Technology

THE MINIMUM JOB EXPECTANCY:

Free electric vehicle charging at work? It’s possible with optimum solar (SPX, Dec 18, 2023)

The global surge in electric vehicle sales has prompted an Australian university to explore how it could offer free or nominal EV charging facilities to staff and students by optimising its solar PV system and minimising workplace electricity costs.
Engineering researchers based at the University of South Australia (UniSA) Mawson Lakes campus say that using renewable energy to power EV day charging is the key, lowering electricity grid demand in the evening and helping to support Australia’s net zero emission targets by 2050.

Both The Wife and I have free charging at work, meaning we’ve very nearly never spent a cent to power our vehicle.

TRANSITORY IS AS TRANSITORY DOES:

Utility rate roundup: Decreases for Eversource and Unitil, controversy for Liberty (HADLEY BARNDOLLAR, DECEMBER 18, 2023, NH Bulletin)

The U.S. Energy Information Administration expects natural gas prices to decline by 24 percent from last winter. In New England, natural gas is used to produce roughly half of the region’s electricity.

Last year’s exorbitant cost of energy was mainly attributed to the war in Ukraine, the region’s overreliance on natural gas, and extreme weather events, utilities have said.

CAIN WINS:

Robots Free Humans from Repetitive Tasks (Janna Lu, December 16, 2023, AIER)

Furthermore, Amazon is experimenting with a multi-robot system called Sequoia at an Amazon facility in Houston, Texas. Sequoia delivers all the totes to employees at an ergonomic workstation, where the employee only has to do work between mid-thigh and mid-chest height. This innovation eliminates the need for regular reaching or squatting, further reducing the injury rate.

Sequoia has improved the identification and storage of incoming inventory by 75 percent, reducing the time to list and update inventory on Amazon.com. It has also reduced order processing time by 25 percent, speeding up shipping times.

With the implementation of robotics and AI, Amazon can reduce injuries and ship much faster. In some same-day facilities, packages “prepared for dispatch within 11 minutes of an order placement at same-day facilities,” about an hour faster than in next-day or two-day facilities.

AI also helps Amazon create efficient delivery routes, “adapting in real-time to traffic and weather conditions,” and helps Amazon forecast daily demand for packages so that the company can predict where and when things will be ordered. Delivery hubs can handle over 110,000 packages within the holiday season, up from the 60,000 that they typically handle.

AI and robotics will impact jobs and change various industries, but automation will first start to replace the jobs that people do not want to do.

THE DOCTOR WILL SCAN YOU NOW:

Underestimating AI in Healthcare (Daisy Wolf, Adela Tomsejova, Jay Rughani, and Vijay Pande, December 13, 2023, Andreesen horowitz)

In the 2000s, technology radically changed not just how stocks were traded, but the decision behind which stocks to trade. Firms like Citadel, DE Shaw, and Two Sigma started to employ High Frequency Trading, computer algorithms capable of executing thousands of trades per second.

Quants, the algorithm writers, overtook master traders, who manually studied companies. Algorithms overtook hunches. The quant funds who led the pack raked in hundreds of billions of dollars.

100% of stock trades used to be made by humans. Today, 80% are made by computer algorithms.

AI is about to bring a similar revolution to healthcare.

Over the next few decades, at least half of the $4.3 trillion dollar American healthcare industry will be AI-driven.

AI will drive drug discovery, proposing medicines not yet dreamed up by man. AI will play a key role in diagnosis, helping humans know what’s wrong sooner so they can get access to life-saving treatments. AI will change how care is delivered, as every human will have a world-class AI doctor in their pocket. And AI will eliminate a lot of the infuriating back office minutia in healthcare.

The markets are significantly undervaluing this opportunity.

PHYSICSAL GRAFFITI:

Fusion Breakthrough as Near-Limitless Energy Comes Closer to Reality (Pandora Dewan, Dec 15, 2023, Newsweek)


“The fusion community is urgently looking for new manufacturing approaches to economically produce large plasma-facing components in fusion reactors,” Ialovega said.

The team’s technology uses a cold spray process to deposit a coating of the metal tantalum on the stainless steel surface of the reactor. This metal can withstand the superhot temperatures of the reactor, and is also great at absorbing hydrogen.

“We discovered that the cold spray tantalum coating absorbs much more hydrogen than bulk tantalum because of the unique microstructure of the coating,” Kumar Sridharan, a professor of nuclear engineering and engineering physics and materials science and engineering at UW-Madison, said in a statement.

Cold spray technology is similar to using a can of spray paint.

FOSSILS REPRESENT THE EXTINCT:

Solar costs are now nearly 30 per cent lower than cheapest fossil fuel option, EY says (Joshua S Hill, 12 December 2023, Renew Economy)


A new report from consulting giant EY says solar PV technology remains the cheapest source of new-build electricity in most parts of the world, with a global weighted average levelised cost of electricity (LCoE) that is 29% lower than the cheapest fossil fuel alternative.

