Energy News - Energy Technology - Energy Business

February 16, 2016

When machines can do any job, what will humans do?
Houston TX (SPX) Feb 16, 2016
University computer scientist Moshe Vardi expects that within 30 years, machines will be capable of doing almost any job that a human can. In anticipation, he is asking his colleagues to consider the societal implications. Can the global economy adapt to greater than 50 percent unemployment? Will those out of work be content to live a life of leisure? "We are approaching a time when machines will be able to outperform humans at almost any task," Vardi said. "I believe that society needs to confron ... read more

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Thousands march in Brussels against cheap Chinese steel imports Thousands of European steelmakers descended on the EU capital Brussels on Monday demanding that officials do more to stop the flood of cheap imports from China. ... more		Intelligent robots threaten millions of jobs Advances in artificial intelligence will soon lead to robots that are capable of nearly everything humans do, threatening tens of millions of jobs in the coming 30 years, experts warned Saturday. ... more		OPERA satellite data sharpens US crop and water management Alen Space begins SATMAR satellite validation over Bay of Algeciras Deep Arctic gas hydrate mounds host ultra deep cold seep ecosystem		Pirelli shareholders approve Marco Polo Industrial Holding merger Shareholders of the leading Italian tyremaker Pirelli approved on Monday a proposed merger with the Chinese company Marco Polo Industrial Holding. ... more
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HSBC bank stays in London, snubbing Hong Kong Europe's largest bank HSBC informed the financial markets on Monday it would remain headquartered in Britain, rejecting a move to Hong Kong despite concerns about increased regulation in the UK. ... more		First 'Silk Road' train arrives in Tehran from China The first train to connect China and Iran arrived in Tehran on Monday loaded with Chinese goods, reviving the ancient Silk Road, the Iranian railway company said. ... more		AI systems proposed to boost launch cadence reliability and traffic management China debuts Long March 12A reusable rocket in Jiuquan test flight Curiosity Blog, Sols 4750-4762: See You on the Other Side of the Sun		China exports, imports slump in January: Customs Chinese trade slumped in January, authorities said Monday, as both exports and imports tumbled with feeble domestic and global demand dragging on the world's second-largest economy. ... more
Iraq PM offers cash-strapped Kurds salaries for oil Iraq's federal government will pay the salaries of the cash-strapped Kurdish region's employees if it halts its independent oil exports, Prime Minister Haider al-Abadi said Monday. ... more		Several quakes strike oil-rich Oklahoma The U.S. Geological Survey reported at least 9 minor earthquakes since the weekend in Oklahoma, a state wary of the connection between fracking and tremors. ... more		Oil spills in Peruvian Amazon hit wildlife Two recent oil pipeline spills in Peru's part of the Amazon hit areas rich in wildlife and it will take them a year to recover, the government said Monday. ... more		Oil ticks slightly higher, though Japan clouds momentum Japanese economic data Monday showing lingering weakness provided a throttle on momentum sparked last week by OPEC production cut rumors. ... more

	North Dakota rig count moves lower North Dakota exploration and production activity held below the most recent historic low point Monday, with the No. 2 oil producer losing a rig from last week. ... more		No discounts for oil, Iran says Iran is not marking its return to the global crude oil market in the post-sanctions era with price discounts, a director at the state-run oil company said. ... more

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