revolution Japan — the first Centre in the Forum’s new global network to be established outside the United States.

Supported by the Japanese government and businesses, Centre for the Fourth Industrial Revolution Japan will co-design pilot projects to speed up Japan’s response to technological change. The goal is two-fold: First, to help Japan make the most of technology as it confronts critical issues like an aging and shrinking population — part of an ambitious program of social transformation that Japanese leaders are calling Society 5.0.

And second, to create new governance models for other countries to follow. more>

General Motors Sees a Future With Zero Crashes, Zero Emissions, Zero Congestion

By RP Siegel – GM’s 2017 Sustainability Report boldly proclaims a vision of the future in which three of the biggest historical drawbacks of the automobile are completely eliminated. That is to say, there will be “zero crashes, zero emissions, and zero congestion.” This, according to CEO Mary Barra, will be accomplished by a combination of “autonomous, electric, shared, and connected vehicles.”

Design News spoke with David Tulauskas, GM’s Sustainability Director, who elaborated on some of the key messages, strategies and enablers that are embedded in this report. “This report brings together our vision of the future of transportation that has been coming together over the past several years,” Tulauskas said.

He would not say whether or not any of these would be trucks, though we have noted in the past that fuel cells could be a sweet spot for trucks. To get a sense of proportion, Tulauskas said that they typically have between 50-70 vehicles in the pipeline.

The transformation, of course, goes well beyond what any single company can provide. Unless these technologies are developed in conjunction with corresponding changes in areas like the electricity delivery system as well as urban and road infrastructure, this could be a bridge to nowhere. more>