In a new report analysing changes to the global energy system, EY found that in 2022, around 86%, or 187GW, of newly commissioned, utility-scale renewable power generation produced electricity at a lower cost than the average cost of fossil fuel generation.

IT’S IMPOSSIBLE TO OVERSTATE DEFLATIONARY PRESSURES:

Quantum: Computing’s Next Wave (Shane Tews, 12/11/23, AEIdeas)

Below are the highlights from my conversation with Alan Baratz, CEO of D-Wave, a commercial quantum company.

You mentioned autonomous vehicles and scheduling. Is that supply chain management scheduling that you’re talking about?

We have a customer that provides software to shipping ports to manage how cranes move cargo containers across the port from the ships onto the port, and then ultimately, on to the trucks. Our customer quantum-enabled their software to help compute the optimal movement of the cranes moving containers throughout the port. They found that using the schedules generated by the quantum computer, each crane could move up to 60 percent more containers in a day than the schedules the classical computers were developing. This has allowed them to increase the throughput through the port by about 12 percent. So this is a very concrete example, in the supply chain logistics arena of how quantum computers today can add value.

We keep hearing that quantum isn’t here yet, but you already have customers.

Yes, we have over 60 customers that we are working with to leverage our quantum computer today across a variety of different industries and use cases. For example, we’re working with MasterCard on improving customer loyalty rewards—basically optimizing which programs get offered to which card holders and on fraud detection. We’re working with Davidson technology, as a government contractor, on missile targeting as well as radar assignment. We’re working with grocery chain Patterson food group on employee scheduling, e-commerce, and grocery delivery.

I SHOULD USE IT TO DO YOUR JOB, NOT YOU MINE:

With ChatGPT turning 1, Americans wonder whether AI is coming for their jobs (Andrea Hsu, 12/01/23, NPR)


Baltimore illustrator John de Campos was irate when he discovered that some of his original work had been used to train an artificial intelligence chatbot — without his permission.

“It’s so gross,” he says.

In just the past year, AI-powered programs like Midjourney and DALL-E have made it possible for anyone to create highly sophisticated images with just a few clicks of the keyboard.

For de Campos, that’s an outrage.

“The fact that human expression and art is now at risk and on the chopping block is super duper scary to me,” he says.

At the same time, de Campos, who aspires to make a living as a board game designer, has found ChatGPT to be a very effective helper when it comes to marketing his games on social media.

Sublime.

EAVOR-LASTING POWER::


The Man Who Could Finally Solve the Geothermal Puzzle: The huge potential of geothermal energy to meet the climate and energy crises has always been outweighed by its problems. With Eavor, John Redfern believes he’s found the solution. (JOSH SIMS, December 7, 2023, Inside Hook


Their idea is deceptively simple. Traditional geothermal technology has to target an aquifer, and then use a form of fracking, forcing water into and then out of the very hot permeable rock underground, creating steam to drive a turbine to generate electricity, but losing about 50% of the energy in the pumping process.

Instead, Eavor’s plan is to drill two eight-inch-wide wells down several miles, then drill laterally some more miles and connect them, thus making a huge closed loop. Then, through conduction, they’ll let the water flow through it, the large surface area of the bores being super-heated by the surrounding rock. That’s one loop of maybe 10 loops in a major plant.

“It’s just like a big radiator,” as Redfern describes it, making the hard-to-do sound very simple.

In another sense, he says, it’s the reverse of one of the oil industry’s ways of extracting oil sands, in which drilled wells allow heat to be injected underground to loosen the sands and allow the oil to be removed.

Eavor’s “closed-loop’ system — the Eavor-Loop — has been working towards full-scale operation for a few years. The company launched Eavor Lite, a small-scale proof-of-concept plant in 2019, and followed that with Eavor Deep in New Mexico late last year, which proved the technology could be used in, for example, granite rock and super-high temperatures, environments that the traditional oil and gas industry avoid.

Now, among several Eavor projects in the works, the most advanced is a $325 million Eavor-Loop under construction in Bavaria, Germany, on the site of a decommissioned power plant and funded in part by a grant from the EU Innovation Fund. Drilling began this July, and it’s expected to take three years to produce four loops — amounting to 150 miles of wells in total, 2.5 miles deep and coping with temperatures around 302 degrees Fahrenheit — though power is expected to come online in October 2024 when the first loop is complete. With that, Eavor expects its idea to be commercially proven.

“That’s a lot of drilling,” notes Redfern. “Never since Bruce Willis and Armageddon has there been the potential for the world to be saved by a bunch of drillers drilling holes.”

Drill, baby, drill.